By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Starr FmStarr FmStarr Fm
  • Home
  • Election Hub
  • General
    GeneralShow More
    13-year-old Jeffery Adjei Boakye undergoes successful kidney transplant in India after Ibrahim Mahama’s $40,000 support
    August 5, 2026
    Police
    Aboso explosion: Police probe suspected illegal explosives storage after three killed near Tarkwa
    August 5, 2026
    AAC secures 750 acres of irrigated land for commercial vegetable farming under MoFA partnership
    August 5, 2026
    Gideon Boako cites IMF report, questions GoldBod over $1.7bn gold programme losses
    August 5, 2026
    Atiwa East DCE appeals to Education Minister to complete stalled GETFund projects
    August 5, 2026
  • Business
    BusinessShow More
    Gideon Boako: IMF warns Ghana’s gold dependence leaves economy dangerously exposed
    August 5, 2026
    Genser Energy buys back Oppenheimer’s 40.4% stake as investor exits after five years
    August 5, 2026
    Gideon Boako cites IMF report, questions GoldBod over $1.7bn gold programme losses
    August 5, 2026
    IMF Report shows Ghana must move beyond economic stability to structural reforms – Gideon Boako
    August 5, 2026
    Global Mandate Economic Summit 2026 to bring diaspora investors, global leaders to Accra
    August 4, 2026
  • Politics
    PoliticsShow More
    IMF Report shows Ghana must move beyond economic stability to structural reforms – Gideon Boako
    August 5, 2026
    GH¢55m IMCCoD scandal: High Court freezes Miracles Aboagye’s 4 houses, 5 accounts
    August 3, 2026
    ‘It seems this government fancies burdening the Ghanaian taxpayer with more taxes’ – Gideon Boako
    August 1, 2026
    Gideon Boako accuses government of failing to use Energy Recovery Levy for intended purpose
    August 1, 2026
    Gideon Boako warns against one-party dominance in Parliament
    August 1, 2026
  • Entertainment
    EntertainmentShow More
    MOLIY releases highly anticipated mixtape “BADDIES <3 MOLIY”
    July 31, 2026
    History made as 77: The Festac Conspiracy premieres to sold-out crowd in Zambia
    July 20, 2026
    X Lor opens new chapter as debut EP Tornado arrives on streaming platforms
    July 10, 2026
    Samsung Ghana powers culture and creativity at 2026 UG All Dance Carnival
    July 1, 2026
    Ghana Music Awards USA, WatsUp TV partner to amplify Ghanaian music on the global stage
    June 25, 2026
  • Sports
    SportsShow More
    Black Queens suffer defeat as Cameroon book WAFCON quarter-final spot
    August 3, 2026
    Black Queens begin WAFCON campaign with convincing 2-0 win over Cape Verde
    July 30, 2026
    Black Stars
    Ghana at 2026 World Cup: Black Stars Show Promise but Miss Cutting Edge
    July 27, 2026
    Late Argentine comeback ends England’s dream, sets up World Cup final against Spain
    July 16, 2026
    Ghana gears up to host ITTF-Africa Hopes Week as Africa’s young stars converge in Accra
    July 13, 2026
  • Technology
    TechnologyShow More
    Yellow Card secures $40 Million in strategic funding to further global expansion
    August 4, 2026
    AngloGold Ashanti Iduapriem commissions $750,000 AI and Smart Systems Centre at UMaT
    July 29, 2026
    Sambus Geospatial MD calls on Ga Mantse ahead of ESRI Conference West Africa 2026
    July 28, 2026
    GIMPA Tech Fair held as Samsung brings ‘Awesome Experience’ to event
    July 1, 2026
    Siniat joins ITALKOL and PIXEL PAINTS portfolio as ITALKOL celebrates a decade of industry impact
    June 23, 2026
  • International
    InternationalShow More
    Korea commits US$38 million to strengthen Digital STEM education in Ghana
    July 8, 2026
    QNET joins EOCO, INTERPOL regional workshop to strengthen cross-border action against human trafficking and fraud
    July 8, 2026
    High Court dismisses Abu Trica’s emergency application to halt extradition to US
    July 6, 2026
    Ghanaian students abroad to convene global forum on national development
    July 5, 2026
    Alleged romance scam: Lawyers for Abu TRICA file emergency application to halt extradition to US
    July 3, 2026
  • Factometer
Search
© 2024 EIB Network Ltd. All Rights Reserved.
Reading: Supreme Court dismisses $2.25bn Eurobond suit against Ofori Atta
Share
Notification Show More
Font ResizerAa
Starr FmStarr Fm
Font ResizerAa
  • Headlines
  • Election Hub
  • General
  • Politics
  • Sports
  • Business
  • Entertainment
  • Factometer
Search
  • Headlines
  • Election Hub
  • General
  • Politics
  • Sports
  • Business
  • Entertainment
  • Factometer
Have an existing account? Sign In
Follow US
© 2024 EIB Network Ltd. All Rights Reserved.
HeadlinesPolitics

