Former UT Bank Boss Kofi Amoabeng Arrested Over Bank Collapse – Charged With Stealing and Money Laundering

Kofi Amoabeng - Former UT Bank Boss Kofi Amoabeng Arrested Over Bank Collapse – Charged With Stealing and Money Laundering

The former head of UT Bank, Kofi Amoabeng, has been arrested by the Ghana Police Service over the collapse of his bank.

Amoabeng was arraigned before an Accra Circuit Court earlier today to stand trial for the circumstances surrounding the collapse of his bank.

READ ALSO: Photo Of Senior Minister Osafo Marfo And His Alleged Sidechick Flying First Class For Romantic Trip Pops Up

According to Joy News, he’s being charged with stealing and money laundering.

Amoabeng is accused of allegedly stealing more than Ghc51.3 million and $8.6million belonging to customers of the bank.

Michael Nyinaku, founder of the defunct BEIGE Capital, is also facing similar charges.

READ ALSO: ‘You’re A Disgrace To Women, Beter Go And Beg God for Forgiveness’ – Albert Kan Dapaah’s Family Trashes Slay Queen Who Leaked His Video, Rain Unprintable Insults On Her

Both defendants reportedly pleaded not guilty to the charges.

It’ll be interesting to see whether this goes anywhere or becomes an infamous Ghanaian ‘foolish case’.

Source: GhanaCelebrities.Com

Be the first to comment

Leave a Reply

Your email address will not be published.


*