Duffuor sues BoG over “arbitrary and capricious” revocation of license of uniBank

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Shareholders of uniBank led by Dr. Kwabena Duffuor have sued the Bank of Ghana over its “arbitrary and capricious” decision to revoke the license of the indigenous bank.

The shareholders are praying the court to place an injunction on the BoG’s decision to revoke its licence and restore it into private hands.

uniBank one of five local banks which were merged into the Consolidated Bank of Ghana a few weeks ago over alleged regulatory breaches.

More soon

Source: Starrfmonline.com

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