Supreme Court dismisses $2.25bn Eurobond suit against Ofori Atta

Starrfm.com.gh By Starrfm.com.gh Published May 5, 2020
Share
Ghana's Finance Minister Ken Ofori Atta
SHARE

A seven-member panel of the Supreme Court presided over by Chief Justice Anin Yeboah has unanimously dismissed the suit against the Finance Minister, Ken Ofori Atta, on the issuance of a GHC2.25 billion bond.

The court said the suit is dismissed as without merit.

The CJ said the reasons of the court would be filed by close of day at the registry of the court

The panel includes Justice Jones Dotse, Justice Sule Gbadegbe, Justice Baffoe-Bonnie, Justice Yaw Appau, Justice Gabriel Pwamang, Justice Samuel Marfo-Sau and Justice Prof Nii Ashie Kotey.

The Dynamic Youth Movement of Ghana (DYMOG) dragged the Finance Minister, CHRAJ and Attorney General to the Supreme Court over CHRAJ’s investigations into the $2.25 billion bond issuance in March 2017.

Reliefs

The movement is demanding interpretation of Articles 284, 286 and six other reliefs.

“A declaration that by going beyond investigations to make a
pronouncement (of guilt or otherwise) on the 1st Defendant in respect of the allegation of breach of conflict of interest, the 2nd Defendant has contravened Article 287 of the 1992 Constitution.

The movement is also seeking “A declaration that by interpreting Article 284 of the 1992 Constitution (as disclosed between paragraph 3 of page 127 and paragraph 3 of page 133 of the Report), the 2nd Defendant has contravened Article 130(1)(a) of the 1992 Constitution.

“… A consequential order that the content of the report as specified in reliefs (a) and (b) above be expunged from the Report.

DYMOG is also asking “A declaration that the failure of the 1st Defendant to declare his shareholding interests in Data Bank Financial Services Limited, Data Bank Brokerage Limited and Data Bank Financial Holdings Limited to the Auditor-General before taking office as Minister of Finance, as found by the 2nd Defendant on page 120 of the Report, contravenes Article 286(1)(a) of the 1992 Constitution.

He is seeking further “declaration that the occupation by the 1st Defendant of the office of a director in Ventures and Acquisition Limited, a private company, while in office as the Minister responsible for finance without the due permission of the Right Honourable Speaker of Parliament on the grounds stated by the law, contravenes Articles 78(3) of the 1992 Constitution.

Source: Ghana/Starrfm.com.gh/103.5FM/Mutalla Inusah

You Might Also Like

13-year-old Jeffery Adjei Boakye undergoes successful kidney transplant in India after Ibrahim Mahama’s $40,000 support

Aboso explosion: Police probe suspected illegal explosives storage after three killed near Tarkwa

AAC secures 750 acres of irrigated land for commercial vegetable farming under MoFA partnership

Atiwa East DCE appeals to Education Minister to complete stalled GETFund projects

IMF Report shows Ghana must move beyond economic stability to structural reforms – Gideon Boako

Share This Article
Facebook Twitter Email Print
Share
Previous Article SC dismisses application challenging Ghana/US Military Agreement
Next Article Covid-19: Okyenhene donates GHC100k, relief items to fight virus

Starr 103.5FM

Starr FmStarr Fm
Follow US
© 2024 EIB Network Ltd. All Rights Reserved.
newsletter icon
Join Us!

Subscribe to our newsletter and never miss our latest in news, podcasts etc..

[mc4wp_form]
Zero spam, Unsubscribe at any time.
adbanner
AdBlock Detected
Our site is an advertising supported site. Please whitelist to support our site.
Okay, I'll Whitelist
Welcome Back!

Sign in to your account

Lost your password?