Kofi Amoabeng

Kofi Amoabeng has been spotted dancing happily even though he owes a lot of Ghanaians.

Prince Kofi Amoabeng, Ghanaian businessman and a former military officer of the Ghanaian Armed Forces who was also a co-founder of UT Bank which collapsed in 2017 during Ghana’s banking crisis and amid allegations that he had misappropriated funds from the bank shared a video of himself dancing.

In the video, the highly indebted man could be seen showcasing some crazy dance moves regardless of his numerous problems.

Amoabeng was standing trial for allegedly stealing about GH¢100 million from customers of the defunct UT Bank.


He was said to have invited people to invest with the bank, but failed to credit the investors’ accounts and rather transferred the money to UT Holdings, the parent company of the defunct bank.

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According to the prosecutor, the said transaction was part of a report by the auditing firm, PricewaterhouseCoopers (PwC), which looked into “suspicious transactions” relating to the defunct bank.

The prosecutor made a case that GH¢51.33 million and $8.61 million were transferred from UT Bank to UT Holdings.

Luckily, the Accra Circuit Court discharged as they discontinued his case.

Meanwhile, the prosecutor, Assistant Superintendent of Police (ASP) Emmanuel Nyamekye, informed the court that the prosecution intends to file a fresh case at the High Court.

Watch the video below:

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