Thank you Sir,you made my day.Most Ghanaians refuse to read and research for themselves,they would religiously believe in speculations and untruths to battle.Most does not appreciate the good works of their neighbor or compet ... read full comment
Thank you Sir,you made my day.Most Ghanaians refuse to read and research for themselves,they would religiously believe in speculations and untruths to battle.Most does not appreciate the good works of their neighbor or competitor but rather point out faults.It's sad,to see us tearing each other apart just to score cheap political points.
Homesense 10 years ago
This article should be copied all media houses, political parties, Parliament and think-tanks. It's very informative and objective. I wonder why the SSNIT/SIC Life and the Bank of Ghana did not come out at the start with thes ... read full comment
This article should be copied all media houses, political parties, Parliament and think-tanks. It's very informative and objective. I wonder why the SSNIT/SIC Life and the Bank of Ghana did not come out at the start with these information. No one would have raised a question.
Kojo Yanka, former Director of Ghana Institute of Journalism, Minister, President of Ghana's Institute of Public Relaions (IPR), Founder and Chairman of AUCC, you are a PR par excellence. No wonder, Great Otumfour made you his PRO. Perhaps, the SSNIT may have to consider you an appointment as a consultant.
Jakpa 10 years ago
What a disgrace.
What a disgrace.
Hans Safo 10 years ago
May I ask Mr Kojo Yankah the following:
a. What does he mean by "Fortiz is a $USD 100 million private equity fund"? does it have $US 100 million in its bank account? If yes, then where did that gargantuan amount come from?
... read full comment
May I ask Mr Kojo Yankah the following:
a. What does he mean by "Fortiz is a $USD 100 million private equity fund"? does it have $US 100 million in its bank account? If yes, then where did that gargantuan amount come from?
b. I am sure that both the directors mentioned are persons of great intergrity but their only qualifications for this gargantuan task of restructuring a major bank appear to be that one is "an accountant and investor" and that the other is a successful property developer, oh and they both hold the Order of the Volta!! Is that a sufficient display of competence and ability to take over a bank?
c.What does "absolve all assets and liabilities" mean?
d. How does Fortiz plan to "aggressively pursue recovery of all "bad" debts" and then pay 70% to SSNIT?
I could go on asking more questions of Mr Yankah but time does not permit me as I am not professionally involved in the matter and have a living to earn!
May I just add that the elephant in the room here is Engineers and Planners Ltd which owes a major portion of the so-called bad debts of MBG and we all know the "connections" of this company.
It in the intrests of our much-vaunted democracy that the sale of MBG is subjected to the highest standards of objectivity, accountability and transparancy to the satisfaction of not only the good people of Ghana but also to the world at large in order to sustain the image of our country as a reliable region for international investment.
Nyansaba 10 years ago
SORRY FOR YOU, KOJO, FOR INVOLVING YOURSELF IN THIS. EVEN LITTLE BABIES WILL KNOW THIS DEAL STINKS TO THE HIGH HEAVENS. EVERYTHING TONY LITHUR IS INVOLVED IN STINKS TO THE HIGH HEAVENS. HOW DO YOU TRUST A MAN WHO LEADS WATERV ... read full comment
SORRY FOR YOU, KOJO, FOR INVOLVING YOURSELF IN THIS. EVEN LITTLE BABIES WILL KNOW THIS DEAL STINKS TO THE HIGH HEAVENS. EVERYTHING TONY LITHUR IS INVOLVED IN STINKS TO THE HIGH HEAVENS. HOW DO YOU TRUST A MAN WHO LEADS WATERVILLE TO STEAL MONEY FROM HIS OWN COUNTRY GHANA, AND HAPPENS TO BE A LAWYER FOR THE ONE MAN WHOSE DEBT IS COLLAPSING A BANK, THEN TURNS UP AS THE LAWYER FOR AN 'OVERNIGHT' COMPANY THAT COMES TO BUY THE SAME BANK? I KNOW YOU ARE NOT NAIVE, KOJO. PLEASE, COME AGAIN, FOR YOUR PR WORK IS NOT WASHING!
