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    Akufo-Addo to lead AU Elections Observation Mission in DR Congo

    Akufo-Addo to lead AU Elections Observation Mission in DR Congo

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    I’ll personally campaign against you in 2028 if you don’t deliver – Speaker tells Baba Jamal

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    Baba Jamal wins Ayawaso East by-election

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    Police organize show of force ahead of Ayawaso East by-election

    My popularity in Ayawaso East stems from integrity, not inducement – Baba Jamal

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    My popularity in Ayawaso East stems from integrity, not inducement – Baba Jamal

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    NPP presidential election committee commends police for peaceful primary

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    Things will improve; let us be patient – Asiedu Nketia on security service recruitment

    NPP accuses NDC of intimidation in Birim Central

    NPP accuses NDC of intimidation in Birim Central

    Audit Report: A calculated attempt to cover up complaints of hardship – Oda MP

    Akufo-Addo to lead AU Elections Observation Mission in DR Congo

    Akufo-Addo to lead AU Elections Observation Mission in DR Congo

    I’ll personally campaign against you in 2028  if you don’t deliver – Speaker tells Baba Jamal

    I’ll personally campaign against you in 2028 if you don’t deliver – Speaker tells Baba Jamal

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    Suhum MP calls for Parliamentary Budget Office to boost fiscal oversight

    Suhum MP calls for Parliamentary Budget Office to boost fiscal oversight

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    Finance Minister holds talks with World Bank on economic transformation through job creation

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    Afenyo-Markin warns against fuel price hikes amid Middle East tensions

    GOLDBOD parries claims of inflated-priced laptops, sole-sourced office renovation works

    GOLDBOD parries claims of inflated-priced laptops, sole-sourced office renovation works

    GoldBod to establish district gold buying centres to boost transparency

    GoldBod to establish district gold buying centres to boost transparency

    KMA bans open salt use at restaurants, chop bars ‎

    KMA bans open salt use at restaurants, chop bars ‎

    McDan Aviation accuses GACL of alleged breach of contract in license agreement

    McDan Aviation accuses GACL of alleged breach of contract in license agreement

    Ministry of Tourism and GTA launch ‘Taste 69@69’ to promote local cuisine

    Ministry of Tourism and GTA launch ‘Taste 69@69’ to promote local cuisine

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    W/R: House of Chiefs President admonish students to focus on their education

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    Dr. Amoah reflects on journey to found first Ghanaian-owned School in UAE

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    About 30,000 SHS graduates may get chance to re-sit WASSCE maths – Education Minister

    About 30,000 SHS graduates may get chance to re-sit WASSCE maths – Education Minister

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    DIP and GHS announces Consumer Health Week 2026 to empower consumer-centred systems

    DIP and GHS announces Consumer Health Week 2026 to empower consumer-centred systems

    Gov’t secures financial clearance for over 14,000 rotation health professionals

    Gov’t secures financial clearance for over 14,000 rotation health professionals

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    Health Ministry suspends Nkanchina College of Nursing principal over alleged unapproved admission

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    FDA begins nationwide checks over claims of plastic used in plantain chips

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    Vendors using plastic to fry plantain chips to face prosecution – FDA

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    Softcare FM manufacturing Ltd. partners vice-presidential initiative to advance menstrual health in Ghana

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    GHS marks world glaucoma week 2026: Calls for eye screening to prevent irreversible blindness

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    Health Ministry sets up probe into engineer’s death after alleged emergency care denial

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    Broda Sammy confirms divorce from wife

    Broda Sammy confirms divorce from wife

    TGMA 27: Full list of nominees revealed across major categories

    Telecel Ghana Music Awards introduces new policy for late-year songs

    2026 TGMA: I feel cheated – Ras Kuuku on exclusion from reggae category nomination

    2026 TGMA: I feel cheated – Ras Kuuku on exclusion from reggae category nomination

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    I will curse any youth who disrespects me on social media – Ajagurajah

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    Lilwin’s DNA test rumors are a marketing stunt for his movie “DNA” – Wezzyempire

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    TGMA 27: Full list of nominees revealed across major categories

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    Ablakwa meets heads of the missions of US, Israel and Iran over Middle East tensions

    Ablakwa meets heads of the missions of US, Israel and Iran over Middle East tensions

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    AU concerned about U.S. military strikes on Iran

