Ghana’s Attorney General has disclosed that the accused persons in the UniBank case have provided landed properties valued at GH¢ 824 million to pay off monies owed to the state.
He explains that the accused persons will also be responsible for any shortfall in the proceeds realized from the sale of the landed properties.
The decision to accept landed properties instead of cash payment, according to the Attorney General, was the most realistic option at the period in which they discussed the issues.
Addressing the media at government’s accountability series on Monday July 28, 2025, the Attorney General said “the Accused Persons(in the UniBank case) have provided landed properties valued at GH¢ 824 million to UNIBANK. Further, the Accused Persons will also be responsible for any shortfall in the proceeds realized from the sale of the landed properties.
A total of GH¢ 0.5 billion has, to date, been recovered out of the GH¢ 1.2 billion being pursued from the direct beneficiaries. Recovery of the remaining balance of GH¢ 0.7 billion out of the GH¢ 1.2 billion, and realization of the landed properties provided are expected to be completed over a timeline of eighteen (18) months.
Although the preference would have been for the Accused Persons to settle the proposed amount in cash, immediate settlement in cash was not, from my sense of what transpired at the negotiations, a realistic option.”
The Attorney General, in a statement issued on July 22, 2025 said “The Honourable Attorney-General has entered nolle prosequi in The Republic v. Kwabena Duffour & 7 Others case”.
The statement raised eyebrows among well-meaning Ghanaians who questioned why the Attorney General would seek to enter nolle prosequi in the case against Kwabena Diffour and other accused persons after payment of 60% of their debt to the state.
