One of Ghana’s most powerful kings, Otumfuo Osei Tutu, has revealed the truth about how former president Mahama regrets ever no listening to his advice.
In an interaction with president Akufo-Addo at the Manhyia palace during his visit of the Ashanti region, the Asante king revealed that almost all former presidents have highly acknowledged the weight of his advice to them.
“I had conversations with former presidents and they admitted they should have listened to my counsel. Rawlings and Kufuor were all here; I spoke with Prof. Mills ten days before his death and he said the same thing.
Shortly after his term ended, President Mahama was here and he mentioned he ignored a number of things I counselled him on which he has paid dearly for,” Otumfuo said.
It might not be sure what advice the Asantehene may have given Mahama but YEN believes it could have been about the chances of losing the 2016 elections if he does not either consider the plights of the Ashanti region or that of Ghanaians as a whole.
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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