Banks move to auction PBC assets over GH¢300 million debt

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• Cocoa Akuafo 17 hours ago

  This reportage should be pushed into Miracles Aboagye's nose to put some sense into his stupid head. Akufo Monkey Addo was the most useless president in the history of Ghana

  This reportage should be pushed into Miracles Aboagye's nose to put some sense into his stupid head. Akufo Monkey Addo was the most useless president in the history of Ghana

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• Pelicles. 13 hours ago

  Was Nana Addo part of PBC management, and why blaming him? Have you sat down and ask yourself why the company went bankrupt? Did you inspect their books and delved into their operations and what led to the bankruptcy?
  
  Ther ...
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  Was Nana Addo part of PBC management, and why blaming him? Have you sat down and ask yourself why the company went bankrupt? Did you inspect their books and delved into their operations and what led to the bankruptcy?
  
  There are so many instance that leads to such dissolution of most companies, and if you know more about companies, you will never vent your anger against Nana Addo.
  
  Companies do not just fold their mats rather what leads to such unfortunate circumstances are numerous.

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• Yabi Yabi 13 hours ago

  While the courts do have legal footing to arrive at the decision it took against the PBC pleadings, I believe there comes a time in our corner of the world where foresight, wisdom, history and context must guide our national ...
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  While the courts do have legal footing to arrive at the decision it took against the PBC pleadings, I believe there comes a time in our corner of the world where foresight, wisdom, history and context must guide our national decisions and not only what is legal thinking.
  
  The first question to the banks and the judge who rendered the decision for the foreclosure process to proceed is: who at PBC can be held liable for the "balance due" if liquidation of PBC assets fail to satisfy debts owed?
  
  I am not a businessman neither am I an economist but I have common / basic sense and perspective of history andcevents. It is the whole of Ghana, its government policy decisions and agencies of state with oversight jurisdiction of private and public entities. If after 70-plus years and running the cash crop, cocoa, that has accounted for scholarships, road construction and funding of various national development projects does not have money in its "rainy day@ funds to fund the purchase of cocoa beans without funds from the international price markets then why hold PBC autions/ asset liquidation exercise?
  
  What if there are bank staff participation at each level of PBC operations to ensure that cocoa beans purchases, PBC staffing and payroll, every pesewa expensed are accounted and justified and 80 percent of profits go to covering outstanding debt while the remaining 20 percent go into the "rainy day" fund that will fund future cocoa purchases after the next 7-years of PBC restructuring and operational streamlining?

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• Yao 9 hours ago

  Massa, do you know more than the court? Why don't you file a claim as the banks need their money!!

  Massa, do you know more than the court? Why don't you file a claim as the banks need their money!!

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• The orangutan state 12 hours ago

  Nana Addo was responsible, he appointed people to manage ghana,s assets and businesses. It was official corruption ,even when Ken was messing up he refused to replace him, his own mps were against their financial mismanageme ...
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  Nana Addo was responsible, he appointed people to manage ghana,s assets and businesses. It was official corruption ,even when Ken was messing up he refused to replace him, his own mps were against their financial mismanagement minister yet he kept him and that could have applied to all sectors of the economy so we Blame him

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• Dr. FRED CHANA 12 hours ago

  What was preventing the cuŕrent management making this development public after taking over or resuming office in 2025? Lessons must be learnt.

  What was preventing the cuŕrent management making this development public after taking over or resuming office in 2025? Lessons must be learnt.

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• Kwame Peter 11 hours ago

  Pelicles,to those fed on vile propaganda,Ghana started with NPP government led by Nana Addo in 2017,Ghana's economy at end of 2016 and end of 2024 which was better than the other?Just 1yr and everything is falling apart becau ...
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  Pelicles,to those fed on vile propaganda,Ghana started with NPP government led by Nana Addo in 2017,Ghana's economy at end of 2016 and end of 2024 which was better than the other?Just 1yr and everything is falling apart because they planned nothing in 8yrs jn opposition and so came into government with nothing ,this is it.Meanwhile,they are circling the gold reserves left by Nana Addo government like hungry vultures circling carcasses all with criminal intent.

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• Osei Kwame 11 hours ago

  NPP is very very useless. Read the dates you fool. It was only God who saved Ghana by kicking the anus of the NPP into the bush. The thieves would have destroyed this country like Carthage

  NPP is very very useless. Read the dates you fool. It was only God who saved Ghana by kicking the anus of the NPP into the bush. The thieves would have destroyed this country like Carthage

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• Pelicles. 9 hours ago

  Osei Kwame, in Ghana, some people should be given questionnaires to fill to ascertain how they understand by "Voting" to elect a president or whatever. Why? Why do you describe NPP as thieves and how many NPP members have bee ...
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  Osei Kwame, in Ghana, some people should be given questionnaires to fill to ascertain how they understand by "Voting" to elect a president or whatever. Why? Why do you describe NPP as thieves and how many NPP members have been arrested by the current government, prosecuted and sent to jail?
  
  Remember what was said about Cecilia Dapaah, and why is lady not in jail? You are pathetic. Folks like you are the reason why Mahama came back to the presidency again and do you hear what is going on?
  
  Blaming NPP for the collapse of PBC means, you are just following the wind.

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