Featured Ghana

Ghana Charges CEOs Over Banking Crisis That Cost $2.2 Billion

Ghanaian prosecutors charged the chief executive officers of two defunct lenders for alleged crimes that contributed to a banking crisis that cost the West African nation 12.5-billion cedis ($2.2 billion) in bailouts. Michael Nyinaku, the former CEO of Beige Bank Ltd., appeared in the Accra Circuit Court on Tuesday on… Read More

Ivory Coast issues arrest warrant for presidential candidate Soro

Ivory Coast has issued an arrest warrant for Guillaume Soro, a former rebel leader and candidate in next year’s presidential election, the public prosecutor said on Monday, forcing Soro to call off a planned homecoming after months overseas. The move against Soro, who retains the loyalty of many former rebel… Read More

Ex-Goldman Sachs banker told to pay back 7.3 million or face jail

A former Goldman Sachs banker who helped a corrupt Nigerian politician hide a fortune in offshore accounts has been ordered to pay back £7.3m or face 10 years more in jail. Ellias Preko, 60, used his ‘gold-plated credentials’ to launder at least £3m plundered by James Ibori, the former governor… Read More
16th November 2018
Kweku Adoboli, a former UBS trader jailed for Britain’s biggest fraud over unauthorised trades that cost the Swiss bank $2.3 billion (1.7 billion pounds), has been deported to Ghana, his spokesman said. Adoboli was put on a commercial flight from Heathrow on Wednesday after being detained in Scotland earlier in… Read More
4th September 2018
British authorities are preparing to deport a former UBS (UBSG.S) trader jailed for the country’s biggest fraud which cost the Swiss bank $2.25 billion (£1.75 billion), his spokesman said on Monday. Ghanaian citizen Kweku Adoboli was released from prison on probation in 2015 after serving half of a seven-year sentence,… Read More
17th August 2018
World soccer’s ruling body FIFA says the Ghanaian government has pledged to stop the process to wind up the country’s football association (GFA) over corruption allegations. FIFA, which earlier this week threatened to suspend Ghana from international football, said the two sides had on Thursday agreed to work together “to… Read More
13th June 2018
The undercover Ghanaian journalist who filmed football officials appearing to take bribes said on Monday that African football will continue to be held back on the world stage unless corruption is tackled more vigorously. Anas Aremeyaw Anas released a documentary last week showing African football officials, including 77 referees and… Read More
12th January 2018
Ghana’s President Nana Akufo-Addo on Thursday named a former attorney-general as anti-graft prosecutor to probe specific cases of corruption including those committed by politicians. There is widespread belief among civil society groups in Ghana that corruption is on the rise, especially among public office holders. The appointment of Martin Amidu,… Read More
30th October 2017
By Suleiman Mustapha, Graphic Online Mobile Money operator, MTN, has sanctioned 3,000 mobile money agents allegedly caught in mobile money fraud in the last three months. The move is part of efforts by the country’s biggest telecom company to sanitise and restore integrity to its mobile money platform. In an… Read More
23rd October 2017
Business activities came to a halt as scores of residents in the Kumasi Metropolis lined up on the streets to wave at the Asantehene Otumfuo Osei Tutu II, when he touched down at the Kumasi Airport on Thursday. The Asantehene was taken through some principal streets of the metropolis before… Read More
13th December 2016
Ghana's President-elect Nana Akufo-Addo says he will set up a special team to investigate corruption but said it would not be a "witch-hunt". Read More
12th October 2016
A local government has encouraged Ghanaians to report cases of corruption and stealing of public funds to the appropriate quarters without fear or favour. Mr Fred Oduro, lecturer and resource person from the Institute of Local Government Studies (ILGS), Madina in Accra, made the call on Tuesday when he lectured… Read More
3rd August 2016
An Institute of Economic Affairs (IEA) survey on the root causes of corruption in Ghana has revealed that the high clamor for quick riches, greed and selfishness as well as low salaries, are among the top three root causes of corruption in Ghana. According to the survey, majority of Ghanaians… Read More