Also known as: SIC Savings and Loans Company Limited
Insurance company offering life insurance and bancassurance products in Ghana, currently under EOCO investigation into alleged financial losses and criminal conspiracy.
… nomic and Organised Crime Office (EOCO) has granted the Member of Parliament for Suame, John Darko, enquiry bail following investigations into an alleged criminal conspiracy that has resulted in an estimated financial loss of GH¢27 million to SIC Savings and Loans Company Limited …
Suame Member of Parliament John Darko has denied any involvement in a post-judgment settlement between SIC Savings and Loans Company Limited and Equity Savings and Loans Limited that allegedly resulted in financial losses to SIC. …
… Crime Office (EOCO) has granted the Member of Parliament for Suame, John Darko, enquiry bail after he appeared before investigators in connection with an alleged criminal conspiracy involving a financial loss of approximately GH¢27 million to SIC Savings and Loans Company Limited …
The Economic and Organised Crime Office (EOCO) has granted Suame Member of Parliament John Darko enquiry bail after he reported to investigators to assist with an ongoing investigation into an alleged criminal conspiracy involving SIC Savings and Loans Company Limited. …
The National Investment Bank (NIB) PLC and SIC Life Insurance Limited have collaborated to launch a Bancassurance product aimed at deepening insurance penetration and coverage in the country. …
… He denied charges of conspiracy to commit a crime and dissipation of public funds, intentionally causing financial loss to the state and money laundering, including an allegation that he facilitated the transfer of GH¢1 million to the then Managing Director of SIC Life in 2024.
SIC Life Insurance Limited has opened a new office in Goaso, in the Ahafo Region, to improve access to life insurance services and deepen insurance coverage across the country. …
The Economic and Organised Crime Office has granted enquiry bail to Suame MP John Darko in an investigation into alleged criminal conspiracy resulting in an estimated GH¢27 million loss to SIC Savings and Loans Company Limited. EOCO said Darko was cooperative during questioning and investigations remain ongoing, with no conclusions yet reached on responsibility.
The Economic and Organised Crime Office has granted enquiry bail to Suame MP John Darko in an investigation into alleged criminal conspiracy resulting in an estimated GH¢27 million loss to SIC Savings and Loans Company Limited. EOCO said Darko was cooperative during questioning and investigations remain ongoing, with no conclusions yet reached on responsibility.
Suame MP John Darko has denied any involvement in a post-judgment settlement between SIC Savings and Loans and Equity Savings and Loans that allegedly resulted in financial losses to SIC, following questioning by the Economic and Organised Crime Office (EOCO). His lawyers stated his role was limited to legal counsel for Equity's litigation with SIC and recovery of part of the judgment awards, with no involvement in the subsequent settlement or Equity's disposal of judicially attached land.
The Economic and Organised Crime Office has granted enquiry bail to Suame MP John Darko after he appeared for questioning over an alleged criminal conspiracy involving an estimated GH¢27 million financial loss to SIC Savings and Loans Company Limited. EOCO stated that Darko cooperated fully with investigators but did not disclose specific allegations or the conditions of his bail.
The National Investment Bank (NIB) PLC and SIC Life Insurance Limited have launched a Bancassurance product called "One Partnership. Total Protection" to deepen insurance penetration and financial inclusion in Ghana, offering four insurance plans including Guaranteed Endowment Plan, Ultimate Family Security Plan, Education Fund Plus and Final Journey Plus.
Nana Agyei Baffour Awuah, Manhyia South MP, has been granted GH¢10 million bail with two sureties after pleading not guilty to charges of conspiracy to commit a crime, dissipation of public funds, intentionally causing financial loss to the state, and money laundering, including an allegation that he facilitated the transfer of GH¢1 million to the then Managing Director of SIC Life in 2024.
Manhyia South MP Nana Agyei Baffour Awuah was granted GH¢10 million bail with two sureties after pleading not guilty to three charges brought by the Economic and Organised Crime Office. His lawyer Samuel Atta Akyea said justice had prevailed and expressed confidence in contesting the prosecution's case in court.
Nana Agyei Baffour Awuah, Manhyia South MP, has pleaded not guilty to three charges brought by EOCO including conspiracy, dissipation of public funds, financial loss to the state, and money laundering relating to an alleged GH¢1 million transfer to SIC Life's Managing Director in 2024, and was granted GH¢10 million bail with two sureties.
International corporate lawyer Victoria Bright has cautioned against treating the controversial SIC Life settlement at the centre of EOCO's investigation into Manhyia South MP Nana Agyei Baffour Awuah as automatically criminal, arguing that unwise commercial decisions involving state entities do not necessarily constitute criminal conduct without evidence of improper authorisation or misconduct.
SIC Life Insurance Limited has opened a new office in Goaso as part of its nationwide expansion to bring life insurance services closer to individuals, families and businesses in regional centres.