SPONSORSHIP AD HERE  
Social

We invite commentaries from writers all over. The subject is about Ghana and the world. We reserve the right to accept or reject submissions, but we are not necessarily responsible for the opinions expressed in articles we publish......MORE

Home

 
 
 
 
In the news
 
 
 
 
 
 
 
 
 
 
 

Press Release

AFAG

December 05, 2013

 

SSNIT BOSS & BANK OF GHANA GOVERNOR MUST RESIGN


In the wake of Ghana’s most gruesome transaction, the Alliance for Accountable Governance (AFAG) is shocked to learn that, an unsigned statement from Fortiz Equity Fund limited has been issued notifying the public of its 90% shares acquisition in Merchant Bank Ghana. This action by these public institutions goes contrary to the spirit and letter of the law in the face of the court granting an interim injunction restraining the sale to fortiz.


It must be put on record that, in spite of the availability of evidence, the forceful sale of 90% shares at USD 41.09 million USD to Fortiz can best be described as an act against common sense. The SSNIT boss and the Governor of the Bank of Ghana have thus, done the unthinkable. Not only have these men betrayed Ghanaians, they have condoned and connived with these financial engineers to forcefully acquire public assets for private interest. We don’t expect these “greedy” and “unconscionable” bastards to do anything better for Ghana.


The SSNIT boss, Mr. Ernest Thompson and BOG Governor, Dr. Henry Kofi Wampah are of no use to the Ghanaian. They have devalued their learned selves and will forever regret this transaction till their days on earth are exhausted. Surely! No government have lived in perpetuity, the day of reckoning will come, at that time, you will be alone to face the wrath of the citizen for engaging in this evil transaction.


Mr. President, because your hands are soiled in this transaction, AFAG would want to put it on record that, you have failed to relieve these men off their post.


Mr. Ernest Thompson, SSNIT Boss and the Governor of the Central Bank, Dr. Henry Kofi Wampah must resign if they have moral conscience. These men have gone against equity!


Country Men, Colonel Feli died for just a loan of 50,000 cedis from the Bank. What is good for the goose is equally good for the Gander. We must use all civil rights and might to rise up to the challenge. We must protect the Public Purse, Protect our investment and demand value for money in all dealings.


AFAG, hence have commenced our crusade against the wrongful, illegal and illogical acquisition of Merchant Bank.


Looking forward to our press conference next week. God save Ghana!


Signed:
Arnold Boateng
Abu Ramadan
Henry Haruna Asante
Hon. James Apeatu
Dr. Nana Ayew Afriyie

 

   
     


 

   

 

 

More commentaries

 

 

Nelson Mandela, South Africa's first black president, dies aged 95

GuardianUK, Dec 06, Ghanadot -  Nelson Mandela, the towering figure of Africa's struggle for freedom and a hero to millions around the world, has died at the age of 95.....South Africa's first black president died after years of declining health that had caused him to withdraw from public life.........More ,

 

 

 

African leaders complain of bias at ICC as Kenya trials get underway

Washpost, Dec 06, Ghanadot - The 11-year-old court of last resort was set up to take on some of the world’s most heinous crimes. But its choice of where to pursue cases has frustrated African leaders who say that comparable crimes elsewhere in the world are being ignored — and that race is a factor in the decision making.. .. More

   

SSNIT BOSS & BANK OF GHANA GOVERNOR MUST RESIGN
Release, Dec 05, Ghanadot - hIn the wake of Ghana’s most gruesome transaction, the Alliance for Accountable Governance (AFAG) is shocked to learn that, an unsigned statement from Fortiz Equity Fund limited has been issued notifying the public of its 90% shares acquisition in Merchant Bank Ghana. This action by these public institutions goes contrary to the spirit and letter of the law in the face of the court granting an interim injunction restraining the sale to fortiz.
...More

 

Mahama bans Christmas hampers

GhanaVibe, Dec 06, Ghanadot - President John Dramani Mahama has directed all Ministries, Departments and Agencies (MDAs) to desist from using public resources for Christmas and New Year gifts such as hampers during the upcoming yuletide.....A letter from the Office of the President and signed by the Executive Secretary to the President, Dr. Raymond Atuguba, said the decision, which previously affected only Ministries, has been extended to include the Departments and Agencies ....More

 

  ABC, Australia
FOXNews.com
The EastAfrican, Kenya
African News Dimensions
Chicago Sun Times
The Economist
Reuters World
CNN.com - World News
All Africa Newswire
Google News
The Guardian, UK
Africa Daily
IRIN Africa
The UN News
Daily Telegraph, UK
Daily Nation, East Africa
BBC Africa News, UK
Legal Brief Africa
The Washington Post
BusinessInAfrica
Mail & Guardian, S. Africa
The Washington Times
ProfileAfrica.com
Voice of America
CBSnews.com
New York Times
Vanguard, Nigeria
Christian Science Monitor
News24.com
Yahoo/Agence France Presse
 
  SPONSORSHIP AD HERE  
 
    Announcements
Debate
Commentary
Ghanaian Paper
Health
Market Place
News
Official Sites
Pan-African Page
Personalities
Reviews
Social Scene
Sports
 
    Currency Converter
Educational Opportunities
Job Opening
FYI
 
 
 
 
Send This Page To A Friend: