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Tuesday 17 October 2017

2017-10-12

[N] PURC boss, Samuel Sarpong, sacked
[N] Don’t stampede gov’t into closing fuel stations – OMCs
[N] £350k Scandal: Otumfuo clean – Sacked Bank Official
[N] 245 suspected drug peddlers, prostitutes arrested in Ashanti
[N] Don’t follow ‘malicious’ social media – Rawlings advises Media General
[N] Gov’t withdraws Zongo Development Fund bill

2017-10-11

[B] Ghana woos investors at IMF/World Bank Meetings
[B] Hybrid power stations to add 850MW to grid
[N] Agric College Students Picket At MoFA Today
[N] We don’t need cabinet meeting to solve gas explosions – Namoale
[N] Cost of home loans drop to 30.6 %
[B] Ghana’s exports rise to $ 8.9 billion
[N] Gov’t investigating report of Ghanaian ISIS fighters – Majority
[N] Tension in Bimbila ahead of late chief burial Thursday
[N] Akufo-Addo's 'one achievement, one launch' is new NPP strategy
[N] God is the reason - 13-year-old KNUST student says
[N] Workers on the Kejetia market project to lay down tools following threats
[N] Parliament tasks 3 committees to investigate gas explosions
[N] Mansco Gas must compensate explosion victims – Mahama Ayariga
[N] Police accused in Delta Force 13 case

2017-10-10

[B] Airlines upbeat about boost in business
[N] Earlier charges against Delta Forces dropped
[N] SUNDA Int. & TWYFORD Ceramics donate to gas explosion victims
[N] Operation to ban public smoking in Tamale to be activated after six arrested in
[N] AUCC founder launches book about his life as public servant and private citizen

2017-10-09

[S] Ghana Rugby team beats Mauritius in impressive Sevens campaign
[N] Thieves steal car at Legon after man fled from Atomic gas explosion
[N] Fuel explosions: NPA to employ 200 extra safety auditors – Agyarko
[N] Petrochemical workers opposed gov’t's new policy on gas explosions – Abu Ramadan
[N] Kwadaso Agric. College Students boycott lectures over unpaid allowances
[N] Court grants withdrawal of application against lawyer for EC boss
[N] Nana Addo to personally pay for presidential correspondent’s funeral
[N] NDC financiers, others frustrated our fight against 'illegal' fuel stations - Ay
[N] New Ya-Naa Will Be My 1st Year’s Crowning Achievement – Akufo-Addo

2017-10-08

[N] Kwadaso MP visits flood prone areas after heavy down pour
[I] Ellen Johnson Sirleaf Touts Legacy As She Prepares To Step Down  
[N] Wassa Akropong Shooting; 4 Arrested
[N] Brother Of 13-Year-Old KNUST Student To Break Sister’s Record
[N] Encroachment of Owabi Forest cause of flooding at Atafoa- Assemblyman
[N] Kwadaso: building kills 2, 1 in critical condition
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General News

[ 2017-10-12 ]

£350k Scandal: Otumfuo clean – Sacked Bank Official
The sacked official of the Ghana International
Bank in the UK Mark Arthur has said the Asantehene
Otumfuo Osei Tutu is innocent in the cash
transaction that subsequently got him to lose his
job.

Mr. Arthur was dismissed after the traditional
ruler of the Kingdom of Ashanti, summoned him to
his multimillion-pound residence in
Henley-on-Thames and handed him a bag containing
almost £200,000 in sterling as well as $200,000 in
US currency for saving at the bank.

The aggrieved banker, from New Barnet,
Hertfordshire, a dual citizen of the UK and Ghana,
drove to his own home with the cash and then took
it in an Uber taxi to the bank’s City offices for
deposit in the king’s account, he told an
employment tribunal.

In a statement submitted to the court Thursday and
cited by Starr News, Mr Arthur  Insists he also
did nothing wrong in the huge financial
transaction.

“Mr Arthur’s position throughout his suspension,
investigation, disciplinary process and the
Employment Tribunal hearing is that he had done
nothing wrong.
“Mr Arthur has consistently confirmed in evidence
that at no time did he suspect that the
Asantehene, Otumfuo Osei Tutu II, did anything
wrong,” portions of the statement said.

Below are details of the statement

1.All evidence in this case has now been given to
the Employment Tribunal which will soon retire to
consider its’ decision.

2.Mr Arthur’s position throughout his suspension,
investigation, disciplinary process and the
Employment Tribunal hearing is that he had done
nothing wrong.

3.Mr Arthur has consistently confirmed in evidence
that at no time did he suspect that the
Asantehene, Otumfuo Osei Tutu II, did anything
wrong.

4.Mr Arthur’s evidence through the investigation,
disciplinary and at the tribunal hearing makes it
clear that the CEO of the bank, Mr Joe Mensah,
approved the transactions before completion in
accordance with the King’s instructions and did
not think that there was suspicious activity.

5.The banks’ position is that Mr Mensah did not
approve the transactions. The morning after the
transaction and following an internal conversation
with other members of his senior staff, Mr Mensah
changed his position and reported the transactions
to the UK authorities as being suspicious.

6.There is a conflict between the evidence that Mr
Arthur and Mr Mensah have given regarding whether
or not Mr Mensah approved the transactions and Mr
Arthur has asked the Employment Tribunal to decide
which of the two is telling the truth.

7.It should be noted that Mr Mensah decided not to
give any evidence at the Employment Tribunal
hearing, even though he was and should have been
the bank’s number one witness as he was central to
the events that have unfolded.

8.The person that Mr Mensah retained to conduct
the disciplinary hearing of Mr Arthur, Mr Peter
Haines (former chairman of the Bank’s Board Audit
Risk & Compliance Committee) also decided not to
make himself available in person to the tribunal
to give evidence and to be cross-examined.

9.Mr Haines’ directorship was not however renewed
shortly after his decision to dismiss Mr Arthur.

10.Mr Arthur has confirmed to the Employment
Tribunal that the collection and transportation of
cash from the Asantehene’s residence (transported
by Uber taxi) was not in breach of the bank’s
insurance policies. The bank however relies on an
insurance proposal and not the actual insurance
policy itself (the latter of which Mr Arthur
asserts supports his position).

11.Mr Arthur believes that the Employment Tribunal
decision when delivered will demonstrate that the
transactions involving the Asantehene’s account
were above the suspicions cited by the bank. It is
important to note however that the Employment
Tribunal has not been asked to determine the
nature of those transactions, those transactions
merely create the background relating to the
employment issues that the Employment Tribunal has
to decide.

Source - StarrFMonline



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