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    Parliament formally notifies EC of Kpandai vacancy seat

    Parliament formally notifies EC of Kpandai vacancy seat

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    Mahama marks one-year anniversary of election victory with renewed pledge

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    EC postpones District Assembly, Unit Committee by-elections

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    NPP’s verification exercise to guarantee free, fair primaries – Justin Kodua

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    Three standing trial over Odododiodio election violence – Interior Minister

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    NDC administration delivering ‘reverse’ not ‘reset’ -Miracles Aboagye

    NDC administration delivering ‘reverse’ not ‘reset’ -Miracles Aboagye

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    Sammy Awuku warns against ‘coordinated push’ towards ‘one-party’ state

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    Haruna Iddrisu calls for stronger budget oversight, dedicated offices for MPs

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    United Party proposes independent Anti-Corruption Czar to replace OSP

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    NPP Flagbearer Race: Ndekugri Foundation CEO endorses Kennedy Agyapong

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    Ebo Noah’s viral popularity could boost Central Region Tourism — Jonilar suggests

    Ebo Noah’s viral popularity could boost Central Region Tourism — Jonilar suggests

    Ghana’s gold sector sees record exports, Gov’t pushes for value addition

    GoldBod emerges as key player in economic recovery, helps BoG mobilise $10bn for stability

    Ukraine war: World Bank warns of ‘human catastrophe’ food crisis

    Ghana’s economy hits 5.5% growth – GSS report

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    President Mahama assents Act to scrap Covid-19 Levy

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    GEA hosts annual review meeting to enhance worker performance in Greater Accra

    MoFA welcomes corporate partnerships to support farmers – Agric Minister

    MoFA welcomes corporate partnerships to support farmers – Agric Minister

    Mahama urges adoption of modern farming technologies to boost productivity

    Take up farming duties as a side job – Mahama to professionals

    Mahama urges adoption of modern farming technologies to boost productivity

    Mahama urges adoption of modern farming technologies to boost productivity

    Ghana marks 41st National Farmers’ Day with a renewed call to ‘Feed Ghana, Eat Ghana, Secure the Future

    Ghana marks 41st National Farmers’ Day with a renewed call to ‘Feed Ghana, Eat Ghana, Secure the Future

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    GES condemns violence at Adisadel College

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    President Mahama lifts ban on state land sales

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    GES condemns violence at Adisadel College

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    GETFund accelerates practical science education with strategic funding for STEMBox initiative

    GETFund accelerates practical science education with strategic funding for STEMBox initiative

    Headmaster of Dzodze-Penyi SHS interdicted over alleged sexual misconduct

    Headmaster of Dzodze-Penyi SHS interdicted over alleged sexual misconduct

    President Mahama launches STEMBox initiative for basic education

    President Mahama launches STEMBox initiative for basic education

    Gov’t’s commitment to practical science education is commendable – Prof. Davis

    Gov’t’s commitment to practical science education is commendable – Prof. Davis

    Over 1,000 pupils in Krachi Nchumuru District receive free school uniforms

    Over 1,000 pupils in Krachi Nchumuru District receive free school uniforms

    Legon UTAG defies order to resume lectures

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    Weija Pediatric Hospital

    We’ve not interfered in Weija Pediatrics Hospital project – MoH

    Weija Pediatric Hospital

    Weija Children’s Hospital: We’re unaware of the Health Ministry’s challenges with the World Bank – Contractor

    Weija Pediatric Hospital

    Work on Pediatric Hospital at Weija stalls as World Bank allegedly cancels contract

    Veep commission’s KGL Eve Medical Centre to boost mental health care

    Veep commission’s KGL Eve Medical Centre to boost mental health care

    Africa must take control of its health future – Health Minister

    Africa must take control of its health future –Health Minister

    Georgina Appiah Amponsah: Galamsey: The enemy of Ghana’s agriculture

    Georgina Appiah Amponsah: Galamsey: The enemy of Ghana’s agriculture

    Ghana reports 12 new Mpox cases as total reaches 908

    Ghana reports 12 new Mpox cases as total reaches 908

    GHS reaffirms commitment to disability-inclusive healthcare

    GHS reaffirms commitment to disability-inclusive healthcare

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    UNFPA donates equipment to boost maternal health

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    Lumba’s final funeral rites underway in Kumasi

    Lumba’s final funeral rites underway in Kumasi

    President Mahama launches fund to care for children of helicopter crash victims

    President Mahama donates GH¢50,000 to late Daddy Lumba’s family

    Ebo Noah’s viral popularity could boost Central Region Tourism — Jonilar suggests

    Ebo Noah’s viral popularity could boost Central Region Tourism — Jonilar suggests

