Former Capital Bank CEO Ato Essien jailed 15 years

William Ato Essien is the Founder & President of Essien Swiss International Capital Holdings, ESICH Life Assurance Company Ltd, and Ocean Spring Natural Mineral Water. He is also a Partner Director for Lloyds Brokers Company Limited.

Capital Bank was founded by William Ato Essien on 29 October 2009 as a microfinance company.

Founder of the defunct Capital Bank has been sentenced to 15years in Prison by an Accra High Court for stealing over 90million Ghana cedis from the Bank of Ghana's Liquidity support to the now defunct financial institution.
This comes after his inability to fully pay the siad amount back to the state after agreeing to do so despite being afforded the Opportunity.