Biography of prince kofi amoabeng profile

Ghanaian businessman

Prince Kofi Amoabeng (born February 22, 1952) is a Ghanaian businessman and a former military officer of the Ghanaian Armed Forces.

He caused a paradigm shift in the lending industry in Ghana by founding Unique Trust Financial Services with three employees and grew it into a robust holding company, UT Holdings, with several subsidiaries both locally as well as in Africa and Europe.^[1]UT Bank, which he co-founded, collapsed in 2017 during Ghana's banking crisis amid allegations that he had misappropriated funds from the bank.^{[2][3][4][5][6][7]} He is currently subject to ongoing court battles regarding these allegations following his arrest on 14 January 2020, and release on bail of 110 million cedis.^[8][9][10]

Early life

Amoabeng was born on 22 February 1952 in Bososo in the Eastern Region of Ghana.^[11]

Education

Amoaben