"Under Akufo-Addo, bankers have become kebab sellers" – Akamba

Sunday, July 14, 2019 Policy

Source: clbadfmonline.com

2019-07-14

Some Ghanaian bankers have been reduced to selling kebab because the Akufo-Addo government has collapsed nine local banks in the country, said Joshua Akamba, the national organizer of the main opposition congress, the main opposition party, the NDC.

Mr. Akamba, who discussed the Deputy Director General of NADMO (National Disaster Management Organization) and Mr. Abu Ramadan at the CTV political forum on Ghana, Kasa, hosted by Israel Venunye, on Wednesday evening (10 July 2019), after Tuesday's speech. The demonstration? Ko, organized by the Coalition for Social Justice, said that Ghanaians had only known the suffering and hardships of President Nana Akufo-Addo.

"The banks were collapsed" by the Akufo-Addo government, he said, adding: "People working in the banking sector have now become kebab sellers" following the bankruptcy of some banks in the country. Bank of Ghana which, he said, led to the loss of several jobs.

Mr. Akamba referred to the bankruptcy of Heritage Bank, whose license had been revoked by the central bank, "simply because" its majority shareholder was on trial for an unrelated case.

The central bank revoked HBL's license on Friday, January 4, 2019 on the grounds that the majority shareholder, Mr. Seidu Agongo, had used, among other things, the proceeds of alleged fraudulent contracts that he had the Ghana Cocoa Board (COCOBOD), for which Stephen Opuni, former CEO of COCOBOD, is currently trying to create his bank.

Dr. Ernest Addison, governor of the central bank, told reporters, when he asked him if he did not deem premature action, that the COCOBOD case was still before the courts : that "the question of Heritage Bank, I wanted to approach the law with you, I do not know if I should do it, but we do not need the court decision to make the decisions we made. We need to secure sources of capital to authorize a bank, if we have doubts, if we think it's suspicious, it's on that basis that we find it's not acceptable as capital. We do not need the court to decide whether a person is "fit and fit", the mere fact of being involved in a case involving criminal proceedings makes you unfit. "

HBL was added to the newly established state-owned Consolidated Bank Ghana Limited (CBG), which was created during the collapse of five local banks last August. They included Royal Bank, Beige Bank, Construction Bank, Sovereign Bank and UniBank. Premium Bank has also been added to CMG after its collapse.

Most recently, HBL employees accused PricewaterhouseCoopers' (PwC) receiver, Mr. Vish Ashiagbor, of dismissing them.

According to them, Mr Ashiagbor refused to pay what was due to them.

Judge Bonney, who spoke on behalf of staff, questioned the legitimacy of the package being negotiated.

He also stated that they were not consulted during the selection of the person representing the staff during the negotiations.

"They agreed on a salary cap of 20,000 GHS, set at three and a half months, with fuel allowance for the first quarter and then clothing allowance for the first quarter."

"We have not received any communication from our representatives and before we realize that this agreement was signed on our behalf. Our human resources manager [was not supposed to be] a representative on this bargaining table to the best of our knowledge. "

"Our position is that even with the memorandum of understanding, we were not informed and it was signed by someone who did not represent our interests," said Mr. Bonney.

In total, about 1,600 bankers lost their jobs during the central bank's clean-up exercise, which began with the collapse of UT Bank and Capital Bank. Both were absorbed by the GCB bank.

Mr. Akamba asked why the Akufo-Addo government would simply kill companies without worrying about the impact of such actions on the ordinary Ghanaian.

"If you collapse banks, think of the ordinary Ghanaian because when he was working, he was not asked if he was a member of the NDC or the NPP. So, people are wandering out of jobs as a result of the collapse of businesses by this government. "

Siding on the collapse of Menzgold Ghana Limited to back up his statement, Mr Akamba said: "Menzgold's customers have said that without the intervention of the Akufo-Addo government they always received their money regularly.

In addition, Akamba said President Akufo-Addo did not bring anything by "tension on tension in the country" or "so much nepotism".

He also noted that the lies and 419 (deceptions) became the title of the Akufo-Addo government, and he wondered why Mr. Ramadan's brother-in-law, Vice President Mahamudu Bawumia, had "become suddenly a "Vice President President" "and" no longer talks about the economy and the exchange rate "as he did in the run-up to the 2016 elections." He fled " said Mr. Akamba.

In his opinion, the Akufo-Addo government's promise of a district to a factory is "419". "They continue to lie," he said. "The Vice President continues to lie to Ghanaians." "NPP members are crooks and crooks. They have no credibility, "said Akamba.

He added that the anger of the ordinary citizens who had called for the demonstration against the Akufo-Addo government had been demonstrated by the fact that the taxi and trotro drivers had parked their car and had joined the demonstration because they were struggling to sell the current government.

Mr. Akamba also stated that: "A dedicated NPP man who had been admitted to the hospital joined the protest". "I will not mention his name. I personally dropped him off at the hospital after the protest, "he told Israel Venunye, adding," Even the police and soldiers joined the demonstration; Customs officers too.

In his opinion, there are currently two different versions of the PNP: the ruling NPP led by President Akufo-Addo and his family, friends and friends, and the NPP, still in opposition by loyalist opposition. of former president John Agyekum Kufuor.