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Corporate governance breaches led to failure of some banks – BoG governor


Governor of the Bank of Ghana, Dr. Ernest Addison
Governor of the Bank of Ghana, Dr. Ernest Addison, has stated that corporate governance plays an important role in the financial sector.
He identified corporate governance breaches, overbearing shareholder behaviour and related party transactional breaches as some of the factors that led to the failure of some banks in the financial sector and their consequent resolution.
He reiterated the need for the Ghanaian society to uphold good corporate governance practices and pledged the Bank’s support for the work of the Institute especially as events in the banking sector has a rippling effect on the Ghanaian economic sector. ....

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Family Of Dr Amoako Tuffour Calls On NPP Leadership


 
The family of the late Dr Kwame Amoako-Tuffour, a founder member of the New Patriotic Party (NPP), has called on the leadership of the party in Accra yesterday to formally inform them of his demise.
The 25-member delegation was led by a member of the party s Council of Elders and a close friend of the late party stalwart, Dr Kwame Addo-Kufuor.
Speaking on behalf of the family at the brief meeting at the party s headquarters, a member of the family and a representative of the Ashanti Regional NPP, Mr Edward Kwasi Akuoko, confirmed that Dr Tuffour passed on at the 37 Military Hospital after battling an illness. ....

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