After Shareholders of defunct UniBank filed a motion in court seeking to join the Attorney General in an ongoing case in court in which the Receiver of the Bank, is pursuing, an Accra High Court has joined the Attorney General and  Dr. Kwabena Duffuor and 16 others.

In the case, the Receiver has dragged the total number of 17 Shareholders of the bank to court to compel them to pay an amount of a GHC 5.7 billion debt they allegedly owe the defunct bank.

Speaking in Court, the case presided over by Justice Abena Dadzie, stated that: “It is hereby ordered that the Attorney-General be and is hereby joined to the suit as a defendant to the counter-claim. Let the title of the suit be amended accordingly to reflect the joinder.”

In their plea, the shareholders of the bank have stated that the central bank and the Government of Ghana were both misled by the audit firm, KPMG into believing that uniBank was being improperly managed and that the bank was likely to fall into insolvency.

Their stand is that the report that was handed to the Central bank by KPMG was erroneous and it formed the basis for the revocation of the bank's license.

The court upheld the shareholders’ request and directed that “all processes and those already filed in the suit should be served on the Attorney General who has been joined to the suit.”

Unibank which is one of the seven banks that was collapsed by the Central bank due to what it calls d poor corporate governance and mismanagement of depositors’ funds was merged together with the rest to form the Consolidated Bank.