Bolgatanga Central MP Isaac Adongo has called for the arrest of Finance Minister Ken Ofori-Atta for, according to him, using GHS15.6 billion of taxpayers’ money to collapse nine local banks.
The opposition member of Parliament’s Finance Committee said the banks would not have collapsed if Mr Ofori-Atta had settled contractors who borrowed loans from the now-defunct banks so they could be afloat.
Mr Adongo questioned why Mr Ofori-Atta refused to pay the banks the GHS5.7 billion owed them but doled out GHS15.6 billion to collapse them.
His comments follow the arrest and arraignment of the founder and former CEO of UT Bank, Mr Kofi Amoabeng and the founder and former CEO of The Beige Bank, Mr Mike Nyinaku, who is on remand.
They have both been charged with stealing and money laundering.
Speaking on Accra FM, the lawmaker said the Minister of Finance should rather be arrested and not the founders and managers of those banks.
“If President Akufo-Addo wants to penalise managers behind the collapse of the banks, then he should have first arrested his cousin Ken Ofori-Atta, the Finance Minister. The banks wouldn’t have collapsed if the Finance Minister and the government had settled the debts of contractors who were also the main debtors of the collapsed banks. The President should be bold and arrest Ken Ofori-Atta before he makes any move to prosecute the accused bank managers,” Mr Adongo said.
He described the arrest of the two bank founders as a show off, adding that only the court can determine their guilt or innocence.
Mr Adongo wondered why the government, after destroying banks belonging to people it perceives as opposition elements, is still bent on tarnishing the images of those people.
Source: Class News
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@Nee you are the one who has no clue what finance is. @Cranker Adongo is gyimigyimi but has found his way to parliament, how about you? @ato - Adongo is a khebab seller which is a job and is now in parliament what have you done for your country? you can not even spell khebab correctly. What he is saying is the fact. You all hide behind computers/laptops and insult people but jealous of the person. You all have no clue what is going on, ***barred word*** is such a big disease
OH GHANA, WHY ALL THIS INSULT?
MR. ADONGO, ACCOUNTABILITY IS WAITING EAGERLY FOR THEM (AKUFO ADDO AND FAMILY MEMBERS). THE HAGE (NETHERLANDS) WILL BE THE FINAL JUDGE FOR THEM. ANY MONEIES BORROWED AND TRANFERRED TO FOREIGN BANKS CONTAINING PSEUDONYMS WILL BE UNVEILED AND THE AMOUNTS TRANSFERRED BACK TO GHANA LIKE WHAT BUHARI DID IN NIGERIA. BORROWING SO MUCH MONEY WITHOUT ANYTHING CONCRETE TO SHOW OFF.
Adongo, you are an MP and you can get some policemen from your constituency to go and arrest him or send your macho men to go and bring Ofori-Ata to you if you don't have a personality like him in your familyor you can mobilise your NDC people to demonstrate (what NDC is known for) against him, or picket in his house. What does Adongo know about finances and management? Annoying!!!
So we still have primitive people in Ghana;which is better? Eating dog meat n selling kebab or being a ***barred word*** n a merderer? Learn to address issues instead of attacking personalities we are in the 21st century so wake up from your sleep.
IS THIS GUY OPPOSITION MEMBER OF PARLIAMENT'S FINANCE COMMITTEE? SAD!!
Dog meat eater...Go and arrest him yourself.... What at all is wrong with these NDC people?
guy wei de3 gyimie nkoaa
Really? Why is this guy making bad news and ridicule himself all the time. Is he really an MP?. If yes, what went wrong with NDC selection that they made him their candidate. He is more than a joker. He has no clue what finance and managing a country is all about. Someone should please tell him to just close his mouth for it will serve him better than the ***barred word*** noises that he has been making. He is loosing the little credibility is left of him as an MP. Chai !!!
This gyimigyimii Adongo koraa why