BoG heads to Supreme Court over GN Savings licence ruling

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Nene Sackitey 3 days ago

Nonsense. Ghana is its own enemy. Instead of sitting down and seeing how to make indigenous institutions stand and competitive you make names by crippling and clearing them off the market for your foreign masters to dominate ...
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Nonsense. Ghana is its own enemy. Instead of sitting down and seeing how to make indigenous institutions stand and competitive you make names by crippling and clearing them off the market for your foreign masters to dominate.
Chioma 3 days ago

Na who cause am?Is the Npp & Nduom himself
When you take depositors money & you used it to run you political party ( PPP) what do you expect
Though Ofori Atta was a disaster Ghanaians also realize Nduoms opening of compan ...
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Na who cause am?Is the Npp & Nduom himself
When you take depositors money & you used it to run you political party ( PPP) what do you expect
Though Ofori Atta was a disaster Ghanaians also realize Nduoms opening of companies was like ie. “1 village 1 Dam- Agenda 111 & 1D1F” & etc. Not viable,wasting peoples money & pregnant with so much Bad corporate governance.
There is no goodwill in the Name Nduom so he shouldn’t worry himself operating financial institution again.
One Nana Ofori guy is Nduoms biggest problem but the man is blind to SEE.
ST GHFUO: Kwame Nkrumah International Airport 3 days ago

Where is the bofrot?

Where is the bofrot?
Mr Smith 3 days ago

Am I seeing the fingerprints of the IMF and World Bank on all this?

Am I seeing the fingerprints of the IMF and World Bank on all this?
B. Addo 3 days ago

@Mr. Smith, what has the IMF and World Bank got to do with this? The law is working.

@Mr. Smith, what has the IMF and World Bank got to do with this? The law is working.
Nene Sackitey 3 days ago

@Smith may be right. Can’t put it pass the World Bank and IMF whose objectives are to maintain 2 global economies. One that supplies raw materials and one that exports finished goods and services to the other. The raw m ...
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@Smith may be right. Can’t put it pass the World Bank and IMF whose objectives are to maintain 2 global economies. One that supplies raw materials and one that exports finished goods and services to the other. The raw material supplier must remain underdeveloped and dependent on the industrialized one for goods, services and capital. In that respect the world bank and IMF targets with the collaboration of our leaders to kill indigenous firm that seem to threaten the world order.
Reap what you sow 3 days ago

This is needless on the part of the bank of Ghana. Just look at how Akofu Addo, bawumia, Ken Offori Atta family and friends did to the assets and properties of GN bank

This is needless on the part of the bank of Ghana. Just look at how Akofu Addo, bawumia, Ken Offori Atta family and friends did to the assets and properties of GN bank
Yao 1 day ago

If your deposits was included in the monies Nduom transferred to his accounts in the US you will be singing a different tune. Ghanaians glorify scammers like Nduom.

If your deposits was included in the monies Nduom transferred to his accounts in the US you will be singing a different tune. Ghanaians glorify scammers like Nduom.
Kojo 2 days ago

What are you talking? Supporting indigenous businesses doesn't mean pouring money down the drain in an endless effort to make one individual rich. Government had no choice than to step in and PROTECT THE DEPOSITORS' INTEREST. ...
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What are you talking? Supporting indigenous businesses doesn't mean pouring money down the drain in an endless effort to make one individual rich. Government had no choice than to step in and PROTECT THE DEPOSITORS' INTEREST. That's the crucial bit likes like you fail to appreciate. Have you heard of any depositor losing money? That's the role of government ie to protect the masses versus enriching individuals.
Juvenal Urbino 2 days ago

The idea of protecting indigenous banks is laudable but are you arguing that they should not operate within the laws of the land?

The idea of protecting indigenous banks is laudable but are you arguing that they should not operate within the laws of the land?

Amowias 3 days ago

Hmmm mfante b3y3 dwei.