KOJO TAWIAH 10 years ago
WHETHER KOJO IS DOING PR OR NOT ARE THE POINTS HE OUTLINED IN HIS PIECE THE FACTS ON THE GROUND? WAS THE FIRSTRAND TERMINATED MUTUALLY? DID FORTIZ BRING A BETTER PACKAGE TO THE TABLE?
WHETHER KOJO IS DOING PR OR NOT ARE THE POINTS HE OUTLINED IN HIS PIECE THE FACTS ON THE GROUND? WAS THE FIRSTRAND TERMINATED MUTUALLY? DID FORTIZ BRING A BETTER PACKAGE TO THE TABLE?
KWAME 10 years ago
I WOULD LOVE TO HEAR FROM THE TUC, GMA AND OTHERS LIKE SYNDEY CASELAY HAYFORD TOCOME OUT WITH A CONTRATRY ARGUMENT FROM WHAT HAS BEEN PRESENTED. ARE OUR INTELLECTUALS ON TOP OF THEIR GAME OR JUST 'FLOWING WITH THE CURRENT' OF ... read full comment
I WOULD LOVE TO HEAR FROM THE TUC, GMA AND OTHERS LIKE SYNDEY CASELAY HAYFORD TOCOME OUT WITH A CONTRATRY ARGUMENT FROM WHAT HAS BEEN PRESENTED. ARE OUR INTELLECTUALS ON TOP OF THEIR GAME OR JUST 'FLOWING WITH THE CURRENT' OF SEMI-LITERACY AND POISONING THE MINDS OF THE 'UNEDUCATED MAJORITY'? LET THE FACTS OF THE MATTER BE PRESENTED AND LET'S DETERMINE THE 'BOOK-LONGS' FROM TH 'BOOK-SHORTS'.
Quarcu Jantuah Boateng Dadson 10 years ago
So where is fraud and dubious claims by people who think they are the repository of wisdom.I believe most people are financially deficient.
So where is fraud and dubious claims by people who think they are the repository of wisdom.I believe most people are financially deficient.
Kaw Ansah 10 years ago
This is the problem in Ghana because everybody seem to have an opinion not based on facts but according to ones political inclinations. If what the writer has put in the public domain are the true facts, what prevents us from ... read full comment
This is the problem in Ghana because everybody seem to have an opinion not based on facts but according to ones political inclinations. If what the writer has put in the public domain are the true facts, what prevents us from having an informed discussion about the pros and cons of the agreement. I think the chew-pour-pass and forget syndrom has gotten the better part of us. Where are the thinkers in Ghana who can analyse issues soundly?
Don Blunt 10 years ago
Whose responsibility is it to present ALL necessary facts and information?
The truth, plus, or minus one single wrong word, is absolutely valueless.
Why was the additional information being provided now delayed?
Had ... read full comment
Whose responsibility is it to present ALL necessary facts and information?
The truth, plus, or minus one single wrong word, is absolutely valueless.
Why was the additional information being provided now delayed?
Had we all just "swallowed" that scam, SSNIT would have been left alone to take over the bad debts, and the Brother of the President, the richest Ghanaian alive, would have been off the hook.
Our being so far behind is the result of many of us who do not know anything about what they comment on.
BOSS 10 years ago
Ghanaians are just VISIONLESS, always fighting for over 'PIECES OF CAKE'. So Ghanaians mean there can never be another Merchant? If we were a people of vision we will not be wasting all these time and resources making merchan ... read full comment
Ghanaians are just VISIONLESS, always fighting for over 'PIECES OF CAKE'. So Ghanaians mean there can never be another Merchant? If we were a people of vision we will not be wasting all these time and resources making merchant bank sales a case. We could have created more 'merchant banks'Somebody is talking of national debate, of cause, because we have nothing doing as a nation. If you are visionless you never no the VALUE of TIME.
visible 10 years ago
visionless indeed, very true.
visionless indeed, very true.
