Tag: NDK Financial Services
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Appeals Court hears AG’s motion in NDK judgement debt case today
The Court of Appeal will today hear a case in which the Attorney General’s Department has filed for a motion of stay of execution in the case involving government and NDK Financial Services. The Court, last Tuesday granted a motion by the AG’s department to relist stay of execution. It followed the garnishee processes to…
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NDK pursues ‘diverted payments’ in court today
A commercial court will today [Monday] hear a contempt case filed against the Chief Director and Principal Accountant of the Ministry of Energy, for failing to furnish the court with details of accounts of payments made in contravention of payment guarantees/undertakings giving to NDK. Per the Supreme Court ruling, the two, should have filed the…
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BoG to appear in court over NDK judgment debt case against Govt
The Bank of Ghana is expected to justify next week Wednesday [November 30, 2016], in court, why one of government’s account should not be frozen following the ruling in the judgment debt case between non-bank financial institution, NDK Financial Services and government. An Accra High Court granted NDK Financial services a garnishee order following a…