Founder of GN Bank and Gold Coast Security Dr Papa Kwesi Ndoum is wondering why Ghanaians take delight in rejoicing over the misfortune of their colleagues especially business owners.
The businessman popularly known as ‘Adwumawura” expressed worry at the fact that Ghanaians express joy when others fall saying “Why are many Ghanaians so quick to rejoice and are willing to inflict more damage when they perceive that someone is down?”
According to him, he felt the pain of customers of his Financial Institution who were caught in the engineered liquidity crisis.
The Business magnate who has been out of the country in an interview with Daily Graphic said “I have felt the pain of customers caught in the engineered liquidity crisis.
The former flagbearer for the Progressive Peoples Party (PPP) indicated that the problems affected his health but was hopeful that whatever is hidden will certainly come to light.
“It cost me my health but I have an unshakable belief that while there is judgment here on earth, we will all have to give account to the Higher Judge above one day. What is covered by darkness, documents hidden, plans hatched behind closed doors to make others suffer will come to light.”
Papa Kwesi Ndoum said since the issue is still in court, he intends not to comment on the substantive matter.
“I have sent numerous petitions to state and traditional authorities. I took the advice of many of them to appeal to the Human Rights Division of the High Court in Ghana to seek the restoration of the rights which were wrongfully taken away from me on that day by the BoG. While the matter is still in court, I will continue to stay away from the substantive matter,” he stated.
Bank of Ghana last year transformed GN Bnak into a savings and loans company as a result of what they described as its innability to resolve its liquidity issues.
A statement issued by the BoG said the revocation of the bank’s license had become necessary because they were insolvent, even after a reasonable period within which the bank had engaged with them in hopes that they would be recapitalised by their shareholders to return them to solvency.
