Capital Bank founder William Ato Essien jailed 15 years for stealing
The Accra High Court has slapped a 15-year jail term on the founder of defunct Capital Bank, William Ato Essien for stealing over GH₵90 million belonging to the bank. Essien who was convicted in December last year for stealing over GH₵90m belonging to Capital Bank, avoided a custodial sentence after the court accepted an agreement […]
Another lifeline for defunct Capital Bank’s Ato Essien to redeem GH¢12 million owed State
By; Beatrice Oppon The High Court in Accra has given another lifeline to convicted Founder of defunct Capital Bank, William Ato Essien to redeem an outstanding twelve million cedis to the State by July 27, 2023. Eric Kyei Baffour said the convict has only made two million cedis payment since May 17, 2022 when the […]
Ato Essien pleads guilty to 16 counts of charges including money laundering
The first accused in the Capital Bank trial, Mr. William Ato Essien, has pleaded guilty to 16 counts of charges including stealing and money laundering. A Deputy Attorney General, Mr. Alfred Tuah-Yeboah in court on Tuesday, December 13, 2022, explained how the state arrived at the agreement with the accused’s defense counsels. Citing how Ato […]
Court ‘frees’ defunct Capital Bank founder William Ato Essien
William Ato Essien, the founder of the defunct Capital Bank, who was standing trial for stealing GH¢192.5 million of depositors’ funds, has avoided a custodial sentence. Essien avoided prison today (December 13, 2022) after the court, presided over by Justice Eric Kyei Baffour, accepted an agreement between him (Essien) and the prosecution for Essien to […]
