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
-
Rule of law must be protected – GBA condemns EOCO action against Baffour Awuah
12 minutes -
950,000 barrels of Sankofa crude head to TOR as GNPC deepens domestic refining
25 minutes -
Scales of deception removed – Annoh-Dompreh attacks new cocoa price
36 minutes -
Young Positivist Writes : My Experience with GCLP
2 hours -
Strong Day 1 turnout sets tone for Day 2 of Republic Bank-JoyNews Habitat Fair Clinic
2 hours -
Ghana Army warns new soldiers against social media misuse, uniform abuse
2 hours -
AMA calls for science-led action to tackle environmental health risks in Accra
3 hours -
NPP Canada Organizer BigMo urges Diaspora to support Kodua Frimpong
4 hours -
He entered at eight. He is now 16: Ghana’s children growing up in prayer camps
7 hours -
‘Development must not always begin from Accra’ — Anwelle Foundation launched in Jirapa
7 hours -
PKO trio eye victories at Odwira Festival
9 hours -
346 Ghana Navy recruits pass out after 26 weeks of intensive training
9 hours -
Newsfile to discuss EOCO-MP arrest, drug trafficking, speech arrests and $235m water debt
10 hours -
JoyNews gets results as listeners raise GH¢40,000 to help 17-year-old student with cerebral palsy attend SHS
10 hours -
Vice President calls for stronger local pharmaceutical production to reduce medicine imports
11 hours