Finance

Payment won’t stop prosecution against you – AG to Ato Essien

 

The Chief State Attorney, Marina Appiah Opare, has said the plan by Mr. Willaims Ato Essien, CEO of the defunct Capital Bank, to pay the funds will not stop the trial from proceeding since the negotiation will affect only four of the charges.

He and three others are facing 26 charges for various roles they played leading to the collapse of Capital Bank.

The Attorney General on Thursday, June 18, 2020, rejected the repayment terms submitted by Ato Essien, who is standing trial for the collapse of the bank.

Ato Essien wrote to the Attorney General’s Office for a payment plan.

But Ms. Marina Appiah Opare told an Accra High Court on Thursday, June 18, 2020, that the agreement was “totally unacceptable”. She said the terms were not favorable to the State.

The trial judge, Justice Kyei Baffour, after hearing the case, adjourned proceedings to July , 2020, saying should the State fail to reach an agreement, the case will proceed.

 

Source: laudbusiness.com

Ogyem Solomon

Solomon Ogyem – Media Entrepreneur | Journalist | Brand Ambassador Solomon Ogyem is a dynamic Ghanaian journalist and media entrepreneur currently based in South Africa. With a solid foundation in journalism, Solomon is a graduate of the OTEC School of Journalism and Communication Studies in Ghana and Oxbridge Academy in South Africa. He began his career as a reporter at OTEC 102.9 MHz in Kumasi, where he honed his skills in news reporting, community storytelling, and radio broadcasting. His passion for storytelling and dedication to the media industry led him to establish Press MltiMedia Company in South Africa—a growing platform committed to authentic African narratives and multimedia journalism. Solomon is the founder and owner of Thepressradio.com, a news portal focused on delivering credible, timely, and engaging stories across Ghana and Africa. He also owns Press Global Tickets, a service-driven venture in the travel and logistics space, providing reliable ticketing services. In addition to his media ventures, Solomon serves as a Brand Ambassador for Alabuga, a prominent Russian industrial company, representing their interests and expansion across Africa. He previously owned two notable websites—Ghanaweb.mobi and ShowbizAfrica.net—both of which contributed to entertainment and socio-political discussions within Ghana’s digital space. With a diverse background in media, digital journalism, and business, Solomon Ogyem is dedicated to telling impactful African stories, empowering youth through media, and building cross-continental media partnerships.

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