UniBank abandons plan to challenge Bank of Ghana

After the Central Bank took over UniBank, Unibank wanted to look at the option of seeking arbitration. But they have abandoned plans to consider the option of arbitration over the management takeover of the institution because the new administrators for the Bank have been very corporati

According to a lawyer for Unibank, Dr Dominic Ayine said they are no longer going that way 

He, however, insist they still have issues with how the whole process was carried out.

“Well, it is not about not having a case to be made, because a case could definitely be made in terms of the way the Bank of Ghana served the notice and the manner in which it conducted its affairs.”