BOSS 10 years ago
Ashanti Goldfield Company, Obuasi was soled to Anglogold South Africa to form Anglogoldashanti at 1.1 billion dollars by president Kuffour for some strategic reasons while at the same time Rangold was ready to offer 1.7 billi ... read full comment
Ashanti Goldfield Company, Obuasi was soled to Anglogold South Africa to form Anglogoldashanti at 1.1 billion dollars by president Kuffour for some strategic reasons while at the same time Rangold was ready to offer 1.7 billion dollars,in the year 2002-2003
Maka a Maka 10 years ago
Obuasi was "soled". Kwasea go back to class one and learn how to write proper English. Was Obuasi sold by Rawlings or Kuffour? Ignorant bastard
Obuasi was "soled". Kwasea go back to class one and learn how to write proper English. Was Obuasi sold by Rawlings or Kuffour? Ignorant bastard
nana adu 10 years ago
koo, please take it easy on the afuom man small ok? i am still laughing lol
koo, please take it easy on the afuom man small ok? i am still laughing lol
MADZIA 10 years ago
In ur logic 500 merchant bank staffs contribution to SSNiT is more important than the rest of the nation's interest . A victim of Nkrumah education legacy
In ur logic 500 merchant bank staffs contribution to SSNiT is more important than the rest of the nation's interest . A victim of Nkrumah education legacy
Nyansasem 10 years ago
...Wow.. Is that your conclusion from the arguments he advanced??? Am disappointed in your poor logic and the poverty of mind you have shown. No wonder Africa is replete with so many problems... Poor thinking. It is you who h ... read full comment
...Wow.. Is that your conclusion from the arguments he advanced??? Am disappointed in your poor logic and the poverty of mind you have shown. No wonder Africa is replete with so many problems... Poor thinking. It is you who have shown your education deficiency
Worried customer 10 years ago
This article is informative, devoid of the unnecessary political gimmicks and very objective. Thank you for educating me.
This article is informative, devoid of the unnecessary political gimmicks and very objective. Thank you for educating me.
kobina Sekyi 10 years ago
There was nothing new here to inform us.
There was nothing new here to inform us.
Yaw Ohemeng 10 years ago
All the information provided may be true but is experience in running a bank not a requirement as well?
If you had a business concern to sell, such as a bank, with the fate of so many riding on it, who would you offer it t ... read full comment
All the information provided may be true but is experience in running a bank not a requirement as well?
If you had a business concern to sell, such as a bank, with the fate of so many riding on it, who would you offer it to? Money alone should not be the criteria - the ability to successfully run the bank should also count.
Is it not odd that a company registered in June 2013, just at the time when discussions with First Rand came to a halt, successfully outbid existing profitable banks?
If Merchant Bank really represented your life savings, would you value promises of modernisation above proven track record?
Any way Ghanaians are the judges. But left to me, promises should not be elevated above track record. Making Merchant Bank a successful going concern, should exercise everyone's mind and I don't think faceless individuals just beginning a banking business should be trusted with that task. The future will no doubt show who is right.
Nyansasem 10 years ago
My good friend, what is your problem??? You can buy experience, you can buy expertise. You can buy any resource both human and logistics that can run the bank and turn it around.
My good friend, what is your problem??? You can buy experience, you can buy expertise. You can buy any resource both human and logistics that can run the bank and turn it around.
Yaw Ohemeng 10 years ago
Nyansasem, I agree with you to some extent but do you know there is also a competency about knowing what you want before you can get it?
If you have never ran a bank before, should you be entrusted to do that based on prom ... read full comment
Nyansasem, I agree with you to some extent but do you know there is also a competency about knowing what you want before you can get it?
If you have never ran a bank before, should you be entrusted to do that based on promises to do better in future? If you have never ran a bank before, you cannot even adequately identify who to employ.
My problem is with other peoples' money. Pension problems have toppled governments elsewhere. If we fail o manage properly, the state picks up the bill. We all know the dire straits public finance is in at the moment. We do not want to add compensation for mis managed pension funds.
I do not wish the new owners ill but the criteria for choosing them is still mysterious and given that we are dealing with public funds, extreme care needs to be taken.
