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JUST IN: Kwabena Duffuor, eight others granted GHS60m bail

An Accra High Court has granted bail to the founder of now-defunct uniBank Dr. Kwabena Duffuor, former Deputy Governor of the Bank of Ghana, Johnson Asiama and seven others.

Dr. Duffuor and Mr. Asiama are facing charges of fraudulent breach of trust, money laundering, dishonestly receiving and falsification of accounts alongside Hoda Holdings Limited, Kwabena Duffour II, Ekow Nyarko Dadzie-Dennis, Elsie Dansoa Kyereh, Jeffrey Amon, Benjamin Ofori and Kwadwo Opoku Okoh.

The bail was granted to the tune of GHS60 million with two sureties to be justified.

The accused persons are also required to deposit their passports at the registry of the court.

The nine persons are facing trial for their alleged embezzlement of GHS5.7 billion which is said to have led to the collapse of uniBank.

More soon…

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