Fear Grips Bank Managers

Mon, 21 Aug 2006 Source: The Sun

There is the lingering fear among a crop of bank managers at the helm of banking institutions where cocaine barons are operating their bank accounts in the country that they could be dragged into the cocaine investigations being conducted by the Georgina Wood Committee, probing into the disgraceful saga, The Sun has learnt.

The fear stems from the fact that managers were said to be in know, whenever the accounts of drug barons swelled like a five-story building, yet they consistently failed to tip-off security network, under the guise of strict banking secrecy. Worse still remains the fact that there are pieces of physical evidence to the effect that the drug barons used to empty their accounts, when ever the cocaine trade was to shoot off from Accra to the cartel areas of Columbia, Venezuela and the likes.

Still quaking in their shoes, suits and ties in the confines of their air-conditioned banks, the bank managers have been known to sweat profusely whenever the Georgina Wood Committee sits. With fidgety fingers, cocked ears and palpitating hearts, the managers could well hasten to their death through hypertension if indeed the Committee does not speed up to a halt.

An insider last week told the Sun how one of the suspected baron’s account at the bank at a certain stage swelled to billions without a trace of the source of the business that let to such dividends.“At times some of us were shocked as to exact transaction that these people were trading until the appearance of the suspects at the probe,” an insider told this paper.

Source: The Sun