Plans to purchase 74.48% of AfrAsia Bank shares were foiled by a bank shareholder and his wife. The transaction was brought before the court by the same couple sitting on interim measures, to prohibit the sale of these shares to a group of Ghanaians from AFG Holding.

On Sunday, March 12, after reviewing the documents filed by this shareholder, the judge issued an injunction against AFG Holding. He was thus prohibited from going ahead with his plan to buy 74.48% of AfrAsia Bank shares. The board of AfrAsia Bank had informed its shareholders and the general public that AFG Holding (AFG) had signed an agreement with the National Bank of Canada and minority shareholders to acquire 74.48% of AfrAsia's shares. According to the information, the value of this transaction would amount to approximately 6 to 7 billion rupees. The case was postponed to 27 March. According to a press release, this transaction will have no impact on AfrAsia Bank's operations, which will be supported by its board of directors and management team.