Following President John Mahama’s claim that the New Patriotic Party (NPP) did nothing substantive in terms of development projects in the Volta Region during their tenure, former President John Agyekum Kufuor has rubbished the President’s claims by putting forth his administration’s achievements in the region.
President Mahama recently accused the NPP of sidelining the Volta Region as far as infrastructural development was concerned.
The President strongly defended the record of the NDC in the Volta Region, saying that the party was responsible for all the massive projects that the region has seen since the inception of the fourth republic.
President Mahama has previously challenged the NPP to indicate the projects they executed during their 8-year tenure, and it appears former President Kufuor has stepped up to the president’s challenge by touting his achievements in the region during his eight year tenure.
Mr. Kufour, who was speaking at his residence in Accra when the newly elected NPP MP for Abuakwa North paid a courtesy call on him, said his interventions in the Volta Region are uncountable.
NDC squandered money meant for the Keta Sea Defense project
He also accused the NDC of squandering money meant for the development of the Volta Region particularly in their handling of the Keta Sea Defense Project.
“They claim we did nothing in the Volta Region. Let’s start from Keta. The money they acquired for the sea defense wall, they squandered it. It was during my tenure that we constructed the wall.”
He also drew attention to the fact his government constructed the Ho Polytechnic and roads from Nkonya through to Dambai.
“Ho Polytechnic was built by us. Even the University of Ghana envies this school. Go to Nkonya through to Dambai. We constructed all those roads in the first term of the NPP.”
The former President also bemoaned the fact Ghana has returned to the IMF due to the government’s mismanagement of the economy.
“In three years, we were able to take Ghana from the IMF. Now we are back here again…During my tenure, Ghanaians abroad always wanted to come back home but this is no longer the case.”
BREAKING NEWS: BoG takes over Unibank
The Bank of Ghana has announced it has taken over the management of private bank, Unibank.
The Governor of the central bank explained at a press conference, the takeover is due to challenges facing the bank. He mentioned weak supervisory standards and weak operations as the cause of the challenges.
Ernest Addison said the bank, adjudged the 6thbest performing company in Ghana at the Ghana Club 100 awards in 2017, provided inaccurate data during the central bank’s effort to resolve the problems last year.
He assured depositors their money is safe, stressing “we are not liquidating the bank, we are saving it.”
The take-over comes weeks after Unibank announced it was taking over adb.
The top management of Unibank are Dr. Kwabena Duffuor II who is Chief Executive Officer, Ekow Nyarko Dadzie-Dennis Chief Operating Officer, Executive Director Owusu-Ansah Awere, Executive Clifford Duke Mettle, Director of Risk Management Kwesi Nkrumah Pimpah.
Photo: CEO Kwabena Duffour II was awarded the most enterprising young executive award in 2017.
The bank’s company secretary is Sylvia Assimeng-Archer, Executive Head of Treasury and Global Trade John Collins Arthur, Executive Head of Corporate Banking Elsie Dansoa Kyereh and Executive Head of Innovations and Business Execution Florence Ohene.
This executive management are expected to give way to new control, KPMG appointed by the central bank.
The bank was founded in 1997 by Kwabena Duffour who later became Finance minister under the Mills administration.
But after 20 years of private management, Kwabena Duffour who is a former Governor of the Bank of Ghana loses control of unibank to his former employers.
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