“Banking sector cleanup more beneficial than jobs lost through the exercise says Professor Boadi”
Is this the official position of Dr. Bawumia and the NPP?
@pknduom
Ken Ofori-Atta decided not to pay GN contractors knowing that it would squeeze liquidity out of GN companies and make them unable to meet customer redemption requests. He went to Cabinet to request the revocation of their licenses.
@pknduom
Ken Ofori-Atta knew what he was doing when his actions forced BOG and SEC to revoke the Gold Coast/BlackShield and GN Bank licenses. When they took over in 2017, they saw huge debts owed to GN funded contractors after they froze all contractor payments and projects.