Tag: license revocation
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GN License Case: Court dismisses BoG’s appeal, orders them to justify revocation
The Court of Appeal on Monday, June 22, 2020, dismissed an appeal by the Bank of Ghana, which challenged the jurisdiction of the High Court in hearing the suit filed by GN Savings and Loans over the revocation of its license. BoG had argued that the High Court has no jurisdiction to hear the complaint…
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GN Savings License Revocation case: BoG and A-G fail to file defence
The Bank of Ghana and the Attorney-General have failed to file a defence in the case brought against them by. Dr Papa Kwesi Nduom, Chairman of Groupe Nduom. In the suit, which is still pending in the High Court in Accra, Dr. Nduom accused the Bank of Ghana (BoG) and the Minister of Finance of…