Tag: Vish Ashiagbor
-
PwC backs BoG’s call for specialised courts to deal with banks’ resolution matters
PricewaterhouseCoopers has backed the calls by the Bank of Ghana boss Dr. Ernest Addison for the Chief Justice to establish special courts to deal with issues arising from the central bank’s resolution of some failed banks. The central bank governor has lamented that some directors among others of some of the erstwhile banks have resorted…
-
Consolidated bank given bond cash – BoG Governor
The Bank of Ghana has clarified that it has made available cash from the bond issued in the name of the Consolidated bank. According to the Governor of the central bank, Dr. Ernest Addison, the move has helped in positioning the bank to undertake its business as usual. His comments come on the back of…
-
One year on; Receiver still pursuing UT, Capital cash [Audio]
Interested parties to benefit from proceeds of the disposal of assets and liquidation of same of defunct UT and Capital banks may have to wait a little longer. This is because the Joint Receiver for the defunct UT and Capital banks, Pricewaterhouse Coopers has stressed that the processes, majority of which are legal, could take…
-
Leaked UT, Capital bank report independent of investigations – PwC
The Joint Receivers of defunct UT and Capital banks, PricewaterhouseCoopers (PwC), has ruled out any impact of disclosures on questionable dealings by the former directors and shareholders, on its investigations. Documents sighted by Citi Business News have showed that the former shareholders of the two banks, engaged in related party transactions among other unapproved activities…
-
Creating 350,000 jobs will be tough unless – Economist
Economists have told Citi Business News that it will be tough for government to achieve its job creation agenda for 2018 if the country continues to rely on the oil sector. According to them, it will be prudent to invest and grow the real sector of the economy (comprising agriculture, industry, among others) to drive…