Hmmm mfante b3y3 dwei.
km 3 days ago

Some of us have money stuck at GN bank oo huge amounts of money, can we sue BOG too

Some of us have money stuck at GN bank oo huge amounts of money, can we sue BOG too
Boahene 3 days ago

Which law? For Ghana here? It seems some of us don't know how powerful those IMF and World Bank are. They're behind many assassinations and coup d'etats in Africa and some other third world nations. You don't joke with those ...
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Which law? For Ghana here? It seems some of us don't know how powerful those IMF and World Bank are. They're behind many assassinations and coup d'etats in Africa and some other third world nations. You don't joke with those people!!!
ST GHFUO: Kwame Nkrumah International Airport 3 days ago

Clearly.you have folks at bog who are hungry for manilla.envelopes from.gn..an appeal is not a legal error..therfore your challenge will fail..why.it took this long for the matter to be addressed is what both bog and the Supr ...
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Clearly.you have folks at bog who are hungry for manilla.envelopes from.gn..an appeal is not a legal error..therfore your challenge will fail..why.it took this long for the matter to be addressed is what both bog and the Supreme Court need to address..
AAA+ 3 days ago

Ananse story, confidence tricters, hypocrite all over every corner in Ghana.

Ananse story, confidence tricters, hypocrite all over every corner in Ghana.
Akwasi Vityol 3 days ago

GHANAIANS MUST FOLLOW THIS CASE CAREFULLY
THE JUDGMENT IN THE APPEAL COURT IS TOTALLY AND UTTERLY DISGRACEFUL. IT GAVE A CLEAR SIGNAL THAT REGULATORS ARE NOT INDEPENDENT AND IMPORTANT. OUR TRADING PARTNERS, IMF AND OTHER MU ...
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GHANAIANS MUST FOLLOW THIS CASE CAREFULLY
THE JUDGMENT IN THE APPEAL COURT IS TOTALLY AND UTTERLY DISGRACEFUL. IT GAVE A CLEAR SIGNAL THAT REGULATORS ARE NOT INDEPENDENT AND IMPORTANT. OUR TRADING PARTNERS, IMF AND OTHER MULTILATERAL AGENCIES ARE WATCHING CLOSELY. WHAT AN IGNORANT NO QUESTIONS ASKED JUDGMENT. GHANA IS SINKING SO SWIFTLY. WHY DID NDUOM GIVE LOANS FROM THE GN BACK TO HIS OWN COMPANIES (83.3%)? Aaaaba. PEOPLE COULDN’T ACCESS AS LITTLE AS GHS 1,500 DEPOSIT. WHY? WHEN THE JUDGMENT WAS GIVEN NDUOM, AS THICK AND SELFISH AS HE IS THANKED OTHER PEOPLE INSTEAD DWELLING ON THE COURT RULING. IS THIS A BANANA REPUBLIC? EVEN HAITIANS WILL NOT DO THAT. TWEAAAAAA. WE SHALL FOLLOW THIS MATTER TO ITS LOGICAL END. WICKEDNESS.
BANABAS 3 days ago

NDC..YOU PEOPLE SEE NOW THAT NPP HAS A LOT OF FOOLS EMPLOYED AT THE BANK OF GHANA CURRENTLY...CHANGE THEN ALL

NDC..YOU PEOPLE SEE NOW THAT NPP HAS A LOT OF FOOLS EMPLOYED AT THE BANK OF GHANA CURRENTLY...CHANGE THEN ALL
NDC NPP SAME DEVILy 3 days ago

By the licence restoration will the BoG pay him some money or what? Why is the BoG running diarrhoea over the ruling?

