The state has discontinued the case against the founder of the now- defunct UT bank, Prince Kofi Amoabeng at the circuit Court .
Kofi Amoabeng was facing charges of stealing and Money laudering over his alleged role in the collapse of UT bank.
According to the prosecution represented by Asp Emmanuel Nyamekye, they intend to file a fresh case against Mr Amoabeng at the high court hence their decision .
The decision means the trial at the high court has been ended
Meanwhile, a similar case involving the managing director of defunct Beige Bank, Mike Nyinaku at the same Circuit Court has been adjourned to March 5, 2020
He was granted on January 17 2020 after falling ill while on a one- week remand. He is facing charges of money laundering and stealing in the collapse of the Beige Bank
Kofi Amoabeng was put before court presided over by justice Essandor, to the tune of Ghs 110 million with two sureties who earn not less than GhS 2000.
The state has discontinued the case against the founder of now-defunct UT Bank, Prince Kofi Amoabeng at the Circuit Court.