Today, December 1, the High Court is anticipated to issue its decision in the case involving William Ato Essien, the founder of the now-defunct Capital bank.
The prosecution claims that he misappropriated the GH620 million in liquidity support provided by the Central Bank to keep the bank afloat while his trial for his alleged part in the bank's failure.
Along with him on the witness stand were Rev. Fitzgerald Odonkor, the former managing director of the bank, and Tetteh Nettey, the former managing director of MC Management Service, which is also controlled by Mr. Ato Essien.
They were each charged with 23 criminal offenses, including conspiracy to commit theft and theft.
However, they entered a not guilty plea and insisted on their innocence throughout the trial. Mr. Ato Essien also insisted that he received Board permission for all of his acts at all relevant times.
Thus, today's decision about the fate of the accused is anticipated to be made by His Lordship Eric Kyei Baffour of the Court of Appeal sitting as an extra High Court Judge.