GOWAN 10 years ago
The writer raised some very pertinent issues but it was incomplete. He talked about a package from Fortiz. What was the package from the other bidders, so pensioners can put the whole issue in it's right perspective, and also ... read full comment
The writer raised some very pertinent issues but it was incomplete. He talked about a package from Fortiz. What was the package from the other bidders, so pensioners can put the whole issue in it's right perspective, and also satisfy the transparency issue. Secondly, he talked about an equity fund that was established in June of 2013, to provide among others, the restructuring and revamping of distressed companies to generate long term profitability and growth. Can the writer show Ghanaians the track record of Fortiz Equity fund in addressing this stated objective, from it's establishment in June 2013, especially with respect to financial services?
Indeed, Ghanaians would want indigenous business entities to be at the forefront of addressing our problems, but, this process and who champions it, should be above board, and not steeped in actions tantamount to circuitous trail of corruption, abuse of office and the vested interest of the political oligarchs.
The writer mentioned the capacity building efforts of the bank in terms of information technology and what have you, but we are all cognizant of the fact that, the technology is there and funds are used to purchase this technology. So in a situation where debtors blatantly shirk their debt obligation to the bank, how does the bank and the board, execute their expected mandate? The writer in trying to shed light on the issue has rather made the issues much murkier and would need to lay bare all the facts- the cause and effects, that has necessitated a situation where an entity without any track record or experience in the financial services on being established in June of 2013, would be deemed to be absolutely capable by the regulator to turn around a bank, which to all intents and purposes is experiencing liquidity problems and capital adequacy as a result of it's debt profile.
Thieves 10 years ago
MR EMMANUEL BOTCHWAY IS ALSO A MAJOR DEBTOR OF MERCHANT BANK>
MR EMMANUEL BOTCHWAY IS ALSO A MAJOR DEBTOR OF MERCHANT BANK>
TS OTWEN BIN 10 years ago
You have just been paid to write this rubbish. May God make you impotent for your neighbour to please your wife.
You have just been paid to write this rubbish. May God make you impotent for your neighbour to please your wife.
Nana Yaw 10 years ago
You shall live to see this yourself in your family. Note God is a maker not a destroyer. Enjoy.
You shall live to see this yourself in your family. Note God is a maker not a destroyer. Enjoy.
Adom 10 years ago
Politics playing game mostly between the NDC and NPP is not helping Ghana in anyway.Development projects are abondoned.Telling lies and abusing is the order of the day.Bribery and Corruption from top to bottom mostly with the ... read full comment
Politics playing game mostly between the NDC and NPP is not helping Ghana in anyway.Development projects are abondoned.Telling lies and abusing is the order of the day.Bribery and Corruption from top to bottom mostly with the support from the Judiciary,Executive,and the Legislative body.The judgement by the SC Judges confirm the levelof Mental corruption.Maybe the discussiong about the sale of the Merchant Bank would not have travelled far had E&P orPresident Mahama's brother paid his debt.The sale should have started after all the debts had been paid.My personal advice to President Mahama and his brother is please pay your debt.We will all die but leave a name.
OKOE 10 years ago
YOU WORKED FOR MERCHANT BANK AND MY QUESTIONS ARE: WHY DID THE BANK FAILED IN THE FIRST PLACE, SECOND WHERE DID FORTIZ GET THE FUNDS IN JUNE 2013 FROM AND THIRDLY WHY THIS BANK FORTIZ WILL SUSTAIN THE INDEBTEDNESS OF MERCHANT ... read full comment
YOU WORKED FOR MERCHANT BANK AND MY QUESTIONS ARE: WHY DID THE BANK FAILED IN THE FIRST PLACE, SECOND WHERE DID FORTIZ GET THE FUNDS IN JUNE 2013 FROM AND THIRDLY WHY THIS BANK FORTIZ WILL SUSTAIN THE INDEBTEDNESS OF MERCHANT BANK? WHY ARE OR WERE MOST INSTITUTIONS SET UP AND BEING MANNED BY GHANAIANS FAILING? ARE WE INCOMPETENT OR WHAT? SOMEONE PLEASE GIVE ME THE ANSWERS!
