Know who to blame and who to praise the banking crisis – Otchere-Darko



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General News of Monday, June 10, 2019

Source: Myjoyonline.com

2019-06-10

Gabby8 Gabby Asare Otchere-Darko

A leading member of the ruling New Patriotic Party (NPP) said that even though he understood the frustrations of the people who lost their jobs in the banking crisis, the government did not have the same. choice.

Gabby Asare Otchere-Darko has written extensively on Facebook that the inevitability of the collapse of banks, brought on by years of neglect, forced the government to step in to protect depositors.

The 11.5 billion Cedis used by the government to save the depositors, he said, are the money that would have been well spent for the priority projects of the nuclear power plant.

"It's 11.2 billion GH ¢ that could have repaired our roads, our schools, our drains, our health centers, etc. Think of this government because it has been compelled by circumstances not peculiar to it to spend a lot of money, not for its own priority programs, but on the negligence and alleged crimes of others, "he said. he writes.

Mr Otchere-Darko said that it was necessary to emphasize the fact that "the National Democratic Congress has ruined the banking system. They led the banking sector to the brink of collapse by creating a lax system that allowed for various unconventional practices in the sector. This is what is being settled by the New Patriotic Party and will cost you, the taxpayers, very dearly! Knowing who to blame and who to hire

He listed a litany of offenses that resulted in the situation in which it became untenable that the banks remain in the state in which they were located.

Read here the full article and the arguments of the private law practitioner.

In our previous publication, we had incorrectly titled the article, but we have since corrected it.

For more news, go to myjoyonline.com

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