News:
March 23, 2018
Former Deputy Attorney General, Dominic Ayine has dismissed reports that he is leading a legal team of UniBank to challenge the takeover of the local Bank by the Central Bank.
According to Ayine, no such decision has been taken by UniBank to challenge the takeover in court as negotiations are still ongoing between the officials of the Bank of Ghana and UniBank.
“I have no instruction from UniBank asking me to go for arbitration…this was the information I gave to radio stations that called to ask if UniBank will be heading to court because of what has happened. No decision has been taken by UniBank to head for arbitration on this matter,” Dr. Ayine said in an interview with Starrfm on Friday.
There were reports in the media on Thursday that Dr. Ayine was leading the indigenous bank to challenge the takeover in court.
The story was first reported by Reuters which was reproduced by several media houses locally.
Dr. Ayine explained that he only told Reuters that officials of UniBank will explore all options including legal options to fight the takeover by Bank of Ghana.
According to him, he never told any media house that an official decision has been taken for him to challenge the takeover in court.
By: Kwaku Sakyi-Danso/ghanamps.com