Founder and former Chief Executive Officer of the defunct UT Bank, Prince Kofi Amoabeng, says he finds no satisfaction in the legal difficulties facing former Finance Minister Ken Ofori-Atta, insisting that justice must be pursued without prejudice and through due process.
Speaking on JoyNews AM Show, Capt. Amoabeng said suggestions that he should celebrate the former minister’s predicament miss the point entirely.
“I don’t wish anyone harm,” he said, stressing that his consistent position has been that institutions must be allowed to work and allegations must be tested in court.
Drawing from personal experience, Amoabeng lamented what he described as the painfully slow pace of justice in Ghana.
He revealed that criminal proceedings against him following the collapse of UT Bank have dragged on for seven to eight years with little progress.
“That is not justice,” he argued, warning that prolonged trials punish accused persons without resolution.
On the substance of the allegations against Ofori-Atta, Amoabeng was unequivocal: guilt must be proven, not presumed.
“Until the state proves that Ken did something that caused financial loss to the nation, he is not guilty,” he said, adding that the burden of proof lies squarely with the prosecution.
He acknowledged, however, that the former finance minister’s absence from the country complicates matters and fuels speculation.
While refusing to judge Ofori-Atta’s decision, Amoabeng noted that remaining outside the jurisdiction often creates the public impression of avoiding accountability—fair or not.
Reflecting on the UT Bank crisis, Amoabeng recalled rejecting advice to leave Ghana at the time. “I stayed because I believed I had nothing to hide,” he said, adding that cooperation with investigations is often the surest path to clarity.
Despite the controversy, Amoabeng said he harbours no resentment.
He disclosed that he has not spoken to Ofori-Atta since UT Bank’s collapse but described him as “a brother” nonetheless. “There is no bitterness in my heart,” he said, noting that he continues to pray for a peaceful and lawful resolution to the matter.
His message, he stressed, is simple: let the courts decide—without haste, without hatred, and without prejudice.

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