Business / Agribusiness Crime

Just In: Capital Bank Founder Ato Essien Sentenced to 15-Year Jail Term for Embezzlement

The Accra High Court has issued a 15-year jail sentence to William Ato Essien, the Founder of the defunct Capital Bank, for misappropriating over GHC90 million of the bank’s funds. Mr. Essien had been found guilty of embezzling the mentioned sum from Capital Bank in a conviction dating back to December of the previous year. […]

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