MOI 10 years ago
Kojo lucky you. In this hard times landing this write up job is a real coup. Any way, how much ? That is your secret.Good day.
Kojo lucky you. In this hard times landing this write up job is a real coup. Any way, how much ? That is your secret.Good day.
Uncle Abraham 10 years ago
Hon. Yankah thank you so much for clearing some issues. This have arisen with the info that Ibrahim Mahama is involved. tell us the truth? Is that true. Posterity will judge you.
Hon. Yankah thank you so much for clearing some issues. This have arisen with the info that Ibrahim Mahama is involved. tell us the truth? Is that true. Posterity will judge you.
Dede Okai 10 years ago
Kojo, true statesman. As a result of this NPP, NDC rivery the country moves 10 steps forward and 9 steps backward and the ignorant ordinary man they use to propagate their rivery suffers. As this goes on,the workers at mercha ... read full comment
Kojo, true statesman. As a result of this NPP, NDC rivery the country moves 10 steps forward and 9 steps backward and the ignorant ordinary man they use to propagate their rivery suffers. As this goes on,the workers at merchant bank suffer, merchant bank suffer,ssnit suffer and BOG also suffer. They don't care. One would win and ignorant supporters would jubilation. The nation is down. Very sad
Concerned citizen 10 years ago
Mr Yankah, well said but I believe one of the concerns people have is the source of Fortiz's contribution. If what they are putting up is from the ordinary workers pension contributions, then surely questions need to be asked ... read full comment
Mr Yankah, well said but I believe one of the concerns people have is the source of Fortiz's contribution. If what they are putting up is from the ordinary workers pension contributions, then surely questions need to be asked; a clear case of robbing Peter to pay Paul. Secondly people are weary that bad debts will not be agressively pursued (given some of the known debtors) hence the pattern of creating, grabbing and sharing we see these days.
I don't think people will be up in arms if they don't smell a rat. As you have rightly articulated, people have not complained about previous SSNIT transactions; so why on this occassion. There is no smoke without fire.
kobina Sekyi 10 years ago
Uncle Kojo,
There are several unanswered questions here. Could you answer these question for Ghanaians:
1.What is the track record of FORTIZ as a private equity firm.
2.What are the original sources of the $100 million cap ... read full comment
Uncle Kojo,
There are several unanswered questions here. Could you answer these question for Ghanaians:
1.What is the track record of FORTIZ as a private equity firm.
2.What are the original sources of the $100 million capitalization which came together in June this year.
3. On what basis do you make the claim that BOG and SSNIT did the due diligence without any government interference, and why should we trust the process when government surrogates are involve.
4. How can you explain the fact that the Presidents brother owe so much to this bank?
5. Why did the BOG not put Merchant on the auction and seek a competitive value for it?
Abdul Razak 10 years ago
KOJO YANKAH, LET US SEE THE OWNERSHIP OF FORTIZ. WHO ARE THE OWNERS AND WHAT IS THE SHAREHOLDING STRUCTURE.
AS A RESPECTABLE PERSON, PLEASE DONT ATTEMPT TO DO THE DIRTY WORK FOR THESE THIEVES
KOJO YANKAH, LET US SEE THE OWNERSHIP OF FORTIZ. WHO ARE THE OWNERS AND WHAT IS THE SHAREHOLDING STRUCTURE.
AS A RESPECTABLE PERSON, PLEASE DONT ATTEMPT TO DO THE DIRTY WORK FOR THESE THIEVES
half'ahanta 10 years ago
How much were you paid for this, Kojo, by way of "Public Relations" honorarium from the so-called Fortiz group?
You have a shirt memory, Yankah, otherwise you wouldn't be criticising the Graphic indirectly for reporting wh ... read full comment
How much were you paid for this, Kojo, by way of "Public Relations" honorarium from the so-called Fortiz group?
