Court of appeal orders restoration of GN bank licence
Published . Category: Finance.
The Court of Appeal has directed the Bank of Ghana to restore the licence of GN Bank, overturning an earlier High Court ruling that had upheld the revocation o…
The Court of Appeal has directed the Bank of Ghana to restore the licence of GN Bank, overturning an earlier High Court ruling that had upheld the revocation of the financial institution’s operating licence. The appellate court also ordered that all assets of the bank be returned to its original owners and instructed the Receiver to hand over management to the former leadership of the company. The ruling represents a significant turn in the long-running legal dispute between GN Bank and the Ban…