Audio By Carbonatix
Mr. Kwadwo Baah-Wiredu, Minister of Finance and Economic planning, has denied allegations that the Agricultural Development Bank (ADB), has finally been sold.
He indicated that he was not aware of any final decision taken by government to sell the bank to Stanbic Bank. He therefore called on Ghanaians to reject such assertions that were not clearly backed by concrete evidence, since they could spark tension within the trade union.
The finance Minister made these statements when he was reacting to rumours about the final sale of ADB to Standard Bank of South Africa’s subsidiary, Stanbic Bank Ghana, which has been pending for almost a year now.
Meanwhile, opposition to the proposed sale by Ghana’s Trade Union Congress is also growing, with a number of demonstrations held and others planned across the country.
SOURCE: THE STATESMAN
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
Ghana assistant coach Roger de Sa details how he got the job
24 minutes -
Taiwan president visits Eswatini days after blaming China for cancelled trip
27 minutes -
Regional ‘Fisheries Without Borders’ project launched to combat declining fish stocks
31 minutes -
Man charged with murder and sexual assault of 5-year-old Australian girl
35 minutes -
Germany says US troop withdrawal ‘foreseeable’ as Trump warns of more ‘cuts’
55 minutes -
Eduwatch warns DACF formula is deepening rural education inequality
57 minutes -
Over 37,000 candidates to sit 2026 BECE in Northern Region
58 minutes -
California to begin ticketing driverless cars that violate traffic laws
60 minutes -
Chamber of Mines disputes GoldBod CEO’s claim on forex repatriation by large-scale miners
1 hour -
Adomako-Mensah rebukes PURC over silence on recent power outages
1 hour -
Political interference biggest threat to local governance – CHALOG President
1 hour -
Chief of Staff announces Presidential Delivery Unit to track government promises
1 hour -
Adomako-Mensah questions Mahama’s 1,200MW power plant announcement
1 hour -
NPP’s Kwabena Frimpong slams government over ‘unfair’ health recruitment system
1 hour -
Ghana’s problems solvable but not with square pegs in round holes
3 hours