Mike Nyinaku remanded in prison custody over Ghc1.3 billion Beige Bank ‘hole’

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Mike Nyinaku, the Chief Executive Officer (CEO) of defunct Beige Bank is to spend a number of days in prison custody over a Ghc1.3billion question hanging on the operation of Beige Bank.

He was sued in June 2019 by the receiver for Beige Bank, Nii
Amanor Dodoo. Mr. Nyinaku is facing trial over his alleged role in the collapse
of his bank.

He was remanded for one week when he made an appearance in court today following the dismissal of a bail application by his lawyers who tried as much as they can to convince the court that he will cooperate with the ongoing trial.

Although the application was not opposed by the prosecution,
the judge said his decision was because the prosecution said investigations
were still ongoing.
Source: MyNewsGh.com/Stephen Zoure





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