In the Unibank case, Dr.
Asiama pleaded not guilty to both charges of Flouting Bank of Ghana laws and Willfully causing financial loss The approval of liquidity support was done officially by Management of BOG at the time.
These were official transactions that involved Management of BOG and included the Governor, the first deputy, and the second Deputy Governors.
The approval did not breach any BOG laws or provisions because the BOG Board had delegated such authority for approving the lendor of last resort facilities to Management of the Bank .
