Prosecuted Founder and Chief Executive of defunct Capital Bank, William Ato Essien has filed a notice of appeal against the dismissal of his submission of no case made two weeks ago.
Subsequently, lawyers for Mr. Ato Essien have requested the High Court (Commercial 7 Division) to stay proceedings pending the determination of the appeal.
Mr. Ato Essien’s submission of no case was dismissed two weeks ago with an invitation to open his defence in criminal charges of conspiracy to steal, stealing and money laundering.
He was thus expected to open his defence today, Thursday, July 22, 2021, but his lawyers instead filed a motion for stay of proceedings to urge the court to stay the hearings while he pursues this interlocutory appeal.
Justice Eric Kyei Baffour of the Court of Appeal, who is sitting as an additional High Court Judge, consequently adjourned proceedings to July 29, 2021, when he will hear the motion to stay proceedings.
“In view of the motion filed by Counsel for the 1st accused, for a stay of proceedings on Thursday morning and slated to be moved on the 29th of July 2021, I will adjourn the suit to the said date,” the judge said.