William Ato Essien can regain his freedom if he pays outstanding GH¢53million

William Ato Essien can regain his freedom if he pays outstanding GH¢53million

William Ato Essien, the founder of defunct Capital Bank who was on Thursday afternoon jailed for 15 years can regain his freedom if he pays the outstanding GH¢53million owed.

The Accra High Court has imposed a 15-year jail term on William Ato Essien, for stealing over GH¢90 million belonging to the bank.

He has since refunded some of the amounts and left with the outstanding sum of Gh¢53million which is what is left for him to pay to the state as reparation and restitution to the state.

Sentencing him on Thursday, Justice Eric Kyei Baffour ruled that Essien can regain his freedom if he pays the outstanding amount of Gh¢53million.

Source: Graphic online