1.0Citi 97.3 FM - Relevant Radio. Alwayshttps://citifmonline.comKojo Akoto Boatenghttps://citifmonline.com/author/kojo/Fortitz's acquisition of extra UMB shares illegal if ... - Mahama Iddrisu - Citi 97.3 FM - Relevant Radio. Alwaysrich600338<blockquote class="wp-embedded-content" data-secret="jIwFP3sUN0"><a href="https://citifmonline.com/2017/08/fortitzs-acquisition-of-extra-shares-in-umb-illegal-mahama-iddrisu/">Fortitz’s acquisition of extra UMB shares illegal if … – Mahama Iddrisu</a></blockquote><iframe sandbox="allow-scripts" security="restricted" src="https://citifmonline.com/2017/08/fortitzs-acquisition-of-extra-shares-in-umb-illegal-mahama-iddrisu/embed/#?secret=jIwFP3sUN0" width="600" height="338" title="“Fortitz’s acquisition of extra UMB shares illegal if … – Mahama Iddrisu” — Citi 97.3 FM - Relevant Radio. Always" data-secret="jIwFP3sUN0" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"></iframe><script type="text/javascript"> /*! This file is auto-generated */ !function(c,d){"use strict";var e=!1,o=!1;if(d.querySelector)if(c.addEventListener)e=!0;if(c.wp=c.wp||{},c.wp.receiveEmbedMessage);else if(c.wp.receiveEmbedMessage=function(e){var t=e.data;if(!t);else if(!(t.secret||t.message||t.value));else if(/[^a-zA-Z0-9]/.test(t.secret));else{for(var r,s,a,i=d.querySelectorAll('iframe[data-secret="'+t.secret+'"]'),n=d.querySelectorAll('blockquote[data-secret="'+t.secret+'"]'),o=new RegExp("^https?:$","i"),l=0;l<n.length;l++)n[l].style.display="none";for(l=0;l<i.length;l++)if(r=i[l],e.source!==r.contentWindow);else{if(r.removeAttribute("style"),"height"===t.message){if(1e3<(s=parseInt(t.value,10)))s=1e3;else if(~~s<200)s=200;r.height=s}if("link"===t.message)if(s=d.createElement("a"),a=d.createElement("a"),s.href=r.getAttribute("src"),a.href=t.value,!o.test(a.protocol));else if(a.host===s.host)if(d.activeElement===r)c.top.location.href=t.value}}},e)c.addEventListener("message",c.wp.receiveEmbedMessage,!1),d.addEventListener("DOMContentLoaded",t,!1),c.addEventListener("load",t,!1);function t(){if(o);else{o=!0;for(var e,t,r,s=-1!==navigator.appVersion.indexOf("MSIE 10"),a=!!navigator.userAgent.match(/Trident.*rv:11\./),i=d.querySelectorAll("iframe.wp-embedded-content"),n=0;n<i.length;n++){if(!(r=(t=i[n]).getAttribute("data-secret")))r=Math.random().toString(36).substr(2,10),t.src+="#?secret="+r,t.setAttribute("data-secret",r);if(s||a)(e=t.cloneNode(!0)).removeAttribute("security"),t.parentNode.replaceChild(e,t);t.contentWindow.postMessage({message:"ready",secret:r},"*")}}}}(window,document); </script> An investment Analyst, Mahama Iddrisu has argued that some processes in private equity fund, Foritz’s 2013 acquisition of extra shares in Merchant Bank, now UMB Bank, may have been illegal. According to him, if the claim by the two major shareholders, SNNIT and SIC Life, that they were not involved in the processes is true, then […]