The office of the Attorney General and Minister of Justice has declined a Right to Information (RTI) request filed by Emmanuel Senyo Amekplenu, alias Mayor Senyo, citing ongoing review processes surrounding the controversial 60/40 recovery arrangement linked to the uniBank case.
In a formal response dated March 18, 2026, the Attorney General’s office acknowledged receipt of the request, which sought details on the reported “60/40 agreement” involving the state and businessman Kwabena Duffuor.
However, the office stated that it is unable to disclose the requested information at this stage.
According to the letter, the matter remains under “active consideration” by both the Attorney General’s office and the Ministry of Finance.
The Attorney General explained that the receiver has already submitted a proposal on the issue, which is currently being reviewed by relevant state institutions.
The office assured the applicant that disclosure may be considered once a final determination is made in accordance with the law.
The development adds a new twist to public debate surrounding the Attorney General’s controversial 60/40 recovery agreement, which has been widely discussed since July 2025.
Highlight of Deputy Attorney General’s press release in July 2025 on the 60/40 threshold:
The case, formally known as The Republic v. Kwabena Duffuor & 7 Others (CR/0248/2020), was a key part of the broader financial sector clean-up exercise initiated by the State in 2018.
The charges in this case also implicated other individuals, including a former Deputy Governor of the Bank of Ghana, Johnson Asiama, who faced accusations of facilitating financial impropriety.
According to the Deputy Attorney General’s press release in July 2025, the Office of the Attorney General, in collaboration with other relevant State agencies such as the Economic and Organised Crime Office (EOCO), established a threshold of 60% recovery of the alleged losses as a condition for reconsidering prosecution in specific cases.
“Following prolonged negotiations and engagements, the accused persons in The Republic v. Kwabena Duffuor & 7 Others case have met this recovery threshold,” the statement read.
Defending the decision at the time, the Attorney General’s office argued that the primary objective of such prosecutions is to retrieve state funds rather than pursue lengthy legal battles with uncertain outcomes.
He maintained that continuing the case after substantial recovery would not serve additional public interest.
Background to the Financial Sector Clean-Up in 2018/19:
Ghana’s banking sector experienced a significant crisis between 2017 and 2019, leading to the collapse of several indigenous banks, including uniBank, UT Bank, Capital Bank, and others.
The Bank of Ghana embarked on a comprehensive clean-up and recapitalisation exercise, citing insolvency, weak corporate governance, related-party lending, and unsustainable business models as key reasons for the failures.
This exercise, aimed at restoring confidence and stability to the financial system, resulted in the revocation of licenses, mergers, and the creation of Consolidated Bank Ghana (CBG) to absorb the assets and liabilities of some of the distressed institutions.
The cost of the clean-up to the taxpayer was substantial, estimated to be in the billions of Ghana cedis, necessitating efforts by the government to recover lost funds and hold those deemed responsible accountable.
The Economic and Organised Crime Office (EOCO) played a crucial role in investigating and prosecuting cases arising from the crisis under the authority of the then Attorney General.
Mayor Senyo’s RTI request is understood to be part of broader efforts to obtain transparency on the agreement and its terms. However, with the Attorney General’s latest response, access to such details remains restricted, at least for now.