    Lumba’s lyrics were ‘transcendental and enjoyable’- Former President Kufuor

    Daddy Lumba’s uncle raises concerns after funeral injunction

    Baba Jamal and associates’ legal response for Fosu Royal Family

    Court okays Lumba’s funeral but family misses deadline to pay GH₵2million

    I faced depression and isolation during my marriage – Portia Asare opens up

    I faced depression and isolation during my marriage – Portia Asare opens up

    Baba Jamal and associates’ legal response for Fosu Royal Family

    High court injuncts Daddy Lumba’s funeral

    Evangelist Papa Shee narrates how widowhood claims saga began in Daddy Lumba’s family

    Evangelist Papa Shee narrates how widowhood claims saga began in Daddy Lumba’s family

    Nana Yeboah demands Agradaa’s face be shown during court appearances

    Nana Yeboah demands Agradaa’s face be shown during court appearances

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    Mahama reaffirms solidarity with Kenya at Jamhuri day celebration

    Mahama reaffirms solidarity with Kenya at Jamhuri day celebration

    Israeli troops kill municipal worker in south Lebanon raid

    Israeli troops kill municipal worker in south Lebanon raid

    Keeping the historical memory: Latin America’s participation in World War II

    Keeping the historical memory: Latin America’s participation in World War II

    Premature shut down of Washington embassy dents Ghana’s Foreign Service – Minority

    Israel-Iran Conflict: Safety of Ghanaians must be national priority – Minority to gov’t

    Cardinal Leo XIV elected as first American pope

    Cardinal Leo XIV elected as first American pope

    IMF warns that U.S. tariffs could destabilize global economy

    IMF warns that U.S. tariffs could destabilize global economy

    World Cup 2026: Argentina qualify ahead of Brazil showdown

    World Cup 2026: Argentina qualify ahead of Brazil showdown

    Heavyweight boxing legend George Foreman dies aged 76

    Heavyweight boxing legend George Foreman dies aged 76

    The truth behind presidential sunglasses: Why leaders like Mahama wear them

    The truth behind presidential sunglasses: Why leaders like Mahama wear them

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  • Home
  • Elections
    Parliament formally notifies EC of Kpandai vacancy seat

    Parliament formally notifies EC of Kpandai vacancy seat

    Ghana and Qatar begin implementation of Labour Mobility Agreement

    Elections 2028: NPP should save money and forget contesting presidential election – Kwakye-Ackah

    Mahama marks one-year anniversary of election victory with renewed pledge

    Mahama marks one-year anniversary of election victory with renewed pledge

    EC postpones District Assembly, Unit Committee by-elections

    EC postpones District Assembly, Unit Committee by-elections

    Ukraine-Russia crisis: Asking Ghanaian students to find safe shelter ‘petrifying’ – Okudzeto Ablakwa

    Ghana expresses concern over post-election violence in Tanzania

    NPP decides: Over 30,000 delegates to vote in Ashanti Region

    Justin Kodua underscores NPP constitutional amendment to strengthen party

    NPP’s verification exercise to guarantee free, fair primaries – Justin Kodua

    NPP’s verification exercise to guarantee free, fair primaries – Justin Kodua

    Three standing trial over Odododiodio election violence – Interior Minister

    Three standing trial over Odododiodio election violence – Interior Minister

    Gov’t constitutes mediation team to resolve Gbiniyiri conflict

    Full text: Interior ministers’ briefing on 2020 and 2024 election violence

  • Politics
    NDC administration delivering ‘reverse’ not ‘reset’ -Miracles Aboagye

    NDC administration delivering ‘reverse’ not ‘reset’ -Miracles Aboagye

    Sammy Awuku warns against ‘coordinated push’ towards ‘one-party’ state

    Sammy Awuku warns against ‘coordinated push’ towards ‘one-party’ state

    Haruna Iddrisu calls for stronger budget oversight, dedicated offices for MPs

    Haruna Iddrisu calls for stronger budget oversight, dedicated offices for MPs

    Third-term agenda calculated attempt to sway NDC’s focus – Korankyewaa

    NPP Chairman to Ghanaians: Let’s be mindful with people we elect as leaders

    United Party proposes independent Anti-Corruption Czar to replace OSP

    Presidential term extension dangerous to democracy – Afia Korankyewaa

    Third term agenda is ‘NPP trap’ set for Prez. Mahama – Afia Korankyewaa

    Mahama will suffer his worst defeat if seeks third term in 2028 election – Oda MP

    NPP Flagbearer Race: Ndekugri Foundation CEO endorses Kennedy Agyapong

    NPP Flagbearer Race: Ndekugri Foundation CEO endorses Kennedy Agyapong

  • News
    • Local News
  • Business
    Ebo Noah’s viral popularity could boost Central Region Tourism — Jonilar suggests

    Ebo Noah’s viral popularity could boost Central Region Tourism — Jonilar suggests