You have a shirt memory, Yankah, otherwise you wouldn't be criticising the Graphic indirectly for reporting what responsiblke insytitions had said about the Merrchant Bank sale. At least, it didn't invent a "confession" from a condemned man -- I refer you to the "confession" from Amartey Qauye that you invented and published in the Daily Graphic to exonerate the real murderers of the three judges. The evil that men do, lives after them.
asebi 10 years ago
Thank you, Half'Ahanta for reminding us about who this propagandist is.
For lying for the PNDC, he was appointed Ashanti regional minister. He got enough money from skimming funds off projects, to start a journalism schoo ... read full comment
Thank you, Half'Ahanta for reminding us about who this propagandist is.
For lying for the PNDC, he was appointed Ashanti regional minister. He got enough money from skimming funds off projects, to start a journalism school. But I doubt whether he uses his period of editor of the daily graphic to teach his students the ethics of journalism. Those poor students would get the shock of their lives if they could interview some of us who worked under Kojo Yankah!!!! Lies, distortion, suppression of news -- I repeat suppression of news -- were the order of the day!!!
I like your statement: "The evil that men do! I think it's from Shakespeare?
George 10 years ago
For once, kojo yankah has been objective; does he have a stake in the deal? just asking...
For once, kojo yankah has been objective; does he have a stake in the deal? just asking...
Kobena 10 years ago
The same accusation of "destroying state institutions" that you label against others is what you are engaging in here. This case is before the courts and therefore sub judice. Why are you writing about it if you believe in th ... read full comment
The same accusation of "destroying state institutions" that you label against others is what you are engaging in here. This case is before the courts and therefore sub judice. Why are you writing about it if you believe in the sanctity if state institutions?
If a bank has a problem with a customer, does it not demean the presidency of Ghana to petition the president to intervene in that matter rather than going to court? Does that not amount to destruction of state institutions?
We always see what others do, but not what we do. (otua wo nyenko a...) Were you not part of the government that sold Aboso Glass Factory, Bosa Tyres, GNTC and other GIHOC industries for a song, some to foreigners? How about Ghana's shares in AshantiGold? Was it not your government that brought that clueless Kwartei Quartey from London to run down Ghana Airways in the first place?
Talking about favouring foreigners over Ghanaians, was it not your government that forcibly took away Darko Farms's structures at Kotoka Airport and gave them to the foreigner Kalmoni huh?
Sometimes it does not pay to distort facts to support parochial theories!
cjo 10 years ago
As a respected Intelectual, I expected you to proceed to answer your questions. Please those of us with suspicions do not isolate the questions, their answers go together to reinforce our suspicions,
1. As vice president cou ... read full comment
As a respected Intelectual, I expected you to proceed to answer your questions. Please those of us with suspicions do not isolate the questions, their answers go together to reinforce our suspicions,
1. As vice president could not recognize conflict of interest.
2. as president could still not recognize "coi" and "dabi asem nti"
3. brother will not/cannot/is not paying loan and just petitioning!
4. aggrieved client does not believe in court or other bodies.
5.look at the so-called Fortiz statement and BOG response! Not funny!6. The president was prepared to sit on the case, but he will not tell us anything, even by way of official doc, The communicators are only sating what they know.
Mr. Yankah, you have pitched your tent in a swampy area.
ATTA MISS 10 years ago
THIS MAN WAS THE PNDC REGIONAL SECRETARY FOR ASHANTI REGION UNDER J.J. RAWLINGS! NO WONDER!!!!
THIS MAN WAS THE PNDC REGIONAL SECRETARY FOR ASHANTI REGION UNDER J.J. RAWLINGS! NO WONDER!!!!
Kojo 10 years ago
Thanks for this information. However, your piece raises more questions than answers? First of all, who run Merchant Bank down? Where was the Bank of Ghana (the oversight institution) when the merchant bank was lending money t ... read full comment
Thanks for this information. However, your piece raises more questions than answers? First of all, who run Merchant Bank down? Where was the Bank of Ghana (the oversight institution) when the merchant bank was lending money that threatened its own existence? Who are the politicians who see this as a piggy bank? What is the experience of Fortiz relating to banking? It is true that being a day old does not preclude one from bidding on contracts, but doesnt experience count? Was Fortiz formed solely to get Merchant Bank? If so, did they get any inside information that this sale was on? Where did Fortiz get the $100 Million from? You seem to have inside information but why wasnt this information shared with the general public before the sale?
link building 9 years ago
2wMzdc Hey, thanks for the post.Really thank you! Awesome.
