BoG orders Kwahumanhene to resign as Board Chairman over alleged GH¢2 million fraud

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Pulse-gh Oct. 11, 2024 6:21 p.m.

BoG orders Kwahumanhene to resign as Board Chairman over alleged GH¢2 million fraud

BoG’s letter, dated 10th October, indicated that the allegations have caused irreparable damage to the bank's image.

This directive follows serious allegations of misconduct involving a transaction worth GH¢2 million, raising significant concerns about the leadership of ADB.

The BoG cited allegations of misconduct involving a GH¢2 million transaction, which have severely tarnished the image of the bank.

The letter stated that his"continued holding of office as a Director of the ADB has become untenable due to the irreparable damage these events have caused to the image of the bank..

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