The main bank account of Ghana Premier League side, Asante Kotoko has been temporarily frozen, according to Kessben Sports.
The decision to freeze the account was taken following the exit of the board and management, prompting the club’s ownership to order an audit of the accounts.
As a result of the ongoing audit, no funds can currently be credited or debited from the club’s account. To manage day-to-day activities and other operational duties, an alternative account has been created for incoming and outgoing cash flows during this period.
With the expiration of the Dr. Kwame Kyei-led Board’s mandate earlier last month, Asante Kotoko is embracing change and is looking forward to a promising future under the leadership of the Interim Management Committee.
As the GPL side goes through this period of transition, His Majesty Otumfour Osei Tutu II has named an Interim Management Committee to manage the club.
Head coach, Prosper Narteh Ogum and former Black Stars boss, James Akwesi Appiah are the two notable names on the committee, with the latter acting as the Technical Advisor for the club and the former returning to the club for a second stint.
The primary responsibility of the IMC is to ensure Asante Kotoko complies with all the statutory obligations of the Ghana Premier League and prepares a strong and competitive team for the upcoming season.
