Lawyers of Stanbic Bank have reacted to our story bordering on the investment of GH¢74.5 million by the Savannah Accelerated Development Authority in the bank.
They say some aspects of the story are incorrect.
In a letter signed by the head of the legal department of the bank, Doreen K. Iliasu, the bank is demanding an apology and retraction of the story.
Read the letter from the legal department of Stanbic Bank here. http://myjoyonline.com/docs/41700scan0001.pdf
Click here and read the full story which is one /news/2014/April-7th/sada-invests-gh745m-in-board-chairmans-bank-but.php of a series of investigative stories by JoyNews on the operations of SADA.
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