The Akufo-Addo government is full of wickedness, UT Bank founder Prince Kofi Amoabeng has said.<\/p>\n\n\n\n
According to him, unlike former president John Mahama, who, in his view, was tolerant, President Akufo-Addo and his government are full of envy and jealousy; and quick to target people of fortune for persecution.<\/p>\n\n\n\n
\u201cOne thing I know is that, at least, with the NDC, envy and jealousy and persecutions were limited, if they existed at all\u201d, Mr Amoabeng told Nana Otu Darko on CTV\u2019s morning show Dwabre Mu on Tuesday, 4 October 2022.<\/p>\n\n\n\n
\u201cWith this government [Akufo-Addo administration], however, what you find is that, for some reason, they are full of wickedness\u201d, he noted.<\/p>\n\n\n\n
\u201cI mean, the way they willy-nilly pursue people who are supposed to be making it; it happened only in Rawlings\u2019 time and, so, for a civilian government, I find it surprising because my relationship with the NPP wasn\u2019t bad at all and if you want to close down a bank, I felt the least you could do is to call the directors of the bank and say, \u2018because of A, B, C, we are closing down the bank\u2019\u201d, he explained.<\/p>\n\n\n\n
\u201cThe bank cannot run away like a fugitive\u201d, Mr Amoabeng pointed out.<\/p>\n\n\n\n
UT Bank and some eight other Ghanaian banks were collapsed by the Bank of Ghana in the first term of President Nana Akufo-Addo for various infractions.<\/p>\n\n\n\n
Some of them had gone insolvent while others mismanaged bailout funds given to them by the Bank of Ghana, the Governor of the central bank announced at various media engagements during the financial sector clean-up exercise.<\/p>\n\n\n\n
Mr Amoabeng, however, said using armed security personnel to close down the bank in a war-like fashion spoke volumes of the kind of government Mr Akufo-Addo was leading.<\/p>\n\n\n\n
\u201cIn the morning [of the bank\u2019s closure], like a military operation, you organised the police and the press to go and close down a bank. The bank\u2019s insignia was vandalised as though they were bringing down an evil fetish god. That\u2019s what happened\u201d, he recalled.<\/p>\n\n\n\n
\u201cI was asleep at Kukurantumi when all this was happening\u201d, he revealed to Nana Otu Darko, noting: \u201cI was never told about the closure of the bank\u201d.<\/p>\n\n\n\n
In his view, \u201cIf you [government] felt because the bank was owing the Bank of Ghana, even if you wouldn\u2019t discuss that with us and were going to close the bank down, was that how to go about it?\u201d<\/p>\n\n\n\n
\u201cWith armed police to vandalise the bank\u2019s insignia?\u201d he wondered.<\/p>\n\n\n\n
\u201cBut I don\u2019t live in the past. I\u2019m a very happy person \u2026 Even if we were at fault, was that how to close down the bank?\u201d he stressed.<\/p>\n\n\n\n
He said: \u201cI\u2019m not saying they can\u2019t close down the bank; it\u2019s an option that they had but unfortunately, I personally don\u2019t agree with the option but I don\u2019t want us to go there\u201d. <\/p>\n","protected":false},"excerpt":{"rendered":"
The Akufo-Addo government is full of wickedness, UT Bank founder Prince Kofi Amoabeng has said. According to him, unlike former president John Mahama, who, in his view, was tolerant, President Akufo-Addo and his government are full of envy and jealousy; and quick to target people of fortune for persecution. \u201cOne thing I know is that, […]<\/p>\n","protected":false},"author":8,"featured_media":26266,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_post_source_name":"","_post_source_url":"","footnotes":""},"categories":[61,43,1],"tags":[13052,2309,7358,9330,3977,11700,12310,7807,3545,192,4521,1445,2264,6638,483,130,5572,281,11973,421,3805,2395,4197,5655,6348,7307,2394,5251,594],"class_list":["post-26265","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-local-news","category-news","tag-akufo","tag-akufo-addo-npp-government","tag-bank","tag-banks","tag-central-bank","tag-evil","tag-exercise","tag-fashion","tag-founder","tag-ghana","tag-ghanaian","tag-god","tag-government","tag-john-mahama","tag-ken-ofori-atta","tag-mahama","tag-military","tag-ndc","tag-one","tag-police","tag-president","tag-prince-kofi-amoabeng","tag-rawlings","tag-security","tag-us","tag-ut","tag-ut-bank","tag-war","tag-who"],"blocksy_meta":[],"_links":{"self":[{"href":"https:\/\/www.nsemgh.com\/api-json\/wp\/v2\/posts\/26265","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.nsemgh.com\/api-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.nsemgh.com\/api-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.nsemgh.com\/api-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/www.nsemgh.com\/api-json\/wp\/v2\/comments?post=26265"}],"version-history":[{"count":1,"href":"https:\/\/www.nsemgh.com\/api-json\/wp\/v2\/posts\/26265\/revisions"}],"predecessor-version":[{"id":50722,"href":"https:\/\/www.nsemgh.com\/api-json\/wp\/v2\/posts\/26265\/revisions\/50722"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.nsemgh.com\/api-json\/wp\/v2\/media\/26266"}],"wp:attachment":[{"href":"https:\/\/www.nsemgh.com\/api-json\/wp\/v2\/media?parent=26265"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.nsemgh.com\/api-json\/wp\/v2\/categories?post=26265"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.nsemgh.com\/api-json\/wp\/v2\/tags?post=26265"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}