The Attorney-General has discontinued the high-profile case involving former Finance Minister Dr. Kwabena Duffuor and seven others, who were facing charges in connection with the collapse of uniBank.
The decision, announced on July 22, was based on the significant recovery of state funds.
Dr. Duffuor, founder of the defunct uniBank, and the other accused persons were charged with various offenses, including theft and money laundering, as part of a broader financial sector clean-up exercise initiated by the State in 2018.
According to Deputy Attorney-General Dr. Justice Srem-Sai, the accused have met the 60% recovery threshold of alleged losses, which was a condition for reconsidering prosecution.
“Following prolonged negotiations and engagements, the accused persons in The Republic v. Kwabena Duffuor & 7 Others case have met this recovery threshold,” the statement noted.
The Attorney-General’s office emphasized that the decision reflects its commitment to accountability and transparency.
The discontinuation of the case formally known as nolle prosequi results in the discharge of the accused persons. However, it does not constitute an acquittal, leaving open the possibility of re-prosecution should new evidence emerge or circumstances change.
The Attorney-General described the move as a pragmatic step in the national interest, aimed at recovering state resources while ensuring transparency in legal processes.
