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Bank of Ghana fails to provide explanation on UT Bank closure - Prince Kofi Amoabeng.
Prince Kofi Amoabeng, the co-founder of UT Bank, has revealed that the Bank of Ghana’s decision to close down his bank was partly fueled by political reasons. According to Amoabeng, the Bank of Ghana’s handling of the closure was questionable, and he suspects that external factors, including pressure from the International Monetary Fund (IMF), may have influenced the decision. UT Bank’s license…
My life has been a complete 360, I don’t need much money to enjoy life- Kofi Amoabeng, whose bank was collapsed by the NPP speaks
My life has been a complete 360, I don’t need much money to enjoy life- Kofi Amoabeng, whose bank was collapsed by the NPP speaks
Former boss of the defunct UT Bank, Prince Kofi Amoabeng has said in a fresh interview with TV3 that his life has been a complete cycle for him because he has seen it all in life. On Business Focus on TV3, the businessman whose UT Bank was carelessly collapsed in 2017 by the government’s New Patriotic Party (NPP) on the pretext of the Bank of Ghana’s (BoG) banking sector clean-up suggested he’s…
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Here's the inventory report on assets and liabilities of defunct UT Bank
Here’s the inventory report on assets and liabilities of defunct UT Bank
UT Bank collapsed in August 2017 The Bank of Ghana has issued an inventory report detailing the assets and liabilities of defunct UT Bank Ghana Limited as of August 14, 2017, when the bank’s license was revoked. According to the central bank, the report has not been prepared using procedures that constitute an audit or assurance engagement in accordance with International Standards on Auditing…
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Here's the inventory report on assets and liabilities of defunct UT Bank
Here’s the inventory report on assets and liabilities of defunct UT Bank
UT Bank collapsed in August 2017 The Bank of Ghana has issued an inventory report detailing the assets and liabilities of defunct UT Bank Ghana Limited as of August 14, 2017, when the bank’s license was revoked. According to the central bank, the report has not been prepared using procedures that constitute an audit or assurance engagement in accordance with International Standards on Auditing…
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My mates thought I will fail in life because of ‘too much chilling’ – Kofi Amoabeng
My mates thought I will fail in life because of ‘too much chilling’ – Kofi Amoabeng
Prince Kofi Amoabeng, co-founder of defunct UT Bank has opened up about his days growing up, disclosing that colleagues did not believe he will be successful in life.According to him, too much ‘chilling’ was at the heart of the belief that he will not make it in life but he further disclosed that the gamechanger was his entry into the military where his life got reordered.GhanaWeb monitored…
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I Will not Reopen a Bank — Kofi Amoabeng
I Will not Reopen a Bank — Kofi Amoabeng
Captain Prince Kofi Amoabeng (Rtd), the former Chief Executive of UT Bank, has stated that he would not launch a new financial institution. Captain Amoabeng was a co-founder of UT Bank, which went bankrupt in 2017 as part of Ghana’s banking sector cleaning. According to the military commander turned businessman, he does not need to prove his return to anybody. “I’m not attempting to re-establish…
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Bagbin constitutes nine-member committee to probe uniBank, UT Bank collapse
Bagbin constitutes nine-member committee to probe uniBank, UT Bank collapse
The Speaker of Parliament, Alban Bagbin, has established a nine-part board to investigate a request introduced to the House by two greater part investors of uniBank and UT Bank. The request required an examination concerning the lead of the Bank of Ghana and the Ghana Stock Exchange in the renouncement of the licenses of the banks. The Speaker, after the request was authoritatively brought before…
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Ayariga welcomes committee set up to probe uniBank, UT Bank collapse
Ayariga welcomes committee set up to probe uniBank, UT Bank collapse
The Member of Parliament for Bawku Central, Mahama Ayariga has welcomed a decision by Parliament to form a seven-member committee to probe the collapse of uniBank and UT Bank. Mr. Ayariga on Eyewitness News argued that the committee’s investigation will clarify the issue at hand. “The very important thing is the whole idea that a bipartisan forum is being created for the examination of the…
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