Pastor Mensa Otabil, Otabil & Associates, Central University College and International Central Gospel Church [ICGC: where Ken Ofori-Atta worships] were share holders in Capital Bank…
Pastor Mensa Otabil was the Board Chairman of Capital Bank at the time the Bank of Ghana gave the liquidity support which was misappropriated or stolen…
Ato Essien and two others were arrested, charged and prosecuted for stealing the money…
Ato Essien was convicted of stealing the money, while the other two were acquitted and discharged.
Ato Essien, however, was set FREE in a deal with the Attorney-General, to return the STOLEN MONEY to avoid going to JAIL.
Pastor Mensa Otabil, despite supervising the Capital Bank at the time of the theft and collapse of the Bank, ironically managed to escape any mention in the media or court concerning the Capital Bank Money Stealing Case…
Many expected that Pastor Mensa Otabil will be the State”s Star Witness in the trial, to avoid prosecution…
Rev. Dr. Martey’s views on Capital Bank and Databank will be very interesting; unfortunately he has become a DUMBDOG and gone SILENT.
#Nyansafuoèé
Databank is demanding the same liquidity support that the Bank of Ghana gave Capital Bank and the other Banks collapsed by Ken Ofori-Atta…
The Bank of Ghana gives liquidity support to Banks when they cannot pay clients as is happening in the case of Ken Ofori-Atta’s Databank.
Ken Ofori-Atta announced that the government will be offering liquidity support for financial institutions affected by his Debt Exchange Programme haircut…
Will Rev. Dr. Martey advocate for the collapse of Databank and included in the Consolidated Bank Ghana?
Recall that the collapsed Banks were treated in two differrent ways, to protect “friends” from prosecution and save their assets while “foes” were criminalised…
Will Databank which was a direct beneficiary of the binge borrowing it advised that has gotten Ghana into the unsustainable debt situation which has necessitated debt restructuring in order to get an IMF BAILOUT; be allowed to be saved by Ken Ofori-Atta because he is still Finance Minister?
The restructuring of the debt restructuring will continue, the rescheduling will not end as Ghanaians’ opposition to the debt exchange programme grows…
The debt and revenue gap requires prudence in expenditure.
Unfortunately, the large size of the Akufo-Addo-Bawumia government is not reducing its size to save on the expenditure side but rather taxing suffering Ghanaians to increase revenue…
The Akufo-Addo-Bawumia government is not being prudent in spending the expected revenue allocated in the 2023 Budget…
Ghanaians have hailed Parliament for slashing the frivolous Appropriations in the 2023 budget particularly the Office of the President, Contingency Vote and Cathedral Project though they want more haircuts in the 2023 budget.
The Akufo-Addo-Bawumia government is still keen on spending State funds on the frivolous Cathedral [which Pastor Mensa Otabil resigned from]; despite Parliament voting against the 80million budgeted for the Cathedral and the picketing, President Akufo-Addo has vowed to continue building his Cathedral which he still considers his Priority of Priorities…
The Chiefs Ppetitioned Parliament to stop the Cathedral Project completely and immediately return the prime Osu Mantse Layout land to the Original Land Owners.
Government may subsequently properly re-acquire the land for a specified public interest and not hand it to private persons for a public purpose depriving the Original Land Owners of their Lands FOREVER.
#Nyansafuoèé
Perhaps, the Cathedral may be relocated to Bawku, to help stop the fighting there…
Joy News reports that men in military uniforms opened fire on innocent Ghanaians in Bawku killing and wounding many;
QUESTION:
Were they Russian Wagner Mercenaries or men from the Ghana Armed Forces or Insurgents?
The proximity of the Cardinal Mine brings the statement made by President Akufo-Addo to the USA Government about the threat of Russian Mercenaries mining close to the Ghana-Burkina Faso border echoing back…
What is the impact of the fifteen (15) Forward Operating Bases of the Ghana Armed Forces in the northern regions?
STAY TUNED.
By Prince-Derek Adjei