Bank Collapse: Kofi Bentil Says BoG Is Not Bigger Than Parliament Hence Duffuor Must Be Heard
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Senior Vice President of IMANI Africa, Kofi Bentil, has approached the Bank of Ghana to expose itself to the Parliamentary test into the withdrawal of the financial licenses of uniBank and UT bank.
As per him, proof on the grounds following the breakdown of the banks has demonstrated that the methodology utilized by the Central Bank was tricky.
“What happened has not come the lines of what we were told. Unmistakably, we have not profited with the atomic methodology of exploding these banks and the deficiency of organizations and occupations related with it.
“I figure no one ought to be halted from shouting out, the issues that are being raised by Duffuor and others should be paid attention to and the bank of Ghana ought not avoid it. I propose to Parliament to widen its degree into the matter. There is no law that prevents parliament from enquiring into issues in this country and there is no law that places Bank of Ghana above parliament,” Mr Bentil noted on Newsfile Saturday.
Dr. Kwabena Duffuor who possessed unibank and UT Bank’s sovereign Kofi Amoabeng have requested of Parliament to test the withdrawal of their financial licenses by the Central Bank.
Through its legal advisors, the Bank of Ghana, in addition to other things clarified that the solicitors are just looking to utilize Parliament to have its choice evaluated.
The national bank demanded that its choice to deny the licenses of uniBank and UT Bank was taken as per legal forces it draws from the Banks and Specialized Deposit Taking Institutions (BSDTI) Act, 2016 (Act 930).
“The BSDTI Act furnishes how people who are distressed with such choices may look for change for their complaints, and the recommended goal systems do exclude plan of action to Parliament.”