State-owned Agricultural Development Bank has petitioned the National Media Commission over the conduct of a journalist in issues surrounding its botched Initial Public Offer of few weeks.
The bank in a letter to the Commission is seeking to get the journalist who works with one of Ghana’s most respected media houses, to answer questions of unfair reportage.
Kasapafmonline.com is told the bank is disgusted by what it says were attempts by the said Journalist to make them look bad in the eyes of the public, particularly their investors, when the issue about its IPO gained gargantuan prominence in the media weeks ago.
The Journalist they’ve told the media commission continually run stories that sought to ridicule them, the basis for which were informed by the said journalist’s affiliation with the Party who took the matter to court seeking to stop the IPO. They’ve also petitioned the media house the Journalist works for.
The case has since been withdrawn. This website first broke the news on October 7. READ HERE.
A while ago we reported..
The Supreme Court (SC) has urged the Member of Parliament (MP) for Effutu, Mr Alex Afenyo Markin not to file writs indiscriminately.
The SC said: “Do not take pleasure in filing writs here and there.”
This came after the court had struck out the writ and two other applications filed for his client, Dr Mark Assibey Yeboah, against the adb.
The other applications were motion for injunction and application for the extension of time.
It, however, did not award cost against Dr. Assibey.-Yeboah.
According to Mr Markin, his client decided to withdraw the matter after he (Dr. Assibey- Yeboah) had received some correspondence from the Management of adb indicating that what his client sought from the court would be dealt with in Parliament.
“My instructions from my client are that compelling assurances have been given by adb to engage Parliament to resolve the legal issues that provoked the writ,” Mr Markin said.
Mr Tony Lithur counsel for adb said he had no instructions on any “assurances.”
According to Lithur, they did not oppose to the withdrawal but asked for “heavy cost” against Dr Assibey-Yeboah.
Mr Lithur told the Supreme Court that the Bank had suffered a great deal following the writ filed by the Plaintiff, explaining that the Initial Public Offer (IPO) had “not quick started”.
The Panel were Justices, Victor Jones Dotse (presiding), Anin Yeboah, Sule Gbadegbe, Anthony Benin, Paul Baffoe Bonney, Vida Akoto Bamfo and Gabriel Pwamang.
READ HERE OUR COMPLETE COVERAGE OF THE AFENYO-ADB SAGA
By: Kasapafmonline.com/Ghana
