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Thursday, 29 October 2026
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Thursday, 29 October 2026
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Ghanaian press · Organization

UMB Bank

Financial institution that conducted MSMEs training with Mobile Money Fintech and whose accounts featured in the Adu-Boahene cybersecurity fraud trial.

2026-05-222026-10-29

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In coverage

Verbatim sentences from the source article.

  1. May 2026
  2. Joy Online

    … Counsel referred the witness to her earlier testimony, in which she confirmed that GH¢7,250,000 had been transferred from the BNC Communications Bureau Limited account at UMB Bank to an account belonging to Adu-Boahene. …

    Court rejects defence attempt to tender 2018 email in Adu-Boahene trial
Business

Mobile Money Fintech and UMB train hairdressers nationwide

The News

Mobile Money Fintech LTD and UMB Bank completed a three-city financial literacy and capacity-building workshop series for MSMEs, concluding with training for members of the Ghana Hairdressers and Beauticians Association in Accra. The initiative focused on customer service, financial literacy, and digital tools for informal-sector businesses.

2 October 2026 · Joy Online →

Friday 2 October

  1. Mobile Money Fintech and UMB train hairdressers nationwide

    Mobile Money Fintech LTD and UMB Bank completed a three-city financial literacy and capacity-building workshop series for MSMEs, concluding with training for members of the Ghana Hairdressers and Beauticians Association in Accra. The initiative focused on customer service, financial literacy, and digital tools for informal-sector businesses.

    2 October 2026 · Joy Online →

Thursday 10 September

  1. AG closes case in Adu-Boahene cybersecurity fraud trial

    The Office of the Attorney General has closed its case against former National Signals Bureau Director General Kwabena Adu-Boahene, his wife Angela Adjei-Boateng, and Advantage Solutions Limited, who are accused of stealing GH¢49.1 million in a purported cybersecurity system deal for Ghana. The court has set September 25, 2026 as the deadline for the defence to file a submission of no case to answer, with a ruling on the submission scheduled for November 5, 2026.

    10 September 2026 · Daily Guide →

Monday 27 July

  1. IMF Board to approve Ghana's final ECF review, post-bailout plan

    The IMF Executive Board is expected to approve Ghana's sixth and final Extended Credit Facility review, unlocking a final disbursement of about US$318 million, and to greenlight a 36-month Policy Coordination Instrument to guide economic reforms after the bailout programme concludes. The PCI, a non-financing arrangement, will offer closer policy engagement with the IMF and signal Ghana's commitment to reforms.

    27 July 2026 · Joy Online →

Thursday 23 July

  1. Government recapitalised three state banks in July 2025

    Finance Minister Dr Cassiel Ato Forson said the government fully recapitalised the National Investment Bank, Agricultural Development Bank, and Consolidated Bank Ghana in July 2025 to restore confidence and stability in Ghana's banking sector. GAT completed the full recapitalisation of UMB Bank, and Prudential Bank was fully capitalised through a private sector-led approach.

    23 July 2026 · Joy Online →

Monday 13 July

  1. Adu-Boahene trial: defence questions EOCO investigator's procedure

    In the trial of former National Signals Bureau Director-General Kwabena Adu-Boahene over alleged diversion of GH¢49.1 million in public funds, the defence team has challenged EOCO's lead investigator about whether a formal complaint was lodged with the National Security establishment before the investigation began. The investigator testified that the probe was triggered by a tip-off rather than a formal complaint, and acknowledged he could not confirm whether a prior complaint existed.

    13 July 2026 · Joy Online →

Thursday 2 July

  1. EOCO: Former NSB Chief's Assets Unexplained by Salary

    An EOCO investigator testified in court that the wealth acquired by former National Signals Bureau Director-General Kwabena Adu Boahene and his wife could not be reconciled with their known income, including 11 identified properties compared against salaries ranging from GHS5,000 to GHS7,000 monthly.

    2 July 2026 · The Chronicle →

Monday 22 June

  1. EOCO witness: account created to divert GH¢49.1 million cyber funds

    An EOCO investigator testified that a bank account was opened specifically to divert GH¢49.1 million meant for a cyber defence system contract signed by former NSB Director-General Kwabena Adu-Boahene with an Israeli company on January 30, 2020. The funds were deposited into an account at UMB Bank belonging to a private company, BNC Communications Bureau Limited.

    22 June 2026 · Joy Online →

Thursday 11 June

  1. Adu-Boahene trial witness disputes inter-branch fund transfer claims

    Mildred Donkor, a prosecution witness in the trial of Kwabena Adu-Boahene and two others, testified that UMB Bank branches could not independently transfer funds between themselves; such approvals could only come from headquarters. The witness acknowledged that Adu-Boahene and his wife had a special banking relationship with the bank that facilitated certain transactions, but rejected defence suggestions that fund movements through various companies were intended to create a complex network for their benefit.

    11 June 2026 · Joy Online →

Wednesday 10 June

  1. Witness testifies on bank withdrawals in Adu-Boahene fraud trial

    Mildred Donkor, the third prosecution witness in the trial of former National Signals Bureau Director-General Kwabena Adu-Boahene and two others, confirmed that authorised withdrawals would appear in bank statements and that payments to Gerald Osei Tutu totalled GH¢4.4 million. The prosecution alleges GH¢49.1 million in public funds were unlawfully diverted through cheques into accounts allegedly controlled by the accused.

    10 June 2026 · Joy Online →

Tuesday 2 June

  1. Court of Appeal orders disclosure in Adu-Boahen criminal trial

    The Court of Appeal has directed the Attorney-General and EOCO to disclose documents in the ongoing criminal trial of former NSB Director-General Kwabena Adu Boahene and his wife Angela Adjei Boateng, who are being tried over alleged theft of GH¢49.1 million in public funds. The three-member panel upheld the couple's appeal that the High Court's refusal to order disclosure violated their constitutional right to a fair trial.

    2 June 2026 · The Chronicle →

Friday 22 May

  1. Court rejects defence email evidence in Adu-Boahene trial

    An Accra High Court rejected the tendering of an April 2018 email as evidence by the defence team during cross-examination in the trial of Adu-Boahene and his wife. The rejection occurred amid questioning of a prosecution witness about financial transactions involving BNC Communications Bureau Limited and Adu-Boahene's accounts.

    22 May 2026 · Joy Online →

UMB Bank — Ghanaian press coverage · Ghana Minute