Don’t jail me if I’m unable to pay GHS20m in April – Ato Essien appeals to the court

Founder of defunct Capital Bank, William Ato Essien has appealed to the court not to jail him if he defaults in paying GH₵20million to the state by 28th April 2023.
Rather, he wants the court to give him the opportunity to explain why he was unable to pay.
Mr. Essien’s plea is contained in a document filed by his lawyers challenging the 13th December 2022 decision of the High Court.
The high court presided over by Justice Eric Kyei Baffuor found Mr Essien guilty of stealing after he pleaded guilty.
He accepted terms of agreement Mr Essien had entered into with the state represented by the Attorney General.
Mr Essien is required to pay an amount of GH₵90 million as restitution and reparation to the state within one year.
He has paid an initial amount of ₵30 million and need to refund the remaining 60 million in three instalments.
He is to pay some GH₵20million to the state latest by April 28, 2023 as his first installment failure of which he will be jailed.
Source: Classfmonline.com
Trending News
Multi-million dollar Aayalolo BRT faces criticism over overloading and deteriorating service quality
15:20Asset declaration: Mahama sanctions defaulting appointees; seizes 3 months’ salary to support Ghana Medical Trust Fund
02:51Paul Afotey Quaye receives unanimous endorsement as Krowor MCE amidst some mixed reactions
15:44A new dawn: Joyce Bawah Mogtari hails President Mahama’s bold start
17:10Mahama issues stern ultimatum to appointees over asset declaration
02:45CDS William Agyapong promoted to Lieutenant General
17:26From ‘trotro’ to brand new car: Seidu Agongo’s generosity transforms Black Stars goalkeeper's journey
16:43Attorney-General vows to enforce Code of Conduct, pursue sanctions against corrupt officials
02:40Former NSB chief remanded by High Court over witness interference allegation
16:43Radio host issues clarification over GIHOC CEO allegations aired on Accra 100.5 FM
13:29