ADB Management Denies Workers' Strike

The management of the Agricultural Development Bank has assured customers that all branches of the bank as well as the head office are open for business.

A statement issued by the Communications & Public Affairs Unit of ADB Thursday said management’s attention had been drawn to stories in the media about a supposed illegal sit down strike by staff of the Bank being orchestrated by UNICOF and that the announcement was untrue.

The Professional and Managerial Staff Union and the Local Union of ADB late Wednesday evening issued instructions to members to embark on a sit-down strike beginning today, Thursday to back demands for the Board and Managing Director of the bank to step aside for a probe of allegations of gross incompetence and corruption raised by the joint unions.

However the bank’s management, per the statement issued by the Communications & Public Affairs Unit, says all its outfits are operating and rendering all banking and customer services.

“Agricultural Development Bank Limited wishes to inform and assure its numerous cherished customers and the general public that the all its Branches and head office departments are operating and are opened for business and rendering all banking and customer services.

“Management’s attention has been drawn to stories in the media about a supposed illegal sit down strike by staff of our Bank being orchestrated by UNICOF. Management wishes to inform the general public the announcement is untrue.

“We hereby inform all cherished customers that the Bank is opened to business today and all its customers are encouraged to enter any of our over 78 branches to transact business.”

There have been agitations at the state owned enterprise for some months now since news broke of management’s intended public listing of the bank to seek capital injection into its operations.

The wholly-owned state enterprise has the Ministry of Finance holding 51.8% shares and the Bank of Ghana 48.2%.