The Managing Director of GCB Bank Limited Ernest Mawuli Agbesi has resigned mynewsgh.com has gathered. Sources close to the bank indicate that his resignation takes immediate effect after a meeting with government representatives and authorities of the bank earlier this week. It is not clear what has triggered his sudden resignation when he has up … Read more
A court in the Chinese city of Nanjing has jailed two men for swindling customers of their savings through a fake bank, state media report. The men, surnamed Zeng and He, were found guilty of pocketing 435m yuan (£51m; $63m) from some 400 customers. The sentences were upheld at a second trial, said the People’s … Read more
A French court has found International Monetary Fund chief Christine Lagarde guilty of negligence but did not hand down any punishment. As French finance minister in 2008, she approved an award of €404m ($429m; £340m) to businessman Bernard Tapie for the disputed sale of a firm. Ms Lagarde, who always denied wrongdoing, was not present … Read more
play videoMs Lagarde said earlier that the trial had put her and her family through a As French finance minister in 2008, she approved an award of €404m ($429m; £340m) to businessman Bernard Tapie for the disputed sale of a firm. Ms Lagarde was not present in the court in Paris for the verdict, having … Read more
A French court has found International Monetary Fund chief Christine Lagarde guilty of negligence but did not hand down any punishment. As French finance minister in 2008, she approved an award of €404m ($429m; £340m) to businessman Bernard Tapie for the disputed sale of a firm. Lagarde, who always denied wrongdoing, was not present in … Read more