2wMzdc Hey, thanks for the post.Really thank you! Awesome.
Thank you Sir,you made my day.Most Ghanaians refuse to read and research for themselves,they would religiously believe in speculations and untruths to battle.Most does not appreciate the good works of their neighbor or compet ...
read full comment
This article should be copied all media houses, political parties, Parliament and think-tanks. It's very informative and objective. I wonder why the SSNIT/SIC Life and the Bank of Ghana did not come out at the start with thes ...
read full comment
What a disgrace.
May I ask Mr Kojo Yankah the following:
a. What does he mean by "Fortiz is a $USD 100 million private equity fund"? does it have $US 100 million in its bank account? If yes, then where did that gargantuan amount come from?
...
read full comment
SORRY FOR YOU, KOJO, FOR INVOLVING YOURSELF IN THIS. EVEN LITTLE BABIES WILL KNOW THIS DEAL STINKS TO THE HIGH HEAVENS. EVERYTHING TONY LITHUR IS INVOLVED IN STINKS TO THE HIGH HEAVENS. HOW DO YOU TRUST A MAN WHO LEADS WATERV ...
read full comment
WHETHER KOJO IS DOING PR OR NOT ARE THE POINTS HE OUTLINED IN HIS PIECE THE FACTS ON THE GROUND? WAS THE FIRSTRAND TERMINATED MUTUALLY? DID FORTIZ BRING A BETTER PACKAGE TO THE TABLE?
I WOULD LOVE TO HEAR FROM THE TUC, GMA AND OTHERS LIKE SYNDEY CASELAY HAYFORD TOCOME OUT WITH A CONTRATRY ARGUMENT FROM WHAT HAS BEEN PRESENTED. ARE OUR INTELLECTUALS ON TOP OF THEIR GAME OR JUST 'FLOWING WITH THE CURRENT' OF ...
read full comment
So where is fraud and dubious claims by people who think they are the repository of wisdom.I believe most people are financially deficient.
This is the problem in Ghana because everybody seem to have an opinion not based on facts but according to ones political inclinations. If what the writer has put in the public domain are the true facts, what prevents us from ...
read full comment
Whose responsibility is it to present ALL necessary facts and information?
The truth, plus, or minus one single wrong word, is absolutely valueless.
Why was the additional information being provided now delayed?
Had ...
read full comment
Ghanaians are just VISIONLESS, always fighting for over 'PIECES OF CAKE'. So Ghanaians mean there can never be another Merchant? If we were a people of vision we will not be wasting all these time and resources making merchan ...
read full comment
visionless indeed, very true.
Ashanti Goldfield Company, Obuasi was soled to Anglogold South Africa to form Anglogoldashanti at 1.1 billion dollars by president Kuffour for some strategic reasons while at the same time Rangold was ready to offer 1.7 billi ...
read full comment
Obuasi was "soled". Kwasea go back to class one and learn how to write proper English. Was Obuasi sold by Rawlings or Kuffour? Ignorant bastard
koo, please take it easy on the afuom man small ok? i am still laughing lol
In ur logic 500 merchant bank staffs contribution to SSNiT is more important than the rest of the nation's interest . A victim of Nkrumah education legacy
...Wow.. Is that your conclusion from the arguments he advanced??? Am disappointed in your poor logic and the poverty of mind you have shown. No wonder Africa is replete with so many problems... Poor thinking. It is you who h ...
read full comment
This article is informative, devoid of the unnecessary political gimmicks and very objective. Thank you for educating me.
There was nothing new here to inform us.
All the information provided may be true but is experience in running a bank not a requirement as well?
