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This bond issue also caused disputes between the Government of Sri Lanka and Government of Singapore over the extradition requests of Arjuna Mahendran to Sri Lanka. [ 4 ] On 3 September 2019, Singapore's Ministry of Foreign Affairs clarified that the government would consider the extradition request from Sri Lanka once the necessary supporting ...
Ghana EC Scandal [18] [19] [20] Tema Port Scandal [21] [22] [23] Stephen Opuni Cocoa Board Scandal [24] [25] See also. 2015 Ghana Judiciary scandal; Corruption in Ghana;
How Ghana's central bank lost $5bn in one year Unemployment among young people and an exodus of Ghanaians looking for better opportunities elsewhere has also been a feature of recent years.
Arjuna Mahendran was appointed as the Central Bank governor, replacing Ajith Nivard Cabraal, who was involved in the bond scandal. In 27 February 2015, newly appointed CBSL governor Arjuna Mahendran advertised the sale of Rs. 1 billion in 30-year government bonds at a coupon of 12.5% [ 22 ] Despite several accounts erroneously cite an ...
In the year 2014, Ghana was hit with a scandal in the Police Service involving a top official in the person of DCOP Patrick Timbilla. On 6 March 2014, after the Independence Day parade, it was announced by the police administration that Timbilla has been put under house arrest in light of the allegations leveled against him.
By Uditha Jayasinghe, Scott Murdoch and Chris Thomas (Reuters) -Sri Lanka is weighing U.S. bribery accusations against Adani Group and Fitch put some company bonds on a watch list for a possible ...
Thousands took to the streets of Ghana's capital Accra on Tuesday demanding the central bank governor be removed for what they say is the mismanagement of the economy during the worst debt crisis ...
Corruption in Ghana is similar to other countries in the region. [6] Corruption in Ghana affects, among other sectors, natural resource management. Despite government efforts to quell corruption, local elites take advantage of limited transparency and accountability to take control of community natural resources for their personal financial ...