His Royal Highest Oscar Yao Doe asks for an explanation on the 14bn spent on bank cleansing.
HRH Doe has called out the Finance Minister, Ken Ofori Atta, the Governor of the Bank of Ghana, Ernest Addison, a former Senior Partner at KPMG, Nii Amanor-Dodoo and Ose Gyasi, the head of Banking Supervision at the Bank of Ghana (BoG) to give a full account of 14Billion Ghana Cedis they reportedly spent on cleansing the banking sector.
The Ghanaian businessman also described in the post that the decision by the four men was of evil intention that has led to the fall of 11 Ghanaian-owned Banks, over 300 Savings And Loans banks and Microfinance companies, he further added that why such amount wasn’t used for bailout, as it is done in Europe and the United States of America.
HRH Doe stated at the tail end of his post that, Ghanaians deserve a concrete explanation without any bite-sized lie.
Read HRH Doe’s post below:
The Four Wise Men? In Ghana! History Scorecard: These 4: Hon Ken Ofori-Atta, Gov. Ernest Addison, Nii Deceiver-Dodoo & Osei Gyasi, Said They Have Used 14 Billion Ghana Cedis Tax Payers Money To Destroyed 11 Ghanaian Banks, Over 300 Savings And Loans Banks & Micro Finance Companies, Congratulations To Them, They Are Extremely Wise Men? They Are Very Smart Thinkers?
In 2007/08 The Us Government Intervened To Save Their Banks Through Government Initiated Bailouts. The Effect Of The Us Banking Crisis Spilled Over To Europe, The European Commission Responded Swiftly By Creating Laws Within Their Own Stringent Laws To Pave Way For European Countries To Bailout Their Local Banks, The Did Exactly That.
What Stopped These 4 Men ( Ken Ofori-Atta, Ernest Addison, Nii Deceiver-Dodoo & Osei Gyasi) From Paying Government Of Ghana Contractors Debts Owed To The Ghanaian Banks At The Time? Who Stopped These Wise Men? From Helping Our Own Indigenous Businesses To Survive Any Challenges They May Have Been Going Through? Is The Destruction The Only Option? Bold No No No.
The News Could Have Been That We Used 3 Or 4 Billion Ghana Cedis To Bailout (Saved ) Our Ghanaian Banks. But Instead, We Are Told 14 Billion Ghana Cedis Has Been Used To Cleanse The Banking System In Ghana? In Their Own Grammar! Really? Time Will Tell:
Please Give Breakdown To The Nation How The 14 Billion Ghana Cedis Was Spent? You Have An Obligation To Give An Accounts To The Ghanaian People If You Believe Strongly It’s The Truth. Using 14 Billion Ghana Cedis To Killed Dreams And Aspiration Is Madness And Unwise. Wrong Decision. Evil Intentions.