AWUNI SHOT DOWN OVER MERCHANT BANK SALE BUT FILES APPEAL
The Executive Director of the Centre for Freedom and Accuracy, Mr Andrews Awuni, yesterday lost his bid to stop the sale of Merchant Bank Ghana Limited to Fortiz Private Equity Fund when the Commercial Division of the High Court dismissed his application for lack of capacity.
GETFund RECEIVES ALLOCATION FOR TWO MONTHS IN 2013
The Ghana Education Trust Fund (GETFund) will not send any student outside the country to study unless the fund is adequately resourced to cater for the needs of students it sends outsided.
‘RESOURCE A-G’s DEPARTMENT TO FIGHT CORRUPTION’
The Council of State has urged President John Dramani Mahama to resource and motivate the staff of the Attorney General’s (A-G’s) Department through incentives and improved conditions of service to attract and retain more experienced legal personnel in the department.
The Ghanaian Times
GOV’T TO BORROW $1BILLION
Government is to enter the European bond market again to raise $1billion to accelerate infrastructural development in the country.
FARMER SENTENCED TO HANGING
A 45-year-old man who shot and killed a Fulani herdsman at Mankala village, at Agogo, in the Asante Akyem North District of the Ashanti Region in 2009 was yesterday sentenced to death by hanging by a Kumasi High Court.
PHONE THIEF JAILED 20 YRS
The Accra Circuit Court on Tuesday sentenced Abdulai Amidu Zako, a Nigerian, to 20 years imprisonment in hard labour, for phone snatching.
KEVINS PHYSIO TO ASSIST STARS
The Ghana Football Association is reported to be considering bring on board Kevin Prince Boateng’s personal physiotherapist, Hagen Strob as a member of Coach Kwesi Appiah’s backroom staff.
MERCHANT BANK SAGA: AWUNI KICKED OUT; FORTIZ NAMES MD
An Accra Commercial Court yesterday ruled that Andrew Auwuni, the Executive Director of Centre for Freedom and Advocacy, has no capacity to institute a legal action over the sale of Merchant Bank to Fortiz, a private equity fund.
SOLDIER RAPES GIRL
A Military Officer at the 66th Artillery Regiment in Ho, Volta Region, was on Wednesday remanded into Police custody for allegedly raping and attempting to kill a bar attendant on November 29, 2013 at about 12 midnight.
MINISTER OKAYS GAY RIGHTS
The Deputy Miister of Tourism, Culture and Creative Arts, Dzifa Gomashie has openly endorsed the idea of homosexuals having rights in Ghana.
TOUGH YEAR FOR BUSINESSES ALL OVER
Operators of businesses in Ghana say 2013 has been a tough year for them, despite all efforts made to lessen the effect of what they call “the harsh economic and investment atmosphere.”
GSE OUTPERFORMS THE WORLD IN 2013
The country’s main stock market, the Ghana Stock Exchange (GSE) has outperformed most other stock markets around the world in 2013. Even though the year has not quite ended, it is already clear that only a couple of bourses in other countries have been able to stand up to the GSE’s performance this year.
NDC CHAIR RACE: KWABENA ADJEI DECENDS ON PORTUPHY – SHOW US YOUR ACHIEVEMENT
Spokespersons for Dr Kwabena Adjei, the national Chairman of the ruling National Democratic Congress (NDC) who call themselves ‘Kwabena Adjei For Countinuity (KAFCO)’ have descended on the National Coordinator of the National Disaster Management Organisation (NADMO), Kofi Portuphy and dared him to come out clean on his achievements and contributions to the NDC that should merit him to post of national Chairman.
SALE OF MERCHANT BANK: AWUNI THROWN OUT, BUT PLAINTIFF’S LAWYER CONSIDERS APPEAL
The Commercial Court of Accra presided over by Her Ladyship, Sophia Bernasko Essay, has thrown out a suit by the executive director of Centre for Freedom and Accuracy, Andrew Awuni on the grounds that he has no locus to pray a court of competent jurisdiction to stop the transaction of Social Security and National Insurance Trust (SSNIT) shares of Merchant Bank to Fortiz.
POLICE TRAIL GRAPHIC STAFF
Unionised staff of Graphic Communications Group Limited are living in fear after Police conducted a swoop on the leadership of the group recently.
CONTRACTORS PAY BRIBE BEFORE HAVING TENDER DOCUMENTS ACCEPTED
Some members of the Association of Road Contractors of Ghana (ASROC) have tasked government to, as a matter of urgency, take the necessary steps to stop the continuous ill-treatment meted out to them by some officials of Ghana Integrated Financial Management Information System (GIFMIS).
SALE OF MERCHANT BANK TO FORTIZ: AWUNI TO APPEAL RULING
Lead Counsel for Mr Andrew Awuni, Egbert Faibille has state that his client would appeal the ruling by the Commercial court that said he has no locus to challenge the sale of Merchant Bank.
The New Statesman
IGNORE ‘THE VOICES OF DOOM’ – DAN BOTWE URGES NPP
Former General Secretary of the New Patriotic Party (NPP), Dan Kwaku Botwe, has rubbished claims by some people, both within and outside the NPP, that the pockets of problems associated with the party’s internal contest to select executives is an indication that the largest opposition party is on its way to doom ahead of the 2016 general elections.
VOLTA COPS ANGRY WITH MAHAMA OVER IGP SNUB
Credible information available to the New Statesman indicates that there is uneasy calm among Police Officers who hail from the Volta Region because of the two-year extension granted Mohammed Ahmed Alhassan to serve as Inspector General of Police, after he had attained the mandatory retirement age of 60.
The General Telegraph
VALCO UP FOR SALE, BUT BRITISH PARTNERS STORM GHANA TO BLOCK SALE
Ghana’s sole multi-purpose aluminium smelting company the Volta Aluminium Company (VALCO) is almost certainly the next state facility on the auctioneer’s list going for a song, after litany of others including Ghana Telecom and Merchant Bank changed ownership, despite a flurry of pretestation from concerned citizens.
GAYS HIJACK FUNERAL
Over 100 gays took over a funeral at Amanorkrom Akuapem in the Eastern Region over the weekend when one Julius Ohene, aka Kwaku Amono, who was strongly suspected to be gay, was buried.