Mahama must step down – NPP Communicator
Central Region Communications Director of the New Patriotic Party (NPP), Richard Takyi-Mensah, has asked President John Dramani Mahama to do to himself what he has done to the director of the Electricity Company of Ghana by stepping down.
According to him, the best option to end the energy crisis that has hit the country is for government to invest more money to generate power in the country rather than sacking the ECG boss.
President John Dramani Mahama through the Chief of Staff in a statement on Friday 21st November, 2014 relieved the ECG boss of his post.
His sack was said to be in connection with the recent intensification of power outages in the country which has been attributed to the incompetence of the ECG.
However, ECG staff across the country are demanding his re-instatement, saying he is being sacrificed for the inefficiency of the power generators, VRA and GRIDCO.
ECG, they insist, only distributes the power it is given.
Speaking on Adom FM’s Dwaso Nsem morning show, Mr. Takyi-Mensah indicated it was inappropriate for the President to order the sack of the ECG boss.
“If ECG is the distributor why should they be punished for the ‘dumsor we are facing now? If ECG boss is sacked then the president should step down because he has already failed Ghanaians miserably.
“The president should step down and allow competent people to stay on because I think he is not competent enough. He promised that from 2012 this dumsor issue will end but still nothing has been done to improve the energy sector,” he bemoaned.
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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