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Author: Kenneth Ghartey

Kenneth Ghartey is Lawyer, Valuer and a Restructurings and Insolvency Advisor. He was formerly Senior Lecturer and Head of the Law Department of Lancaster University Ghana. Kenneth's teaching included Company Law, Commercial Law and the Law of Natural Resources. His research interest spans law and regulation of financial markets, intermediated securities, corporate governance in developing economies, issues in the intersection between law and real estate finance, banks and insolvencies and learning and assessments in legal education.

The Death of the Statutory Corporation

February 28, 2019

The statutory corporation went on quietly to the ancestors without the usual Ghanaian fanfare. There was no one to sing of its former glory at its funeral. No one shed a tear for it. No sooner was it covered by the last shovel of earth was it forgotten and confined to neglected history.  It is like […]

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Regulating Related Party Activities in Ghanaian Banking

February 18, 2019

A survey of the reporting of the still on-going issues surrounding the banking sector in Ghana reveals that many of the problems associated with the banking sector have been attributed to ‘weak corporate governance’[1]. A careful examination of the facts surrounding the collapse of the seven banks over the last two years shows that at […]

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Are the Directors of the Failed Banks in Serious Trouble?

August 7, 2018

The conversation relating to the August 1, 2018 announcement of the ‘collapse’ and so-called ‘consolidation’ of the five banks[1]went from taking stock of the intensity of what had happened and quickly veered into what ought to be the personal liability of the directors and management involved with these banks. Over the rest of the week […]

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What, in Law, has Happened to the Five Collapsed Banks?

August 6, 2018

While the majority of players and stakeholders in the financial space welcome the recent Bank of Ghana (BOG) intervention regarding the recent the ‘collapse’ of the five banks[1]and the creation of the new Consolidated Bank Ghana Limited (CBG), this move has generated some uncertainty over the legal dimensions of the regulator’s intervention. In the news, we have […]

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