DOSSIER: uniBank’s takeover of ADB

There is a purported control of the Agricultural Development Bank (adb) by Unibank

• Delay in convicting directors of failed banks hurting financial market – Joe Jackson (2020-10-14)
• You destroyed other banks to grow Databank Bank - Adongo bites Akufo-Addo again (2020-09-17)
• Mismanagement of depositors’ funds resulted in banking cleanup (2020-07-23)
• unibank lawyers lament over document legibility (2020-07-16)
• State adds more charges against Dr. Duffour and eight others (2020-06-19)
• Banking sector cleanup meant more than just a cleanup (2020-06-16)
• Africawatch Magazine cites Akufo-Addo in UniBank takeover (2020-06-15)
• Court throws out Receiver’s injunction application against uniBank arbitration process (2020-06-12)
• Defunct banks CEOs cases get May adjournment (2020-04-28)
• Unibank collapse: Charges against Duffuor ‘grossly misconceived’ – Ayine (2020-02-12)
• Unibank case: Duffour shouldn’t be on charge sheet; charges unfair – Lawyer (2020-02-06)
• Dr Duffour’s police invitation smacks of political interference - Yaw Gyan (2020-01-20)
• Regulators and individuals fingered in banking crisis to face justice - Akufo-Addo (2020-01-14)
• High Court grants receiver permission to take over Unibank property (2019-10-28)
• Charge of theft against Ato Essien, others inappropriate; drop it – Ayine to State (2019-10-16)
• Prove that I threatened uniBank’s Receiver – Eurostar boss to government (2019-08-27)
• Court dismisses Receiver’s case against uniBank, orders parties back to arbitration (2019-07-11)
• Court dismisses Receiver’s case against uniBank, orders parties back to arbitration (2019-07-11)
• Court blocks government’s move to retrieve funds from Unibank (2019-07-09)
• Court strikes out Receiver’s suit against unibank (2019-07-04)
• uniBank’s shareholders file for injunction against auction of assets (2019-06-04)
• Court orders arbitration on uniBank (2019-05-24)
• Court joins A-G to uniBank counter-claim (2019-03-25)
• Duffuor demands uniBank licence withdrawal files (2019-02-23)
• Two in big trouble over uniBank cash (2019-01-23)
• Ex-UT, Capital Bank staff to be paid 'purely on humanitarian grounds' (2019-01-08)
• I doubt ADB would delist from Ghana Stock Exchange – GSE boss (2018-12-14)
• Mahama can't win debate on banking crisis – Kweku Baako (2018-11-22)
• Christian Council commends Nduom for championing the cause of local banks (2018-10-07)
• GN Bank assures customers of safe deposits (2018-10-04)
• Directors of Dancom Microfinance arrested (2018-10-03)
• Bank Crisis: Government saved deposits of 1m Ghanaians – Akufo-Addo (2018-10-03)
• Court adjourns BoG, uniBank case to Oct 17 (2018-09-28)
• Bank Crisis: We will overcome challenges – Nduom (2018-09-27)
• Bank crisis: We’ve saved 1000s of jobs - BoG (2018-09-26)
• Seth Terkper on using ESLA to minimise banking crisis (2018-09-26)
• Research could have curbed banking sector crisis – Superbrands Ghana (2018-09-24)
• Pressure mounts on EOCO to prosecute failed bank managers (2018-09-18)
• Bank crisis: Put politics aside – Nduom tells government (2018-09-17)
• Bank crisis: Government has saved jobs – Oppong-Nkrumah (2018-09-17)
• Panic withdrawals may sink the economy - Nduom (2018-09-17)
• Banks now using ‘psychological terrorism’ to lay off staff - Psychologist (2018-09-10)
• Two charged for stealing GH¢200,000 from Consolidated Bank (2018-09-05)
• Non-performing loans hit GH¢8.7bn (2018-09-04)
• It’s agonising for even one GN staff to lose job – Nduom (2018-09-03)
• Over 2,000 security men of 5 collapsed banks sacked (2018-09-03)
• Singapore has 205 banks with 4.7m population; why can’t Ghana have 34? – Nduom quizzes (2018-08-31)
• Exit plan for Consolidated Bank staff (2018-08-31)
• Chase heads of collapsed banks, not Sakawa Boys – Afenyo-Markin to EOCO (2018-08-28)
• Consolidated Bank to lay off 1700 staff by September (2018-08-28)
• New development bank in the offing – Ofori-Atta (2018-08-28)
• Consolidated Bank to shut down more than 50 branches; massive staff lay-off looms (2018-08-28)
