The Presidential (Transition) Act, 2012 (Act 845) provides in section 14(1) as follows: ‘On the assumption of office of the person elected as President a person holding any of the offices specified in the Schedule shall cease to hold that office, and shall be paid the relevant retirement benefits and the enjoyment of facilities as … Read more
Four members of the immediate past board of the Korle Bu Teaching Hospital (KBTH) have condemned the payment of an amount of about GH¢150,000 to the management of the hospital as end-of-year bonuses without recourse to the board. According to them, they never approved of any amount of such nature to be paid to any … Read more
Four board members of the Korle-Bu Teaching Hospital have questioned the basis on which the Hospital management members paid themselves a total amount of GHC153,000 as bonuses without recourse to the board. Investigations by 3FM’s Sarah Parku unraveled the payment of over GHC100,000 to the nine management members including the chief executive officer, Dr Gilbert … Read more
Four board members of the Korle-Bu Teaching Hospital have questioned the basis on which the Hospital management members paid themselves a total amount of GHC153,000 as bonuses without recourse to the board. Investigations by 3FM’s Sarah Parku unraveled the payment of over GHC100,000 to the nine management members including the chief executive officer, Dr Gilbert … Read more
A legal practitioner has prayed an Accra Fast Track High Court (Tax and Financial) Division to compel Dr Kpessa White, a former National Service Scheme (NSS) boss to appear before it to testify. Mr Dennis Adjei Dwomoh, the counsel for Alhaji Alhassan Mohammed Imoro, a former NSS Executive Director, noted that the various adjournments had … Read more
A man, Theophilus Donkor, has headed for the Supreme Court seeking a perpetual injunction against the removal of persons from public boards in the event of a change in government. In an application filed to that order, Donkor wants the court to stop presidents from what has become a tradition of ousting heads of public institutions and … Read more
Odotobri Rural Bank Limited at Jacobu in the Amansie Central District of Ashanti Region has inaugurated its Bantama branch in Kumasi. This comes to eleven the number of branches currently being operated by the Bank. The branches are, Jacobu, Obuasi, Bekwai, Asawasi, Krofuom and Maakro. The rest are, Roman Hill, Agric Nzema, Old Tafo, Ayigya … Read more
The Bank of Ghana (BoG) is expected to introduce some strict reforms to check the operation of commercial banks and financial institutions in the country. These reforms will be part of a corporate governance exposure guidelines to help enhance and protect investments in the financial sector. The Second Deputy Governor of the Central Bank, Dr. … Read more
The Bank of Ghana(BoG) has disclosed that it will soon publish a reviewed draft document designed in partnership with the International Finance Corporation (IFC), aimed at enhancing good corporate governance in the banking industry. The draft document which was originally designed in 2014 is also aimed at strengthening the oversight responsibilities of the central bank … Read more