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    Ghana seeks international arbitration over maritime boundary dispute with Togo

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    Mahama reaffirms solidarity with Kenya at Jamhuri day celebration

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    Israeli troops kill municipal worker in south Lebanon raid

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    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

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  • Elections
    Akufo-Addo to lead AU Elections Observation Mission in DR Congo

    Akufo-Addo to lead AU Elections Observation Mission in DR Congo

    I’ll personally campaign against you in 2028  if you don’t deliver – Speaker tells Baba Jamal

    I’ll personally campaign against you in 2028 if you don’t deliver – Speaker tells Baba Jamal

    Baba Jamal wins Ayawaso East by-election

    Baba Jamal wins Ayawaso East by-election

    Police organize show of force ahead of Ayawaso East by-election

    Police organize show of force ahead of Ayawaso East by-election

    My popularity in Ayawaso East stems from integrity, not inducement – Baba Jamal

    I never shared television at Ayawaso by-election – Baba Jamal

    My popularity in Ayawaso East stems from integrity, not inducement – Baba Jamal

    Baba Jamal appears before committee probing vote-buying claims in Ayawaso East

    NPP presidential election committee commends police for peaceful primary

    NPP presidential election committee commends police for peaceful primary

    Ghana and Qatar begin implementation of Labour Mobility Agreement

    We tricked NPP by urging them to vote Ken Agyapong as flagbearer – Kwakye-Ackah

    We’ve already handed the steer to you – Obuasi Chiefs hail Bawumia

    Bawumi’s election as 2028 flagbearer is ‘sweet victory for the NPP’ – Krobea Asante

  • Politics
    I would’ve been surprised if Mahama retained Dampare – Ama Daaku

    I expected Ablakwa to resign over gov’t officials use of private jet – Ama Daaku

    Foreign entities see Ghanaians as fools – Odike 

    There’s nothing wrong with Mahama using his brother’s private jet – Odike

    Two handed 20 years’ jail term for cable theft at Assin Edubiase

    Things will improve; let us be patient – Asiedu Nketia on security service recruitment

    NPP accuses NDC of intimidation in Birim Central

    NPP accuses NDC of intimidation in Birim Central

    Audit Report: A calculated attempt to cover up complaints of hardship – Oda MP

    Akufo-Addo to lead AU Elections Observation Mission in DR Congo

    Akufo-Addo to lead AU Elections Observation Mission in DR Congo

    I’ll personally campaign against you in 2028  if you don’t deliver – Speaker tells Baba Jamal

    I’ll personally campaign against you in 2028 if you don’t deliver – Speaker tells Baba Jamal

    Patrick Boamah urges government to reduce mining levies

    Speaker swears in Baba Jamal as Ayawaso East MP

    NPP urged to withdraw from 2028 general elections, seek group counseling

    NPP to digitalise ongoing membership registration exercise

  • News
    • Local News
  • Business
    Suhum MP calls for Parliamentary Budget Office to boost fiscal oversight

    Suhum MP calls for Parliamentary Budget Office to boost fiscal oversight

    IMF delegation arrives in Ghana today to commence talks with government

    Ghana making progress in fiscal transparency – IMF

    Finance Minister holds talks with World Bank on economic transformation through job creation

    Finance Minister holds talks with World Bank on economic transformation through job creation

    Afenyo-Markin warns against fuel price hikes amid Middle East tensions

    Afenyo-Markin warns against fuel price hikes amid Middle East tensions

    GOLDBOD parries claims of inflated-priced laptops, sole-sourced office renovation works

    GOLDBOD parries claims of inflated-priced laptops, sole-sourced office renovation works

    GoldBod to establish district gold buying centres to boost transparency

    GoldBod to establish district gold buying centres to boost transparency

    KMA bans open salt use at restaurants, chop bars ‎

    KMA bans open salt use at restaurants, chop bars ‎

    McDan Aviation accuses GACL of alleged breach of contract in license agreement

    McDan Aviation accuses GACL of alleged breach of contract in license agreement

    Ministry of Tourism and GTA launch ‘Taste 69@69’ to promote local cuisine

    Ministry of Tourism and GTA launch ‘Taste 69@69’ to promote local cuisine

  • Education
    W/R: House of Chiefs President admonish students to focus on their education

    W/R: House of Chiefs President admonish students to focus on their education

    Sammi Awuku launches award scheme at AUGUSCO to honour outstanding students, teachers

    Sammi Awuku launches award scheme at AUGUSCO to honour outstanding students, teachers

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

    UCC to honour Vice President  with a Distinguished Fellow Award

    Prioritise practical and vocational skills – Serwaa Akoto urges

    Prioritise practical and vocational skills – Serwaa Akoto urges

    Dr. Amoah reflects on journey to found first Ghanaian-owned School in UAE

    Dr. Amoah reflects on journey to found first Ghanaian-owned School in UAE

    UniMAC wins 2026 Commonwealth Day national debate

    UniMAC wins 2026 Commonwealth Day national debate

    TVET is key to financial freedom and youth development – Franklin Kobla

    TVET is key to financial freedom and youth development – Franklin Kobla

    FuelTrade donates GHS 1 million to GETFund

    FuelTrade donates GHS 1 million to GETFund

    About 30,000 SHS graduates may get chance to re-sit WASSCE maths – Education Minister

    About 30,000 SHS graduates may get chance to re-sit WASSCE maths – Education Minister

  • Health
    DIP and GHS announces Consumer Health Week 2026 to empower consumer-centred systems

    DIP and GHS announces Consumer Health Week 2026 to empower consumer-centred systems

    Gov’t secures financial clearance for over 14,000 rotation health professionals

    Gov’t secures financial clearance for over 14,000 rotation health professionals

    Health Ministry suspends Nkanchina College of Nursing principal over alleged unapproved admission

    Health Ministry suspends Nkanchina College of Nursing principal over alleged unapproved admission

    FDA begins nationwide checks over claims of plastic used in plantain chips

    FDA begins nationwide checks over claims of plastic used in plantain chips

    Vendors using plastic to fry plantain chips to face prosecution – FDA

    Vendors using plastic to fry plantain chips to face prosecution – FDA

    Gov’t to fly injured recruitment stampede victim abroad for treatment

    Softcare FM manufacturing Ltd. partners vice-presidential initiative to advance menstrual health in Ghana

    Softcare FM manufacturing Ltd. partners vice-presidential initiative to advance menstrual health in Ghana

    GHS marks world glaucoma week 2026: Calls for eye screening to prevent irreversible blindness

    GHS marks world glaucoma week 2026: Calls for eye screening to prevent irreversible blindness

    Health Ministry sets up probe into engineer’s death after alleged emergency care denial

    Health Ministry sets up probe into engineer’s death after alleged emergency care denial

    • Lifestyle
  • Entertainment
    Broda Sammy confirms divorce from wife

    Broda Sammy confirms divorce from wife

    TGMA 27: Full list of nominees revealed across major categories

    Telecel Ghana Music Awards introduces new policy for late-year songs

    2026 TGMA: I feel cheated – Ras Kuuku on exclusion from reggae category nomination

    2026 TGMA: I feel cheated – Ras Kuuku on exclusion from reggae category nomination

    I will curse any youth who disrespects me on social media – Ajagurajah

    I will curse any youth who disrespects me on social media – Ajagurajah

    Lilwin’s DNA test rumors are a marketing stunt for his movie “DNA” – Wezzyempire

    Lilwin’s DNA test rumors are a marketing stunt for his movie “DNA” – Wezzyempire

    TGMA 27: Full list of nominees revealed across major categories

    TGMA 27: Full list of nominees revealed across major categories

    Baba Jamal and associates’ legal response for Fosu Royal Family

    Children of Daddy Lumba urge public to respect family privacy after burial

    Medikal named ambassador for ‘Red Means Stop’ drug campaign

    My ambassadorial role in Anti-Drug campaign is voluntary – Medikal

    DNA test shows child I raised for 10 years isn’t mine — Kwadwo Nkansah

    DNA test shows child I raised for 10 years isn’t mine — Kwadwo Nkansah

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    Ablakwa meets heads of the missions of US, Israel and Iran over Middle East tensions

    Ablakwa meets heads of the missions of US, Israel and Iran over Middle East tensions

    AU concerned about U.S. military strikes on Iran

    AU concerned about U.S. military strikes on Iran

    Ghana seeks international arbitration over maritime boundary dispute with Togo

    Ghana seeks international arbitration over maritime boundary dispute with Togo

    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

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    Cardinal Leo XIV elected as first American pope

    Cardinal Leo XIV elected as first American pope

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

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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
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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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