Ato Essien’s case will be decided in court on Thursday.

by Mawuli
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William Ato Esien, the founder of the now-defunct Capital Bank, is accused of playing a part in the collapse of the ban, and the High Court, presided over by Eric Kyei Baffour of the Court of Appeal sitting as an additional High Court Judge, will render its decision on Thursday.

Mr. Ato Essien and two other people were charged with siphoning liquidity support from the Bank of Ghana’s 620 million bailouts (BoG).

The accused opened several bank accounts with Capital Bank, according to the prosecution, through which the 620 million liquidity support was sent, while other accounts were carried in jute bags to Ato Essien.

On the counts, they entered a not guilty plea.

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