Ato Essien will not spend 15 years in prison - Nigel Gaisie

Prophet Nigel Gaisie, the founder and leader of Prophetic Hill Chapel, has prophesied that former Chief Executive Officer (CEO) of the now-defunct Capital Bank, Ato Essien, will not serve his full 15-year prison sentence.

Ato Essien was sentenced on October 12, 2023, after failing to fully repay an amount of GH¢90 million, as per the

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Prophet Nigel Gaisie, who had previously foretold the imprisonment of a former CEO, has now affirmed that his prophecy was about Ato Essien.

He wrote on Facebook, hours after the sentence was handed down: “Who remembers...the Exact prophecy I was inspired to give about this case before it even began, guess. Sad moments but the Lord, just told me this afternoon that *HE WILL COME OUT SOON...the 15 years will not STAND....PNG”.

Ato Essien's legal troubles stem from his involvement in the collapse of Capital Bank. He had pleaded guilty to 16 counts of stealing, money laundering, and conspiracy to steal. Under section 35(7) of the Courts ACT 459, a plea bargain was reached, requiring him to repay GH¢90 million to the state.

Ato Essien had made an initial payment of GH¢30 million on December 13. However, he failed to meet the remaining GH¢60 million installment deadlines in 2023.

The state had been resolute in its stance that missing any of these payment deadlines would lead to a custodial sentence.

When Ato Essien was unable to fulfil his financial obligations, the court imposed a 15-year prison sentence on October 12, 2023.

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