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    Home»Ghana News»Attorney General drops charges against UniBank founder Dr Duffuor & 7 others
    Ghana News

    Attorney General drops charges against UniBank founder Dr Duffuor & 7 others

    ZamZam UpdateBy ZamZam UpdateJuly 22, 2025No Comments3 Mins Read
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    The Lawyer Normal and Minister for Justice, Dr Dominic Ayine, has formally discontinued the prosecution of former Finance Minister and founding father of the defunct UniBank, Dr Kwabena Duffuor, together with seven others.

    It will likely be recalled that in February 2020, Dr Duffuor, his son Kwabena Duffuor II, former Second Deputy Governor of the Financial institution of Ghana, Dr Johnson Asiama, and 5 different senior officers of the defunct financial institution had been charged with 68 counts regarding the collapse of UniBank. The fees included fraudulent breach of belief, cash laundering, dishonestly receiving, and falsification of accounts.

    Nonetheless, the case involving Dr Johnson Pandit Asiama was withdrawn earlier in January 2025, following a separate evaluation by the Lawyer Normal’s workplace.

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    Attorney General drops charges against UniBank founder Dr Duffuor & 7 others

    In an announcement dated 22 July, signed by Deputy Lawyer Normal Dr Justice Srem-Sai, it was disclosed that Dr Ayine had filed a nolle prosequi to discontinue the case. The choice, the assertion defined, adopted the Lawyer Normal’s satisfaction that the accused individuals had met the 60% restoration threshold of the alleged losses to the state.

    The assertion learn:

    The central goal of those prosecutions has been to (a) guarantee accountability for public funds and, extra importantly, (b) get better losses occasioned to the State via numerous alleged acts of economic impropriety.

    Dr. Kwabena Duffuor

    Dr. Kwabena Duffuor

    It additional defined that:

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    In pursuit of this goal, the Workplace of the Lawyer-Normal, in collaboration with different related state businesses, established a threshold of 60% restoration of the alleged losses to the State as a situation for reconsidering prosecution in particular instances.

    Attorney General drops charges against UniBank founder Dr Duffuor & 7 others

    In keeping with the Deputy Lawyer Normal, following in depth negotiations and engagements, the accused individuals had efficiently met the restoration threshold. As such, the prosecution would not serve the general public curiosity. He said:

    Accordingly, in furtherance of public curiosity, and contemplating the numerous recoveries made for the State, the Honourable Lawyer-Normal has happy himself that persevering with with the prosecution is not going to serve any further public objective.

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    The assertion, nonetheless, clarified that the discontinuation of the case doesn’t indicate an absence of wrongdoing, nor does it vindicate any specific conduct. It emphasised that the choice was a realistic one, guided by the overarching nationwide goal of recovering state assets.

    The Lawyer Normal reaffirmed his dedication to upholding the rule of legislation, defending the general public purse, and making certain justice in all issues of nationwide curiosity.

    Attorney General drops charges against UniBank founder Dr Duffuor & 7 others



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