The Financial Reporting Council (FRC) said on Wednesday that KPMG, one of the world’s “Big Four” accountants, and partner Richard Hinton admitted to misconduct after an investigation into 2011 reports on client assets held by BNY Mellon and its London branch.
Energy Commercial Bank has received approval from the Securities and Exchange Commission (SEC) to raise GH¢340 million in shares from the Ghanaian investing public. Prior to that, the Bank had gotten “No Objection” from the Bank of Ghana as well as the Ghana Stock Exchange (GSE) to raise capital on the GSE by offloading over 50 per cent of shares. [...]
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