GhPageBusinessOtumfuo's Money Laundering Case: Mark Arthur GHIB Staff At Length Dismissed

Otumfuo’s Money Laundering Case: Mark Arthur GHIB Staff At Length Dismissed

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A staff of Ghana International Bank (GHIB) Mr. Mark Frank Arthur has been dismissed by his employers due to his misconduct that got the Asantehene Otumfuo II in money laundering.

After the London employment tribunal upholds the GHBI’s decision, they dismissed Mr. Frank Arthur based on the grounds of breaching the bank’s internal policies and procedures.

This is the latest development unveiled by the GHIB “The tribunal was satisfied that in doing what he did, Mark Arthur has committed misconduct of sufficient seriousness that amounted to a fundamental breach of his employment contract entitling the bank to terminate that contract without notice”.

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This is what triggered; in August 2016  Otumfuo summoned one Frank Arthur, a staff of GHIB to his residence in Henley on the Thames in the UK and handed him a bag containing £1,999,600 as well as $200,000 with consecutive serial numbers.

Mr. Arthur was dismissed based on the sidelining of anti-money while assisting Otumfuo with a cash involving £350,000.

However, Mr. Frank tried to challenge his dismissal at the UK tribunal on the grounds that it was wrongful and unfair.

Meanwhile, the Ashanti King has since been declared of all allegations of money laundering.

MR. Arthur who deemed his dismissal unfair is planning to sue the GHIB at the Central Employment Appeal Tribunal in London.

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Friday, October 22, 2021
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