Mark Arthur, a Ghana International Bank executive was sacked from his job after he deposited £350,000 in cash given to him by the King of Ghana. After depositing the funds, it was reported to have triggered a money laundering alert in London. The top banking executive was also investigated by the National Crime Agency.
According to Daily Mail, Mark Arthur was summoned to Osei Tutu II’s home in UK and given £200,000 as well as $200,000 and told to deposit the funds.
Despite the notes having consecutive serial numbers, Mr Arthur said he felt it inappropriate to question the king and made his way to the bank, via his own home, in an Uber cab.
When Mr Arthur deposited the cash at the Ghana International Bank a money laundering alert was triggered in the City of London, costing him his job.
Mr Arthur drove to his home in New Barnet, Hertfordshire, and then took an Uber taxi to the bank’s City offices to deposit into the king’s account, he told a tribunal.
The banker was told by Osei Tutu II that the cash had been withdrawn from banks in Ghana and brought over to Britain, he said in a witness statement.
The Ghanaian ruler also instructed Mr Arthur to transfer $200,000 to an account at Standard bank in Jersey.
Following the transfers, he was suspended and sacked, after an investigation by outside accountants Grant Thornton.
Mr Arthur is claiming wrongful and unfair dismissal as well as failure to protect a whistleblower.
The sacked banker failed to adhere to anti-money laundering rules and violated security policies, according to the Ghanaian bank.