President Nana Addo Dankwa Akufo-Addo has exercised his prerogative of mercy to pardon nine convicted persons, including William Ato Essien, the founder of defunct Capital Bank.
Ato Essien was convicted for his role in the collapse of Capital Bank and sentenced to pay GHS90 million.
However, he defaulted after paying part of the money and was subsequently sentenced to 15 years in prison in October 2023.
The Office of the President noted that Ato Essien is suffering from severe life-threatening medical conditions and has undergone multiple surgeries as a result.
This, perhaps, informed the president’s decision to grant him a pardon.
The other individuals who have been granted pardon by the president include Akwasi Alhassan, Beatrice Ofori, Frank Obeng, Stephen Nyarko, Philip Akpeena Assibit, Osman Inusah, Joseph Nana Kwaku Boateng, and Emmanuel Adu Mensah.
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