• Consolidated Bank offloads 1,700 workers (2018-08-28)
• Rate and publish performance of banks - Joe Jackson to BoG (2018-08-24)
• 'Super' UT brand 'totally defamed'; BoG action 'killing' other UT units – Amoabeng (2018-08-17)
• Collapsed banks’ bailout cash will be recovered - Ofori-Atta (2018-08-15)
• Sahel Sahara merges with Omni Bank and abandons GN, Premium deal (2018-08-14)
• The banks did not fail - Ken Thompson (2018-08-13)
• ICAG to investigate collapsed banks auditors (2018-08-12)
• If Menzgold goes down it means Akufo-Addo hates the youth – Shatta Wale (2018-08-12)
• Stop forcing local banks to expand - Prof Adei to Bank of Ghana (2018-08-12)
• BoG Governor must resign - Adongo (2018-08-11)
• BoG Governor must resign - Adongo (2018-08-11)
• Bank of Ghana must apply the law to restore lost confidence - Lawyer Adagewine (2018-08-10)
• We’re coming after you – BoG to Menzgold (2018-08-07)
• We'll turn banking 'challenges into opportunities' – BoG (2018-08-07)
• Bank Bust: Nail those criminally culpable – Yofi Grant (2018-08-07)
• 'I beg, make I think' - Menzgold CEO calls BoG's bluff; says sanction warning is a 'joke' (2018-08-07)
• Menzgold Boss mocks Bank of Ghana; calls new caution a joke (2018-08-07)
• NPP deliberately collapsed Unibank – Solomon Nkansah (2018-08-04)
• Belstar, Starmount sue BoG, Central Securities over ADB shares (2018-08-04)
• Ghana Connect: Two ex-staff of failed bank die as over 800 languish in poverty (2018-08-04)
• Failure of 7 banks to cost taxpayers GHC8bn (2018-08-03)
• BoG sued for annulling adb shares of two companies in failed takeover by unibank (2018-08-03)
• We will protect your deposits – BoG (2018-08-02)
• Ofori-Atta killing Databank's competitors – Adongo (2018-08-02)
• Fall of 5 banks not surprising; BoG not done yet – Iddrisu Mahama (2018-08-02)
• Prosecute persons who ‘collapsed’ uniBank, others – TUC to government (2018-08-02)
• Consolidated Bank takes off on clean slate; gov't issues GHC5.7bn bond to clear old debt (2018-08-02)
• First female Chancellor for University of Ghana to be sworn-in Wednesday (2018-08-01)
• We’ll recapitalise uniBank - Shareholders (2018-07-23)
• Stop hostility against uniBank – MP chides BoG (2018-07-21)
• Private investors express interest to takeover uniBank - KPMG (2018-06-18)
• Gov't calls the bluff of freight forwarders on UNIPASS (2018-05-29)
• Top management staff still at post at Unibank (2018-05-03)
• uniBank Staff still at post – KPMG (2018-05-03)
• GHC 400m capital requirement: Local Banks CEOs seek Akufo-Addo's intervention (2018-04-10)
• Nana Addo meets local banks over extension of recapitalisation date (2018-04-10)
• We’re not aware of merger with adb— NIB Board Chairman (2018-03-20)
• ‘Hypocritical’ GSE and SEC must ‘free’ themselves from Ken Ofori-Atta – Adongo (2018-03-12)
• adb, uniBank saga: Shareholders chose profits over dev’t – Toma Imirhe (2018-03-10)
• We are not taking over adb - uniBank clarifies (2018-03-08)
• Ghana Stock Exchange lifts suspension on adb (2018-03-08)
• adb, uniBank saga: SIC-FSL did not pledge shares (2018-03-08)
• Agric focus of adb intact despite takeover; uniBank assures (2018-03-07)
• Unibank’s control over ADB strategic – Unibank Executive Director (2018-03-07)
• uniBank acquires ADB in 600 million cedis deal (2018-03-07)
• uniBank’s takeover of ADB null and void – Bank of Ghana (2018-03-07)
• Ghana Stock Exchange suspends trading in ADB shares (2018-03-07)
• Ghana Stock Exchange suspends adb over purported ‘takeover’ by Unibank (2018-03-07)
• BoG dismisses uniBank takeover of adb (2018-03-07)
• GHC400m capital, others triggered Unibank’s interest in ADB - Mahama Iddrisu (2018-03-07)
• Purported adb takeover by Unibank not approved – BOG (2018-03-07)
• Minority petitions BoG, wants details on UT, Capital Banks’ takeover (2018-03-07)
• Bank of Ghana, UniBank lock horns over ADB takeover (2018-03-07)
• ADB dismisses uniBank takeover report (2018-03-07)
• No change in ownership - adb debunks uniBank takeover claims (2018-03-07)
• UniBank takes over ADB (2018-03-07)