Eland International Ghana Limited.

The West African country's National Investment Bank (NIB), which is majority owned by the Ghana state, guaranteed promissory notes issued in May 2007 by food trader Eland International Ghana Limited. The notes were due for repayment on Jan. 29, but no payment was made. The head of a state-controlled bank in Ghana has subsequently been charged with causing financial loss to the state. Gyimah had tried to initiate repayment of the $60 million promissory notes, but the payment stalled when documentation relating to the guarantee agreement between Eland and NIB could not be found.