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Economist bulldozes Bawumia with 555 questions on the banking sector crisis

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Comment: VINDICTIVE POLICY OF NPP KILLED BANKS

Author:
KW
Date:
2020-12-06 18:54:20
Comment to:
Economist bulldozes Bawumia with 555 questions on

Recall when NPP took office and announces to freeze all government payments to all contractors for investigations to be done? If most banks have loaned money to contractors and their payments are frozen what happens to the loans? they will fault and trigger banking sector issues. The situation was made worse when the already exposed banks were to face an increased capitation demand by funny policy that ended up killing indigenous banks and almost killed others like zenith, acess Ecobank who are still around because their headquarters pumped in funds to keep abreast the mess.

in the end the bank meltdown was pushed aside with sensationalism regarding Mensgold though we all see the government let mensgold off the hook.

Its a sham to divert attention and hope the bank mess by the NPP will go away but thing got worse and we all see the results. The economy is bust and NPP knows it hence no one is discussing it. How sad.

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KW on Dec 6, 18:54
VINDICTIVE POLICY OF NPP KILLED BANKS