Prince Kofi Amoabeng and Michael Nyinaku charged with stealing
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The founders of two collapsed banks, Prince Kofi Amoabeng and Michael Nyinaku have been charged with stealing and money laundering.
Prince Kofi Amoabeng, the founder of the defunct UT Bank and Michael Nyinaku, the founder of the defunct BEIGE bank have been accused of allegedly stealing more than Ghc390million and $8.6 million belonging to customers of the bank, reports Graphic Online’s Emmanuel Ebo Hawkson.
Amoabeng has been accused of stealing more than Ghc51.3 million and $8.6million, while Nyinaku has been accused of stealing more than Ghc340million.
The two pleaded not guilty to the charges leveled against them when they appeared before the Accra Circuit Tuesday, reports Graphic Onlines Ebo Hawksom.
-Graphic
ABOUT: Nana Kwesi Coomson
akcoomson@yahoo.com An Entrepreneur, Corporate Social Responsibility, Corporate Communications Executive and Philanthropist. Editor-in-Chief of www.233times.com. A Senior Journalist with Ghanaian Chronicle Newspaper. An alumnus of Adisadel College where he read General Arts. His first degree is in Bachelor of Arts - Political Science (major) and History (minor) from the University of Ghana. He holds MSc in Corporate Social Responsibility (CSR) and Energy with Public Relations (PR) from the Robert Gordon University in the United Kingdom. He is a 2018 Mandela Washington Fellow who studied at Clark Atlanta University in USA on the Business and Entrepreneurship track.
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