Akufo-Addo government failedsome banks because of personal vendetta - Mahama
John Dramani Mahama, the National Democratic Congress (NDC) flag bearer for the 2024 general elections, has criticizedthe current government for the failure of some private banks.
He said the New Patriotic Party (NPP) government led by President Nana Addo Dankwa Akufo-Addo caused some banks to fail because of personal reasons. While speaking to business leaders in Accra, the former president said he would review and restore some of the revoked licenses if he wins the 2024 general election. "In fact, Igave you an example, I said that a bank was closed because there was a criminal caseagainst the main owner. It hasnothing to do with the bank, there may be cases like more than that, so we have to checkall of them and see if this deduction is correct or not.” "The truth is even if you want to put such a situation, in the debt reform program (DDEP), you have to close the existing banks? This DDEP has destroyed the existing banks. If you apply the same principles that you have applied to the community banks, maybe you [the government] will de-authorize some of the existing banks,” explained the former president. Advertising
Recently, John Mahama mocked the NPP government for referring Ghana to the International Monetary Fund (IMF). According to him, the fact that Ghana is seeking IMF assistance is a clear indication that President Nana Addo Dankwa Akufo-Addo's mantra of "Ghana Beyond Agenda" is empty talk.
John Mahama gives UDS a welcome speech after winning the flag bearer election John Mahama gives UDS a welcome speech after winning the flag bearer election Addressing the special guest of honor at the 7th Ghana CEO Summit, Mahama said, “Indeed,our return to the IMF – cup in hand – has made our Ghana policy beyond aid a joke among many. speaking around the world". He said that this will require the ability to determine our economic policies that prioritize the interests of our citizens and create an environment that helps promote growth and sustainable development for job creation. This program, approved by the Board of Directors of the IMF, is spread over 36 months under the Office of Financial Extension.
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