    Ghana’s gold sector sees record exports, Gov’t pushes for value addition

    GoldBod emerges as key player in economic recovery, helps BoG mobilise $10bn for stability

    Ukraine war: World Bank warns of ‘human catastrophe’ food crisis

    Ghana’s economy hits 5.5% growth – GSS report

    President Mahama assents Act to scrap Covid-19 Levy

    President Mahama assents Act to scrap Covid-19 Levy

    GEA hosts annual review meeting to enhance worker performance in Greater Accra

    GEA hosts annual review meeting to enhance worker performance in Greater Accra

    MoFA welcomes corporate partnerships to support farmers – Agric Minister

    MoFA welcomes corporate partnerships to support farmers – Agric Minister

    Mahama urges adoption of modern farming technologies to boost productivity

    Take up farming duties as a side job – Mahama to professionals

    Mahama urges adoption of modern farming technologies to boost productivity

    Mahama urges adoption of modern farming technologies to boost productivity

    Ghana marks 41st National Farmers’ Day with a renewed call to ‘Feed Ghana, Eat Ghana, Secure the Future

    Ghana marks 41st National Farmers’ Day with a renewed call to ‘Feed Ghana, Eat Ghana, Secure the Future

  • Education
    GES condemns violence at Adisadel College

    GES dismisses ‘secret recruitment’ claims

    President Mahama lifts ban on state land sales

    No need for dispute when missions school assented to MoU on religious diversity – Mahama 

    GES condemns violence at Adisadel College

    GES condemns assault on teacher at Kade SHTS, assures drastic measures

    GETFund accelerates practical science education with strategic funding for STEMBox initiative

    GETFund accelerates practical science education with strategic funding for STEMBox initiative

    Headmaster of Dzodze-Penyi SHS interdicted over alleged sexual misconduct

    Headmaster of Dzodze-Penyi SHS interdicted over alleged sexual misconduct

    President Mahama launches STEMBox initiative for basic education

    President Mahama launches STEMBox initiative for basic education

    Gov’t’s commitment to practical science education is commendable – Prof. Davis

    Gov’t’s commitment to practical science education is commendable – Prof. Davis

    Over 1,000 pupils in Krachi Nchumuru District receive free school uniforms

    Over 1,000 pupils in Krachi Nchumuru District receive free school uniforms

    Legon UTAG defies order to resume lectures

    GTEC halts UG’s distance learning centres over accreditation issues

  • Health
    Weija Pediatric Hospital

    We’ve not interfered in Weija Pediatrics Hospital project – MoH

    Weija Pediatric Hospital

    Weija Children’s Hospital: We’re unaware of the Health Ministry’s challenges with the World Bank – Contractor

    Weija Pediatric Hospital

    Work on Pediatric Hospital at Weija stalls as World Bank allegedly cancels contract

    Veep commission’s KGL Eve Medical Centre to boost mental health care

    Veep commission’s KGL Eve Medical Centre to boost mental health care

    Africa must take control of its health future – Health Minister

    Africa must take control of its health future –Health Minister

    Georgina Appiah Amponsah: Galamsey: The enemy of Ghana’s agriculture

    Georgina Appiah Amponsah: Galamsey: The enemy of Ghana’s agriculture

    Ghana reports 12 new Mpox cases as total reaches 908

    Ghana reports 12 new Mpox cases as total reaches 908

    GHS reaffirms commitment to disability-inclusive healthcare

    GHS reaffirms commitment to disability-inclusive healthcare

    UNFPA donates equipment to boost maternal health

    UNFPA donates equipment to boost maternal health

    • Lifestyle
  • Entertainment
    Lumba’s final funeral rites underway in Kumasi

    Lumba’s final funeral rites underway in Kumasi

    President Mahama launches fund to care for children of helicopter crash victims

    President Mahama donates GH¢50,000 to late Daddy Lumba’s family

    Ebo Noah’s viral popularity could boost Central Region Tourism — Jonilar suggests

    Ebo Noah’s viral popularity could boost Central Region Tourism — Jonilar suggests

    Lumba’s lyrics were ‘transcendental and enjoyable’- Former President Kufuor

    Daddy Lumba’s uncle raises concerns after funeral injunction

    Baba Jamal and associates’ legal response for Fosu Royal Family

    Court okays Lumba’s funeral but family misses deadline to pay GH₵2million

    I faced depression and isolation during my marriage – Portia Asare opens up

    I faced depression and isolation during my marriage – Portia Asare opens up

    Baba Jamal and associates’ legal response for Fosu Royal Family

    High court injuncts Daddy Lumba’s funeral

    Evangelist Papa Shee narrates how widowhood claims saga began in Daddy Lumba’s family

    Evangelist Papa Shee narrates how widowhood claims saga began in Daddy Lumba’s family

    Nana Yeboah demands Agradaa’s face be shown during court appearances

    Nana Yeboah demands Agradaa’s face be shown during court appearances

  • Features
  • World
    Mahama reaffirms solidarity with Kenya at Jamhuri day celebration

    Mahama reaffirms solidarity with Kenya at Jamhuri day celebration

    Israeli troops kill municipal worker in south Lebanon raid

    Israeli troops kill municipal worker in south Lebanon raid

    Keeping the historical memory: Latin America’s participation in World War II

    Keeping the historical memory: Latin America’s participation in World War II

    Premature shut down of Washington embassy dents Ghana’s Foreign Service – Minority

    Israel-Iran Conflict: Safety of Ghanaians must be national priority – Minority to gov’t

    Cardinal Leo XIV elected as first American pope

    Cardinal Leo XIV elected as first American pope

    IMF warns that U.S. tariffs could destabilize global economy

    IMF warns that U.S. tariffs could destabilize global economy

    World Cup 2026: Argentina qualify ahead of Brazil showdown

    World Cup 2026: Argentina qualify ahead of Brazil showdown

    Heavyweight boxing legend George Foreman dies aged 76

    Heavyweight boxing legend George Foreman dies aged 76

    The truth behind presidential sunglasses: Why leaders like Mahama wear them

    The truth behind presidential sunglasses: Why leaders like Mahama wear them

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Home Features

We won’t allow GN Bank to go down – PPP to Bank of Ghana

by Angel Online
February 7, 2024
in Features, Business, Politics, Top Story
Reading Time: 2 mins read
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We won’t allow GN Bank to go down – PPP to Bank of Ghana
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The Progressive People’s Party (PPP) has said that it will offer all the necessary support to the legal team of the Groupe Nduom so they can battle Bank of Ghana and see to the resuscitation of defunct GN Bank.

Chairman of the party, Nana Ofori-Owusu at a media briefing on Tuesday said the party represents the thousands of Ghanaians who share same sentiments about the bank which was dissolved by the Central Bank of Ghana for being ‘insolvent’

According to the firebrand chairman, the Bank which was the ‘symbol of financial empowerment and entrepreneurial spirit’ was collapsed for reasons which cannot stand the test of time.

“Its collapse, orchestrated by whispers in the corridors of power, left not just families broken, but faith in our future shattered…,” he said.

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It is to this end that he swore tooth and nail to ensure the shareholders appeal a High Court ruling which endorsed its collapse by the Bank of Ghana.

“But even in the face of this tragedy, we refuse to be silenced! The recent High Court decision, which erroneously ruled against GN Bank, only fuels our determination to fight for justice. We know, in our hearts and minds, that GN Bank was solvent, that it met all regulatory requirements, and that its revocation was politically motivated, a deliberate attempt to crush an indigenous success story.

“Therefore, we stand here today, united as Ghanaians, to declare that we will not accept this injustice! We are informed that shareholders are appealing the High Court decision, and we will fight tooth and nail until GN Bank is rightfully restored. We will not allow this government to get away with its blatant disregard for the rule of law and its callous disregard for the livelihoods of ordinary Ghanaians…,” he added.

Nana Ofori-Owusu further said that the fight for the restoration of the Bank is in the interest of all Ghanaians and not just the stateholders.

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“And this is not just about GN Bank, friends. This is about the future of our entire nation. We cannot stand by and watch as this government systematically destroys our businesses, undermine our institutions, and lines its own pockets with ill-gotten gains. We must rise up, together, and demand a better Ghana…,” the PPP Chairman said.

The collapse of the once vibrant bank which had several branches across the country, he told the press, is part of the numerous injustices happening in the Akufo-Addo regime.

Nana Ofori-Owusu, PPP Chairman

Nepotism and corruption, he added, has been entrenched in this country with persons with political connections and NPP card-bearing members always having juicy contracts.

“The stench of corruption hangs heavy in the air. Scandals whisper in alleys, scandals scream from headlines, yet still, this government turns a blind eye, deafened by the clinking of ill-gotten gains. Cash for seats, bonds for cronies, vaccines for profit – a symphony of plunder conducted by those who swore to serve but instead feast on the carcass of our nation.”

The party with the red sun as symbol, he chanted, is the only hope for the dying Ghanaian.

“Friends, even in this despair, a flicker of hope remains. We, the people, are the embers of change. We, the united voices of discontent, are the rising tide that will cleanse this land of its oppressors. We, the inheritors of greatness, will be the architects of a new dawn.

“In the upcoming elections, let our votes be thunder, let our ballots be lightning, let our anger be the storm that sweeps away this corrupt regime. Let us join hands, PPP and Ghanaians of all walks of life, and form a new alliance, a Great Alliance 2.0, that will rescue our nation from this abyss.”

 

Tags: GhanaNana Ofori OwusuPPP
Angel Online

Angel Online

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