By the licence restoration will the BoG pay him some money or what? Why is the BoG running diarrhoea over the ruling?
FACT 3 days ago

JD Mahama promised to restore the license of GN Bank during his campaign.
Who did GN Bank Director thank after the Court of Appeal judgment? GN Bank thanked Mahama.
Who appointed the Directors of the Bank of Ghana?
JD Ma ...
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JD Mahama promised to restore the license of GN Bank during his campaign.
Who did GN Bank Director thank after the Court of Appeal judgment? GN Bank thanked Mahama.
Who appointed the Directors of the Bank of Ghana?
JD Mahama? JD Mahama did the appointments.
What sort of challenge is the Bank of Ghana expected to raise against the restoration of the GN Bank license? Weak. Bogus. Case dead on arrival.
G 3 days ago

This same governor of Bank of Ghana was the one who did the banking sector clean up during the Npp time check and see he was the deputy governor that time. I dont know why Mr Mahama apo

This same governor of Bank of Ghana was the one who did the banking sector clean up during the Npp time check and see he was the deputy governor that time. I dont know why Mr Mahama apo

Godfred 3 days ago

Why does NDC government keep allowing NPP to dictate the way forward. If a local company was collapsed and now the government in power wants it back, why did we need courts. You will lose a lot of votes if you keep doing anti ...
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Why does NDC government keep allowing NPP to dictate the way forward. If a local company was collapsed and now the government in power wants it back, why did we need courts. You will lose a lot of votes if you keep doing anti-ghanian owned politics. NPP and their immoral leaders, the court did the right thing by allowing the renewal. If the banks receivables are more than payables, how does it make it insolvent?
Chaki 3 days ago

Just a gimmick... Supreme court would say the bank of Ghana has no case.... Eventually the high court ruling will still take effect

Just a gimmick... Supreme court would say the bank of Ghana has no case.... Eventually the high court ruling will still take effect
AA 3 days ago

When two elephants fight, it's the grass that suffers. Hopefully, the supreme court will expedite their ruling to help customers whose hard-earned savings have been locked up throughout this whole saga.

When two elephants fight, it's the grass that suffers. Hopefully, the supreme court will expedite their ruling to help customers whose hard-earned savings have been locked up throughout this whole saga.
Kennedy Agyepong 3 days ago

Black people are our own enemies. Instead of helping Black business men, we pull them down but help Chinese to do galamsey anyhow. A common South African is telling us to develop our country. How can we develop with this atti ...
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Black people are our own enemies. Instead of helping Black business men, we pull them down but help Chinese to do galamsey anyhow. A common South African is telling us to develop our country. How can we develop with this attitude of pull him down
ST GHFUO: Kwame Nkrumah International Airport 3 days ago

How did the.court of appeal act illegally in hearing and granting the appeal? Appeals are not illegal in legal jurisprudence..thats for starters. Secondly,the circumstances under which the bank was collapsed is conflicted,unf ...
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How did the.court of appeal act illegally in hearing and granting the appeal? Appeals are not illegal in legal jurisprudence..thats for starters. Secondly,the circumstances under which the bank was collapsed is conflicted,unfair, unethical devoid of any fiscal reasoning and responsibility. Even the finance mi.ister ofori atta who orchestrated this hateful act is himself guilty of financial crimes against the state. Making benign fiscal jjudgements sgainst gn bank is like trading on orange juice contracts based on bootleg information. Thats illegal Ala Trading Places the movie.this is a complete waste of time n honey.gn bank lawyers read this to the Supreme Court judges who like to eat yam Goat meat n they will squash this beef asap
Godfred 3 days ago

Why does NDC government keep allowing NPP to dictate the way forward. If a local company was collapsed and now the government in power wants it back, why did we need courts. You will lose a lot of votes if you keep doing anti ...
read full comment

Why does NDC government keep allowing NPP to dictate the way forward. If a local company was collapsed and now the government in power wants it back, why did we need courts. You will lose a lot of votes if you keep doing anti-ghanian owned politics. NPP and their immoral leaders, the court did the right thing by allowing the renewal. If the banks receivables are more than payables, how does it make it insolvent?
Yaaaa 3 days ago

A local company was collapsed indeed. When he was misusing depositors funds did he not know the repercussions?

A local company was collapsed indeed. When he was misusing depositors funds did he not know the repercussions?
Don’t mismanaged the peoples fund agai 2 days ago

This has nothing to do with politics but trust and responsibility. We are blinded by politics that we cannot separate responsibilities from politics.

