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High court halts hearing of revocation of uniBank license
The decision of the court which is a general jurisdiction division of the high court followed the challenging of its capacity to hear the case by the BOG.
Major shareholder of the defunct uniBank Ghana Limited, Dr. Kwabena Duffuor
The Bank of Ghana (BoG) on August 1, 2018, collapsed uniBank along with four other banks on grounds of insolvency.
The BOG’s in a letter to the Cheif Justice dated 26th September 2018 and its Lawyer Frank Davies raised concerns about the capacity of the General jurisdiction division of the high to hear the case which they claim must be heard by the commercial division.
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In response to their letter, lawyer for Dr. Duffuor, Tsatsu Tsikata raised objections to the request of the BOG. According to him, any challenge of the jurisdiction of the court must be done through the legal process rather than the administrative one chosen by the Central Bank.
READ ALSO: 1D1F projects not state enterprises – Alan
The presiding judge Justice Daniel Mensah adjourned the case to the 17th of October for the Cheif justice to make a determination on the request.
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