Despite the trauma and job losses caused by the failure of several small Ghanaian banks, the sector now looks stronger with credit growth likely to accelerate Ghana is slowly emerging from its worst banking crisis ever. Several times this year depositors massed in the branches of insolvent banks wanting to take their cash, despite assurances…
Open source A few weeks ago, the investigation officially filed charges against Oleksiy Kargapolov, former deputy chairman of the board of the Ukrainian Professional Bank (UPB), who was heading it at the time of the introduction of the provisional administration in May 2015. The banker is accused of more than 220 million USD fraud. Thus,…
City needs its cinema I was completely shocked to hear that our wonderful cinema Youthoria would be closing the doors on December 31. This cinema is such a marvelous facility in our beautiful town. The building itself is 92 years old and has such presence and history and ambiance. It offers joy to young and…
City needs its cinema I was completely shocked to hear that our wonderful cinema Youthoria would be closing the doors on December 31. This cinema is such a marvelous facility in our beautiful town. The building itself is 92 years old and has such presence and history and ambiance. It offers joy to young and…
Janice Rogers (61) and Elizabeth Dagg (70), both from Northumberland, were directors of Auto Testing Limited (ATL). Incorporated in February 2007, ATL operated as a car mechanics, fuel station and convenience store. There was also a third boss, Stewart Rogers. But the 72-year-old from Northumberland had been previously disqualified for five years in January 2011…
U.S.-based bitcoin mining firm Giga Watt has declared bankruptcy with millions still owed to creditors. The firm filed forChapter 11 bankruptcy at a court in theEastern District of Washington on Monday, revealing that it still owes its biggest 20 unsecured creditors nearly $7 million in court documents seen by CoinDesk. Creditors include the utilities provider…
Two garage bosses banned after they allowed a disqualified director, who happened to be their husband and ex-husband respectively, to run their company. Janice Rogers (61) and Elizabeth Dagg (70), both from Northumberland, were directors of Auto Testing Limited (ATL). Incorporated in February 2007, ATL operated as a car mechanics, fuel station and convenience store.…
KUALA LUMPUR: The Malaysia Department of Insolvency says 64,632 Malaysians aged between 18 and 44 have been declared bankrupt over the last five years. Additionally, 13,338 have also been declared bankrupt as of September this year. The data highlights the importance of financial literacy in family institutions, said Deputy Prime Minister Datuk Seri Dr Wan…
Dear Sir / Madam, In addition to our earlier disclosure made on 02nd May 2018, 11th May 2018, 20th June 2018, 12th July 2018, 27th July 2018, 20th August 2018, September 03, 2018, October 01, 2018, October 10, 2018, October 22, 2018 and October 24, 2018, we would like to inform you that the Honble…
Gurpal Singh Atwal (47), of Oadby, Leicester was a self-employed taxi driver and former councillor for Oadby and Wigston Borough Council before becoming bankrupt in November 2017, having presented his own petition. However, investigators from the Insolvency Service found that after the bankruptcy order, Gurpal Atwal transferred 600,000 worth of land he owned in India…