Tag: Bank

Osei Tutu II meets the Queen in 2000 CREDIT:  FIONA HANSON
Europe Homeland News World

‘The Ashanti King gave me £350,000 and I took it to the bank in taxi,’ sacked bank official claims

To a Ghanaian King, handing someone a holdall stuffed with more than £350,000 to deposit in a bank might seem nothing out of the ordinary. Indeed, when Osei Tutu II, traditional ruler of the Kingdom of Ashanti, summoned Mark Arthur to his multimillion-pound residence in Henley-on-Thames and handed him a […]

Dr Johnson Asiama, 2nd Deputy Governor of BoG

Fraud at banks on the rise

The Bank of Ghana (BoG) is alarmed at the rising spate of card fraud and defalcation in the banking sector that is threatening the integrity of the financial system. Fraud remains a major operational risk that confronts the banking industry and the authorities are battling to contain the over 282 […]