If you had a business concern to sell, such as a bank, with the fate of so many riding on it, who would you offer it t ...
read full comment
My good friend, what is your problem??? You can buy experience, you can buy expertise. You can buy any resource both human and logistics that can run the bank and turn it around.
Nyansasem, I agree with you to some extent but do you know there is also a competency about knowing what you want before you can get it?
If you have never ran a bank before, should you be entrusted to do that based on prom ...
read full comment
The writer raised some very pertinent issues but it was incomplete. He talked about a package from Fortiz. What was the package from the other bidders, so pensioners can put the whole issue in it's right perspective, and also ...
read full comment
MR EMMANUEL BOTCHWAY IS ALSO A MAJOR DEBTOR OF MERCHANT BANK>
You have just been paid to write this rubbish. May God make you impotent for your neighbour to please your wife.
You shall live to see this yourself in your family. Note God is a maker not a destroyer. Enjoy.
Politics playing game mostly between the NDC and NPP is not helping Ghana in anyway.Development projects are abondoned.Telling lies and abusing is the order of the day.Bribery and Corruption from top to bottom mostly with the ...
read full comment
YOU WORKED FOR MERCHANT BANK AND MY QUESTIONS ARE: WHY DID THE BANK FAILED IN THE FIRST PLACE, SECOND WHERE DID FORTIZ GET THE FUNDS IN JUNE 2013 FROM AND THIRDLY WHY THIS BANK FORTIZ WILL SUSTAIN THE INDEBTEDNESS OF MERCHANT ...
read full comment
Kojo lucky you. In this hard times landing this write up job is a real coup. Any way, how much ? That is your secret.Good day.
Hon. Yankah thank you so much for clearing some issues. This have arisen with the info that Ibrahim Mahama is involved. tell us the truth? Is that true. Posterity will judge you.
Kojo, true statesman. As a result of this NPP, NDC rivery the country moves 10 steps forward and 9 steps backward and the ignorant ordinary man they use to propagate their rivery suffers. As this goes on,the workers at mercha ...
read full comment
Mr Yankah, well said but I believe one of the concerns people have is the source of Fortiz's contribution. If what they are putting up is from the ordinary workers pension contributions, then surely questions need to be asked ...
read full comment
Uncle Kojo,
There are several unanswered questions here. Could you answer these question for Ghanaians:
1.What is the track record of FORTIZ as a private equity firm.
2.What are the original sources of the $100 million cap ...
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KOJO YANKAH, LET US SEE THE OWNERSHIP OF FORTIZ. WHO ARE THE OWNERS AND WHAT IS THE SHAREHOLDING STRUCTURE.
AS A RESPECTABLE PERSON, PLEASE DONT ATTEMPT TO DO THE DIRTY WORK FOR THESE THIEVES
How much were you paid for this, Kojo, by way of "Public Relations" honorarium from the so-called Fortiz group?
You have a shirt memory, Yankah, otherwise you wouldn't be criticising the Graphic indirectly for reporting wh ...
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Thank you, Half'Ahanta for reminding us about who this propagandist is.
For lying for the PNDC, he was appointed Ashanti regional minister. He got enough money from skimming funds off projects, to start a journalism schoo ...
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For once, kojo yankah has been objective; does he have a stake in the deal? just asking...
The same accusation of "destroying state institutions" that you label against others is what you are engaging in here. This case is before the courts and therefore sub judice. Why are you writing about it if you believe in th ...
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As a respected Intelectual, I expected you to proceed to answer your questions. Please those of us with suspicions do not isolate the questions, their answers go together to reinforce our suspicions,
1. As vice president cou ...
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THIS MAN WAS THE PNDC REGIONAL SECRETARY FOR ASHANTI REGION UNDER J.J. RAWLINGS! NO WONDER!!!!
Thanks for this information. However, your piece raises more questions than answers? First of all, who run Merchant Bank down? Where was the Bank of Ghana (the oversight institution) when the merchant bank was lending money t ...
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2wMzdc Hey, thanks for the post.Really thank you! Awesome.
mdhsPM Great article.Really thank you! Awesome.