• About
  • Advertisements
  • Terms of Use
  • Contact
Wednesday, July 30, 2025
The Sikaman Times
Advertisement
  • Home
  • News
  • Business
  • Technology
  • Regional
  • Features
  • Focus
No Result
View All Result
The Sikaman Times
  • Home
  • News
  • Business
  • Technology
  • Regional
  • Features
  • Focus
No Result
View All Result
The Sikaman Times
No Result
View All Result

Not even GHC 1 has been recovered by AG to date – Dame

by The Sikaman Times
July 29, 2025
Attorney-General, Godfred Yeboah Dame
ShareTweetSendShareSend

Former Attorney-General Godfred Yeboah Dame has accused his successor, Dr. Dominic Ayine, of grossly misleading the public about progress in recovering funds from collapsed banks and financial crime prosecutions, declaring pointedly that “to date, Dr. Ayine has not recovered a single cedi in the Unibank matter.”

In a strongly worded statement issued on Monday, Dame described as “alarming” what he termed Dr. Ayine’s “penchant to peddle untruths,” particularly concerning ongoing and discontinued high-profile financial crime cases. At the heart of his concerns is what he characterises as a deceptive portrayal of Ayine’s achievements in asset recovery.

Dame took specific aim at Ayine’s claim of having made strides in recovering assets from the promoters of defunct Unibank. He insisted that all assets belonging to the Duffuor family and affiliated companies had already been identified by the Receiver appointed by the Bank of Ghana, well before Ayine assumed office.

“Dr. Ayine should indicate to the public when either himself or his team this year discovered any new assets owned by the Duffuors,” Dame challenged. “What he proposes to do, and for which he has already entered nolle prosequi, is to, in future, use some of the assets already identified by the Receiver to defray what he has unilaterally determined to be owed.”

According to Dame, no legal mechanism underpins Ayine’s proposed arrangement, which relies solely on his discretionary authority to discontinue prosecutions under the nolle prosequi doctrine. He questioned the legal and financial soundness of this approach, citing the lack of any agreement, objective asset valuation, or enforceable framework.

Further, Dame argued that Ayine’s discontinuation of several financial crime cases—many of which Dame initiated—has cost the Republic dearly. “A careful analysis of all the cases discontinued by Dr. Ayine would show an abandonment of the pursuit of a total of over Seven Billion Ghana Cedis (GHC7 billion),” he asserted.

Citing the example of the Republic v. William Ato Essien case, Dame contrasted Ayine’s approach with what he described as firm, law-based enforcement during his own tenure. Essien was jailed for defaulting on payments under a GHC90 million agreement, a case Dame said proved the credibility of prosecution-driven asset recovery.

Dame also dismissed as false Ayine’s claim that it took six months to file witness statements in the Ato Forson trial, clarifying that “the prosecution filed all witness statements and documents on 14th February, 2022—less than one month after arraignment.”

He accused Ayine of undermining the Office of the Attorney-General with “plain untruths, half-truths, and misinformation,” and described his public conduct as unprofessional.

Dame also criticised Ayine for allegedly speaking of his predecessors in a “condescending tone,” including former AG Gloria Afua Akuffo, who Dame said deserves “utmost respect.”

Advertisement Advertisement
Tags: Dominic AyineFeaturedGodfred Yeboah Dame
ShareTweetSendShareSend
Previous Post

GHC 7bn at stake: Dame blasts Ayine for dropping key cases

Next Post

Ken Agyapong, Kwabena Agyepong officially declare bids for NPP flagbearer slot

Related Posts

BOG sanctions Fidelity, First National banks over forex breaches
Banking & Finance

BoG warns financial institutions over illegal remittance practices

July 30, 2025
Ghana Coalition Against Galamsey condemns alleged raid on forestry commission offices
General

Ghana Coalition Against Galamsey condemns alleged raid on forestry commission offices

July 30, 2025
Ken Agyapong, Kwabena Agyepong officially declare bids for NPP flagbearer slot
General

Ken Agyapong, Kwabena Agyepong officially declare bids for NPP flagbearer slot

July 29, 2025
GHC 7bn at stake: Dame blasts Ayine for dropping key cases
General

GHC 7bn at stake: Dame blasts Ayine for dropping key cases

July 29, 2025
NPP endorses Solomon Asumadu for Akwatia by-election
General

NPP endorses Solomon Asumadu for Akwatia by-election

July 29, 2025
Demo would have been justified if EC failed to act on your evidence – NPP tells NDC
General

NPP opens nominations for 2028 flagbearer race

July 29, 2025
Next Post
Ken Agyapong, Kwabena Agyepong officially declare bids for NPP flagbearer slot

Ken Agyapong, Kwabena Agyepong officially declare bids for NPP flagbearer slot

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • BOG sanctions Fidelity, First National banks over forex breaches

    BoG warns financial institutions over illegal remittance practices

    1 shares
    Share 0 Tweet 0
  • GTEC to arrest and prosecute users of unmerited academic titles

    1 shares
    Share 0 Tweet 0
  • Ghana named among world’s most generous countries, ranks third in Global Giving Report

    1 shares
    Share 0 Tweet 0
  • NPP endorses Solomon Asumadu for Akwatia by-election

    1 shares
    Share 0 Tweet 0
  • Ghana wins 2nd place at 2025 Pan-African Robotics Competition — Firefly IO urges support for national robotics event

    5 shares
    Share 2 Tweet 1
The Sikaman Times

We bring you the best Premium WordPress Themes that perfect for news, magazine, personal blog, etc. Check our landing page for details.

Follow Us

Browse by Category

  • Africa
  • Ahafo
  • Art & Entertainment
  • Arts & Entertainment
  • Ashanti
  • Aviation
  • Banking & Finance
  • Bono East
  • Brong Ahafo
  • Business
  • Business
  • Central
  • Communication
  • Culture
  • Eastern
  • Economy
  • Education
  • Entrepreneurship & Local Business
  • Exclude
  • Features
  • General
  • Ghana
  • Greater Accra
  • Health
  • Health
  • International
  • International Trade
  • Lifestyle
  • Lifestyle
  • Media
  • National
  • News
  • North East
  • Northern
  • Oil & Gas
  • Oti
  • Politics
  • Politics
  • Real Estate
  • Regional
  • Relationship
  • Relationship
  • Religion
  • Savannah
  • Social
  • Social
  • Sports
  • Sports
  • Technology
  • Trade
  • Transportation
  • Uncategorized
  • Upper East
  • Upper West
  • Volta
  • Western

Recent News

BOG sanctions Fidelity, First National banks over forex breaches

BoG warns financial institutions over illegal remittance practices

July 30, 2025
Ghana Coalition Against Galamsey condemns alleged raid on forestry commission offices

Ghana Coalition Against Galamsey condemns alleged raid on forestry commission offices

July 30, 2025
  • About
  • Advertise
  • Privacy & Policy
  • Contact

About Us

© 2024 - The Sikaman Times

No Result
View All Result
  • Home
  • News
  • Business
  • Technology
  • Regional
  • Features
  • Focus

About Us

© 2024 - The Sikaman Times

QUICK LINKS

About

Privacy Policy

Terms Of Use

Advertisement

Contact

FOCUS

Ghana

Africa

International

CATEGORIES

General News

Business

Opinions

Politics

Technology

EXTRAS

Sports

Entertainment

Health & Wellness

STAY CONNECTED

Facebook Twitter Youtube Instagram Linkedin

© COPYRIGHT 2022-2025
The Sikaman Times