General News of Thursday, 23 January 2020Source: Graphic.com.ghProsecution to make disclosures in Amoabeng, Nyinaku trialKofi Amoabeng was CEO of defunct UT BankThe Prosecution handling the case of Prince Kofi Amoabeng and Michael Nyinaku has asked the Accra Circuit Court to give it two weeks to file the necessary documents it will rely on for the trial. Amoabeng, the founder of the defunct UT Bank, is standing trial for allegedly stealing about GH¢100 million, while Nyinaku, the founder of the defunct BEIGE Bank, is accused of stealing more than GH¢340 million belonging to customers of their respective banks. The prosecutor, Assistant Superintendent of Police (ASP) Emmanuel Nyamekye, informed the court yesterday that the prosecution was working towards acquiring all the necessary disclosures as required by law. Following a decision by the Supreme Court in July 2018 and a subsequent practice direction by the Chief Justice, disclosures are a must in all criminal trials. Amoabeng is on bail in the sum of GH¢110 million, with two sureties, while Nyinaku is on bail in the sum of GH¢340 million with two sureties.

Source: GhanaWeb January 23, 2020 07:18 UTC