General News of Friday, 24 May 2019Source: dailyguidenetwork.comUniBank case referred to arbitrationThe court however says the unibank case is not frivolousAn Accra High Court has referred part of the case between the shareholders and the Receiver of uniBank for arbitration. However the court said unibank case is not frivolous. The Receiver, in his application, prayed the court to strike out the amended statement of defence and counterclaim of three of the shareholders. The shareholders then filed statement of defence and a counterclaim denying the allegations levelled against them and sought some remedies from the court. She, however, stayed all the pleadings of the defendants in their statement of defence for the parties to go for arbitration.
Source: GhanaWeb May 24, 2019 12:00 UTC