The banking crisis' perpetrators will all be brought to justice, according to Alfred Tuah Yeboah, deputy attorney general (AG) and minister of justice, in order to recoup the funds used to clean up the industry.
The clean-up effort is believed to have cost the government over GH25 billion.
Michael Nyinaku of the bankrupt Beige Bank was arraigned on Tuesday, while William Ato Essien of the defunct Capital Bank is awaiting judgment on November 17, 2022.
The deputy attorney general predicted that many more will soon do the same.
"The government gets to pay the deposits. In order to pursue and maybe recoup, we are currently in court. If you spent GH1.2 billion of taxpayer money, you will need that money back. If you pursue legal action, as we have, you can get that money back. I can guarantee that we will pursue additional instances to recover the funds, he told the journalists.
43 criminal offenses, including theft, deception including a breach of trust, and money laundering, are brought against Michael Nyinaku.
These come after Beige Bank's license was revoked in August 2018.
The receiver's investigation of the Bank's financials after the revocation "found a number of suspicious and odd transactions," according to the facts laid forward before the Court.