Banking Crisis: All Involved Will Be Prosecuted – Akufo Addo

President Akufo Addo says all persons found to have played any culpable role in the breach of the country’s banking regulations and the subsequent collapse of the banking sector will be brought before the law to answer for their deeds.

The Presbyterian Boys’ Secondary School (PRESEC) @ 80 Grand Durbar, held on the school’s field under the theme; “Powerful Past, Prosperous Present and Prominent Future,” was the forum through which the President aggregated this position of his administration’s.

“It is not right that the overwhelming majority of ordinary Ghanaians should pay for the actions of a greedy few without sanction.

“I can assure the Ghanaian people that those responsible for the sequence of events and activities that led to the banking crisis will face the full brunt of the law if they are found to have violated and broken the law,” the President added.
President Akufo Addo as part if his participation at the durbar inspected and commissioned three projects that have been completed on the campus. The projects are a Visual Art Complex, an E-Library and the Appeadu House (a dormitory block).

PRESEC

Presbyterian Boys’ Secondary School (PRESEC) is a secondary boarding school for boys, founded in 1938, under the auspices of the Presbyterian Church of the Gold Coast. The progenitor of the idea for the school was the Basel missionary, the Reverend Nicholas Timothy Clerk (1862 – 1961) who served as the first Synod Clerk of the Presbyterian Church of the Gold Coast from 1918 to 1932. The school has ties with its sister school, Aburi Girls’ Senior High School.

The school’s crest has a shield with the Presbyterian symbol (the St Andrew Cross-Scottish flag with the Swiss Flag embedded and a burning torch in the middle) with the motto of the school, “In Lumine Tuo Videbimus Lumen”, meaning “In Thy Light We Shall See Light”, scrolled beneath the shield. The school was originally located in Odumase-Krobo in the Eastern Region of Ghana before moving to its current location in Legon, Accra in 1968.The school anthem is “Happy Are We”, written by J. L. Anang.