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Out on GH¢10m Bail! Ato Essien freed with 2 sureties pending court of appeal decision

Local News

2 days ago
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William Ato Essien, the founder of the defunct Capital Bank, is out of jail on bail granted by the Court of Appeal.     

Essien was jailed for 15 years in 2023 by the Accra High Court for stealing over GH¢90nillionanel of the second-highest court of the land granted bail to Essien in the sum of GH¢10million with two sureties.

The court ordered Essien to deposit his passport at the court’s registry and also report once a month to the Registrar of the Court.

Essien was jailed for 15 years in 2023 by the Accra High Court for stealing over GH¢90nillion belonging to the bank.

source: Theannouncergh.com