It has emerged that Capital Bank collapsed because the bank’s major shareholder and promoter, William Ato Essien, flouted all banking and risk management rules by treating depositors’ funds and public funds as his personal cash. According to a report by Bank of Ghana (BoG) investigative team, Ato Essien, who allegedly floated two universal banks but all have gone under due […]

The Economic and Organised Crime Office (EOCO) has seized three land cruisers belonging to the National Democratic Congress (NDC) Member of Parliament for Bawku Central Mahama Ayariga, Starrfmonline.com can confirm. The three vehicles were impounded on suspicion that the lawmaker may have abused his office to import them into the country, raising an element of corruption among others. The Special […]

The Chief Executive Officer of the Tamale Teaching Hospital, Dr. David Zaawumya Akolbila has been taking back to his office by combine Police and Military after he was chase out of his office yesterday by the Kandahar Boys. The Kandahar Boys, a vigilante group affiliated with the NPP yesterday at 11am besieged the CEO’s office, violently ‘booted’ him out and […]

A Financial Analyst, Yaw Amekor says the statement put out by former Board Chairman of defunct Capital Bank, Pastor Mensa Otabil was carefully and professionally worded to avoid further committing the man of God. The embattled man of God in the said statement distanced himself from the misappropriation of GH?610million liquidity support given to the defunct Bank by the Bank […]

Controversial member of the New Patriotic Party (NPP, Kwame A Plus has delivered a scathing assessment of the Minister of Health, Kwaku Agyemang-Manu. Speaking in an interview with the host of the Gold Power Drive, Samuel Eshun, A Plus described the Health Minister as “a liar.” “I think he (Kwaku Agyemang-Manu) is a liar. He was seen on Joy News […]

The Chief Executive of gold dealing firm, Menzgold has eaten humble pie after calling the bluff of the Bank of Ghana. Nana Appiah Mensah posted on his Twitter account Tuesday that he sincerely apologises for his reaction to the Central Bank’s warning. “Owing to the fallible nature of man, I sincerely apologise for my initial reaction to the Bank of […]

Ace Ghanaian undercover investigative reporter, Anas Aremeyaw Anas nearly died with his colleagues during his latest undercover piece “Malawi’s Human Harvest”. The investigative story for the BBC sought to unravel the issues surrounding the mysterious deaths of many in Malawi for ritual purposes triggered a mob in a Malawian village to resort to killing the investigative reporter and his crew. […]

The Public Interest and Accountability Committee (PIAC) says it is yet to receive any form of correspondence from the Ministry of Finance (MoF) explaining the whereabouts of the over-GH¢400million unutilised oil revenues allocated to the Annual Budget Funding Amount (ABFA) in 2017, as spelt out in the Petroleum Revenue Management Act (PRMA). According to Dr. Steve Manteaw, Chairman of the […]

President Akufo-Addo virtually stripped John Dramani Mahama naked by disclosing to the Asantehene, Otumfuo Osei Tutu II that he cannot see the infrastructural projects the former president touted ahead of the 2016 polls. Addressing Otumfuo and his chiefs at the Manhyia Palace, the President stated that Mr. Mahama openly boasted about the significant gains that his administration made in infrastructure […]

As part of the $2 billion barter trade bauxite venture signed with Chinese Sinohydro Group, 10,000 housing units are expected to be constructed for security personnel across the country. This is to address the housing deficit security personnel face in the country. Vice President Dr. Mahamudu Bawumia said this at a sod-cutting ceremony for the construction of 320 housing units […]