Government transfers GH¢500 million Nestlé Ghana shares to protect NIB

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Isaac Kusi, Bronx, NY. 1 year ago

That's a patriotic and strategic move. Well done.

That's a patriotic and strategic move. Well done.
Tsotsoo 1 year ago

This is how some of the financial institutions which licences were revoked should have been treated. Hon.Minister of Finance please remember to look at the problem of the locked-up funds investors with NDK Financial Services ...
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This is how some of the financial institutions which licences were revoked should have been treated. Hon.Minister of Finance please remember to look at the problem of the locked-up funds investors with NDK Financial Services, Firstfund Financial Services and others. Thank you and may Jehovah God continue to direct your paths.
Nii 2 1 year ago

Sister Tsotsoo
Please note
1 this is a state owned bank that the govt wants to keep.
2. Do you know the net cost of the shares govt sold in nestle to get the ghc 500 m? Govt share holding and dividend is dwindled in that p ...
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Sister Tsotsoo
Please note
1 this is a state owned bank that the govt wants to keep.
2. Do you know the net cost of the shares govt sold in nestle to get the ghc 500 m? Govt share holding and dividend is dwindled in that profitable company. Am sure Nestlé was more than willing to buy the shares.
3. Did you read anywhere that liquidity support given to nib has been diverted into other businesses?
4.Way before Ndoum's bank collapsed, they were not paying what was due those who had invested in his bank.
Kofi Adu 1 year ago

The question that Ato Forson has to answer to Ghanaians is why the private company Nestlé was making profits but the state owned bank was losing money?Has the Minister of Finance fixed the problem before diverting the govern ...
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The question that Ato Forson has to answer to Ghanaians is why the private company Nestlé was making profits but the state owned bank was losing money?Has the Minister of Finance fixed the problem before diverting the government shares of Nestle into this failed company? Or Ndc has interest in ir?
Prophet Larry 1 year ago

NDC and bank maleficent

NDC and bank maleficent
Prophet Larry 1 year ago

NDC and bank maleficent they are in to create the banking disaster again. Misappropriation of finance, diverting to personal accounts and girlfriends and latter pay 60% and be set free eiii

NDC and bank maleficent they are in to create the banking disaster again. Misappropriation of finance, diverting to personal accounts and girlfriends and latter pay 60% and be set free eiii
True Ghanaian 1 year ago

If only politicians can take their hands off and allow good corporate governance to work.

If only politicians can take their hands off and allow good corporate governance to work.
Akyaaba Addai-Sebo 12 months ago

Is this not what happens when governance becomes a syndicated joint-criminal enterprise of the chosen and elect and their foreign speculators? It is a case of fattening the cow for privatisation against the national interest.

Is this not what happens when governance becomes a syndicated joint-criminal enterprise of the chosen and elect and their foreign speculators? It is a case of fattening the cow for privatisation against the national interest.

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Government transfers GH¢500 million Nestlé Ghana shares to protect NIB

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