According to Atta Akyea, who is counsel for Chairman Wontumi, it is legally and logically inconsistent to prosecute a borrower without examining the role of the lender’s officials who approved, vetted and disbursed the facility. He argued that Exim Bank is a state-owned financial institution with credit committees, risk assessment protocols and executive approvals that must have been followed.
The Exim Bank case involving Chairman Wontumi centres on alleged financial irregularities linked to loans secured for his business operations. Prosecutors have alleged non-compliance with loan terms, while the defence maintains that the facility was obtained through legitimate banking processes and secured with collateral.
For now, the visibly distraught lawyer insists his client is innocent and will be vindicated. He wants answers from the state and has vowed to pursue all legal avenues to ensure that justice is not only done but seen to be done in the much-talked-about Exim Bank case.
Author: Stella Sunu • Published on Howedey.com
