Capital Bank co-founder and former CEO, William Ato Essien is said to have begun negotiations with the Attorney General to have some of the charges brought against him dropped according to a JoyOnline report.
JoyOnline reports that this was disclosed in court by lawyers for Mr. Essien. According to the lawyers led by Thadeus Sory, they are engaging the AG based on section 35 of the courts act which allows for an offer of compensation or restitution in respect of some the charges brought against accused persons.
According to the lawyers of Mr. Essien they had already indicated to EOCO that their client was willing and ready to return some 27million cedis to the state. The lawyers revealed he has paid close to 1.4 million Ghana cedis and also given out some 19 newly cleared cars from the port to state.
The Attorney General’s office in response confirmed the negotiations and informed the court that they will consider it.
The judge Justice Kyei Baffor adjourned the case to the 18th of June for the two parties to report back to him.
Mr. Ato Essien is facing trial, with three former executives of the defunct bank —Fitzgerald Odonkor, Kate Quartey-Papafio and Tetteh Nettey for 26 charges leveled them.
