Tag: Ivory Finance
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Ivory Finance pursues cash from SIC Insurance
Ivory Finance has told Citi Business News it still stands by its case of being owed by SIC Insurance in a breach of contract in a credit guarantee case currently before the court. The Supreme Court, on Wednesday February 21, 2018, ordered that all parties return to the High Court for the court to sit…
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Supreme Court upholds SIC’s appeal against Ivory Finance
The Supreme Court today, Wednesday, February 21, 2018, ordered SIC and Ivory Finance, to resort to the High Court for the hearing of the merits of an allegation of fraud leveled against Ivory Finance. SIC’s appeal is in relation to a guarantee case which has been in court for the past five years. In November…
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SIC yet to clear Ivory Finance debt – Adu Sarkodie
Non-bank financial institution, Ivory Finance, has dismissed reports that it has been paid in full, the 91 million cedis owed it by insurance firm SIC. The two have been in a long standing legal and board room battle over the debt which came up after SIC guaranteed a 14 million cedi Italconstruct project for 19.3…