The former Chief Executive Officer (CEO) of Capital Bank, William Ato Essien, who is facing trial for the collapse of the bank, has begun negotiations with the Attorney General to have some of the charges brought against him dropped.

His lawyers revealed that he has paid close to GHS1.4 million and also given out some 19 newly cleared cars from the port to the state.

According to the lawyers, led by Thadeus Sory, engaging the AG based on section 35 of the Courts Act which allows for an offer of compensation or restitution in respect of some of the charges brought against the accused persons is currently ongoing.

The lawyers have already indicated to the Economic and Organised Crimes Office (EOCO) that their client was willing and ready to return about GHS27 million to the state.

The Attorney General’s office in response confirmed the negotiations and informed the court that they will consider it.

The judge, Justice Kyei Baffour, adjourned the case to the 18th of June 2020 for the two parties to report back to him.

Mr. Ato Essien is facing trial, with three former executives of the defunct bank; Fitzgerald Odonkor, Kate Quartey-Papafio and Tetteh Nettey for 26 charges levelled them.

Source: Citinewsroom.com