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24.03.2009 Business & Finance

Fraud At Bank Of Ghana

By peacefmonline
Fraud At Bank Of Ghana

The Amalgated Bank under the leadership of Mr. Oluwale Ajumale, a Nigerian, has been charged with fraud for allegedly using fake currencies and effecting a transfer of about $25,000 contrary to laws of the bank of Ghana. Peace FM's sources revealed a statement signed by the Governor of the Bank of Ghana, Dr. Paul Acquah which directs the Bank to sack the managing director of the Amalgamated bank, Mr. Ajumale.

In reaction to this information, the Nigerian High Commissioner, Senator Musiluo Obamikuro, expressed his disappointment with the Ghanaian media and criticized them for always reporting issues that paint Nigerians black. He described the statement signed by the governor of the Bank of Ghana as illegal.

Meanwhile, in a separate interview with Peace FM, the Corperate Affairs Director of Amalgamated bank, Mr. Charles Amporful admitted the Bank was found guilty of the possession of fake dollars, but that did not mean Mr. Ajumale produced the fake currency. He said Mr. Ajumale is only guilty because he is the managing director of the Bank in charge of the day to day activities of the bank.

Commenting on the alleged illegal transfer of $25,000 without initial documentation, Mr. Ampoful told peacefmonline that investigation is on-going on that particular accusation. He also confirmed that Mr. Ajumale is currently absent and the deputy managing director was acting on his behalf, but as to whether he (Mr. Ajumale) has been sacked or not, he failed to disclose it to peacefmonline.

By John Nyaaba

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