Bank of Ghana wins legal case against ‘corrupt’ firm

v

A London-based international court has dismissed a case brought by a firm against Ghana’s central bank, which had argued that the claimant had acted corruptly.

Ghana-based payment services firm Sibton Switch Systems bought the case against the central bank in 2018, seeking damages of $478 million.

Sibton Switch Systems was bought by Ghana-based Pass Holdco in October 2020. Pass Holdco did not respond to a request for comment from Central Banking.

The BoG terminated its agreement with Sibton

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: