Prime News Ghana

Presidency denies granting pardons to Ato Essien, 10 others

By Vincent Ashitey
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The office of the President has denied reports that President Akufo-Addo has exercised his constitutional prerogative of mercy to grant pardons to 11 convicts.

Reports on Monday suggested that William Ato Essien, founder of the defunct Capital Bank was among those whose convictions were pardoned.

 

Mr. Essien, sentenced to 15 years in prison by an Accra High Court in October 2023, was found guilty of misusing over GH¢90 million of Bank of Ghana’s funds allocated to his bank. His sentence came after failing to repay the full amount, despite being given the opportunity to do so.

Among the other pardoned individuals is Philip Assibit, who was serving a 12-year sentence related to the GYEEDA scandal.

However, a statement dated January 6 signed by Eugene Arhin, Director of Communications at the Office of the President, stated that the reports are "inaccurate" and "no pardon has been granted by President Akufo-Addo.

The public was also urged to disregard the statement and rely on official communications from the Presidency.