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STC Minority Shareholders Booted Out.
(From Ghanaian Chronicle - AAGM)
Byline: George Kyei Frimpong
... Slapped with causing financial loss
The TWO minority shareholders of the Inter City STC Coaches Limited, Messrs David Ofosu Dorte, a director, and James Owusu Bonsu, chief executive, have been booted out of their shareholding capacity for allegedly causing a financial loss of over cents27 billion to the company.
The majority shareholder, the Social Security and National Insurance Trust (SSNIT) has now taken over the 7% and 0.5% shares that Mr. Dorte and Mr. Bonsu respectively held.
A letter to the General Transport, Petroleum and Chemical Workers' Union, which …
