An Accra High Court has ruled that Receiver of Unibank, Nii Amanor Dodoo breached portions of the Banks and Specialized Deposit taking Institutions Act, 2016 (Act 930) when he accepted the role.
The Court presided over by Justice Afi Agbanu Kudomor explained that he should not have accepted the appointment because it had been less than two years after Unibank’s official liquidation.
This is the ruling in a case filed by Mr. Dodoo against founder of the defunct bank, Dr. Kwabena Duffour and 9 others.
Lawyers for Dr. Duffour had urged the court to dismiss the case since the receiver had breached statutory provisions in accepting the appointment and could therefore not issue any such writ.