Groupe Nduom, the umbrella company for 60 other businesses owned by Dr Nduom, according to a writ, is being accused of laundering a total of $63,000,000, reports myjoyonline.com. The writ also mentions Dr. Nduom, his wife Yvonne Nduom, their children Nana Kweku Nduom, Edjah Nduom and Nana Aba Nduom, in their official capacities in the business in the suit. There is also the unauthorised diversion of corporate funds or assets to non-corporate uses,” it stated. “Groupe Nduom-GH (GN-GH) is wholly owned, dominated and controlled by Nduom and his family for the sole personal benefit of Nduom. Having failed to meet its regulator’s qualifying criteria, defendant GN-GH was initially downgraded and reclassified from a commercial banking house to a Savings and Loans Company."