This has nothing to do with politics but trust and responsibility. We are blinded by politics that we cannot separate responsibilities from politics.
Yaaaa 3 days ago

If gvt owes yiu, chase gvt. Insolvency is established on the basis of a framework applicable to all banks..

If gvt owes yiu, chase gvt. Insolvency is established on the basis of a framework applicable to all banks..
Kay De 3 days ago

Fools always try to politicise everything. If you don't understand the issues just be quiet and let the law work. Nduom swindled it's depositers and the whole country by opening new bank in the US. The local one was destined ...
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Fools always try to politicise everything. If you don't understand the issues just be quiet and let the law work. Nduom swindled it's depositers and the whole country by opening new bank in the US. The local one was destined to collapse. At the time of it's close down the bank was insolvent. You think the BOG is just useless to go against the uninformed Mahama who politicised everything to win power? People must think.

Yaaaa 2 days ago

Yes people must think

Yes people must think
Koppong 3 days ago

Mahama in opposition did not speak well on his promise to restore the license,
He should have stay neutral,

Mahama in opposition did not speak well on his promise to restore the license,
He should have stay neutral,
Gilbert 3 days ago

It's not worth going. This is Ghana bank. Instead BOG should put more rebost controls in place.

It's not worth going. This is Ghana bank. Instead BOG should put more rebost controls in place.
GaBaa 3 days ago

A little education here goes far. By the law it is the bank of Ghana that issues and revokes banking and investment licenses. Final. The Court has nothing to do with this, its not a contract dispute. This appellate judges sho ...
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A little education here goes far. By the law it is the bank of Ghana that issues and revokes banking and investment licenses. Final. The Court has nothing to do with this, its not a contract dispute. This appellate judges should be fired.
Kwame K 2 days ago

Which fool at BoG wants to go to the Supreme Court over this are they thinking right. Has the governor anything to gain by this action.

Which fool at BoG wants to go to the Supreme Court over this are they thinking right. Has the governor anything to gain by this action.
Yaaaa 2 days ago

Kwame, Frausters like u and others are not allowed to operate a bank

Kwame, Frausters like u and others are not allowed to operate a bank
Door keeper 2 days ago

Elites are destroying Ghana. One arm of government borrows and refuse to pay back your money. Another arm of the same government says you are insolvent. And another arm has to decide whether you can stay in business or not. T ...
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Elites are destroying Ghana. One arm of government borrows and refuse to pay back your money. Another arm of the same government says you are insolvent. And another arm has to decide whether you can stay in business or not. This world is created by elites and for elites who have lost their common sense. Take this case to one of our village chiefs and it would be decided within 3 market days and decided fairly.
Yaaaa 2 days ago

Yes. BOG is independent

Yes. BOG is independent
Yaaaa 2 days ago

Yiu are just like a village chief. Who told you BOG is same like Govt?

Yiu are just like a village chief. Who told you BOG is same like Govt?
Use your brain 2 days ago

Nene Sakitey, do we have to entertain fraud, corruption and incompetence to protect indigenous companies merely because they are owned by indigenous citizens?

Nene Sakitey, do we have to entertain fraud, corruption and incompetence to protect indigenous companies merely because they are owned by indigenous citizens?
Pee 2 days ago

Is this necessary?

Is this necessary?
Gh 2 days ago

Krokoo the john

Krokoo the john
Ghanaian 2 days ago

bank of ghana stop folling the man has given employment to many young people and you are fighting him you keep stealing ang pulling people down the unemployed youth will come after you stop the folly

bank of ghana stop folling the man has given employment to many young people and you are fighting him you keep stealing ang pulling people down the unemployed youth will come after you stop the folly
Gh citizen 2 days ago

I am disappointed. We should protect our indigenous financial institutions and not the other way round.

The Supreme Court should do the needful by upholding the appeal court verdict.

I am disappointed. We should protect our indigenous financial institutions and not the other way round.

The Supreme Court should do the needful by upholding the appeal court verdict.

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BoG heads to Supreme Court over GN Savings licence ruling

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