Update of uniBank case: Fictitious loans were created to meet profit expectation – Receiver
The Receiver of collapsed uniBank, Nii Amanor Dodoo, has observed that at the end of each month, when the bank could not meet its profit expectation, the Management of the bank initiated steps to create fictitious loans. He said the purpose of this was to generate interest income among others. The Receiver was answering questions […]
Source: myjoyonline.com
