Pressure group, OccupyGhana, has called on the government to probe the collapse of seven banks and punish persons found to have breached prudential or banking regulations.
We call on the Government not only to make public the results of all investigations conducted but to ensure that the law (both civil and criminal) is made and allowed to take its course without fear or favour.
The pressure group made up of eminent Ghanaian professionals stated in a press release dated August 13, 2018,“Those in management or other positions of trust who have been implicated and who have to lose their jobs, should lose their jobs. Those whose personal properties have to be seized and sold to pay back the public debt should be taken through the due process. And those who have committed crimes against the Republic should be ruthlessly and mercilessly prosecuted.
The banking sector shook in August 2017 following news that Capital Bank and UT Bank’s liabilities overwhelmed their assets and the Bank of Ghana (BoG) assumed the responsibility of their assets and revoked their licences.
Copyright © 2019 Ghanalive.TV. All Rights Reserved.