Court grants more time for plea negotiations in Chairman Wontumi's GH¢30million Exim Bank case

Per the facts of the case, in January 2018, Chairman Wontumi approached the Ghana Export-Import Bank, acting ostensibly as Managing Director of Wontumi Farms Limited, and applied for a grant of GH¢19 million to finance a farming venture.

The High Court in Accra has granted the Attorney-General and Ashanti Regional Chairman of the New Patriotic Party, Bernard Antwi-Boasiako, also known as Chairman Wontumi, more time to complete a plea negotiation in the trial in which he has been accused of causing a financial loss of GH¢30 million to the Ghana Exim Bank.

Background Chairman Wontumi and Thomas Antwi-Boasiako, a Director of Wontumi Farms Limited, have been accused by the state of using pretences to obtain GH¢14,302,000 from the Ghana Export-Import Bank.