Concerned Ex-Staff and Sympathisers of GN Bank/Savings have expressed confidence in the commitment of President-elect John Dramani Mahama to adhere to his promise to restore GN Bank/Savings and other financial institutions that were unjustly collapsed by the banking sector cleanup under the Akufo-Addo-led NPP government.
“We are encouraged by your commitment to restore the indigenous financial institutions that were unjustifiably dismantled. Your promise to revive GN (Savings) bank, some of the defunct banks, along with several Savings and Loans and Fund Management companies resonate deeply with our aspirations for economic recovery and stability” the group stated in a press statement issued on 17th December, 2024 in Accra and signed by the Convener
Philip Sarpiah.
“We acknowledge the significant challenges faced by our nation due to the 2019 banking crisis, which had devastating effects on millions of Ghanaians. The action was taken by the previous administration led by President Nana Addo Dankwa Akufo–Addo, Vice President Dr Mahamudu Bawumia and Finance Minister Ken Ofori–Atta has left a deep and lasting impact on our financial landscape” the statement read.
According to the Founder of the bank, Dr. Papa Kwesi Nduom, the closing down of his bank which had about three hundred branches is inimical to the socioeconomic development of the nation. Some sympathisers accuse the NPP Government of politically persecuting Dr. Nduom who is their political opponent by collapsing his financial company.
Source:3News.com