High Court in Ghana upholds BoG's lawful revocation of Smith-Graham's UMB board chair appointment. El Tribunal Superior de Ghana confirma la revocación legal de BoG del nombramiento del presidente de la junta directiva de Smith-Graham.
The High Court in Ghana dismissed an application by George Smith-Graham, a former UMB Bank director, for a judicial review against the Bank of Ghana (BoG). El Tribunal Superior de Ghana desestimó una solicitud de revisión judicial presentada por George Smith-Graham, ex director del Banco de la UMB, contra el Banco de Ghana (BoG). The court ruled that the BoG's decision to disapprove Smith-Graham's appointment as UMB's board chair was lawful, as it followed a directive requiring prior written "No Objection" for redesignating non-executive directors. El tribunal dictaminó que la decisión de la BoG de desaprobar el nombramiento de Smith-Graham como presidente de la junta directiva de la UMB era legal, ya que seguía una directiva que requería "No Objeción" escrita previamente para rediseñar a los directores no ejecutivos. The court concluded that the BoG had the authority to revoke Smith-Graham's appointment under Act 930, which regulates banking conduct, without a hearing. El tribunal llegó a la conclusión de que el BoG tenía la facultad de revocar el nombramiento de Smith-Graham en virtud de la Ley 930, que regula la conducta bancaria, sin audiencia.