Government has denied it has any intention of selling the Agricultural Development Bank (ADB). According to the Ministry of Finance and Economic Planning, government is rather committed to strengthening the capacity of ADB to play its core function of financing agricultural development. Government’s position was contained in a release issued in Accra by the Ministry of Finance in reaction to recent publications about the purported sale of the bank. It adds that government has also no intention of allowing ADB to enter into any form of partnership with any financial institution, local or foreign. According to the statement, the Finance Minister, Dr. Kwabena Duffuor, has also at no point in time disclosed to any media house that Dr. Percival Alfred Kuranchie of the National Investment Bank was fronting the deal to privatize ADB, especially when, as Managing Director, he was at the forefront in the crusade against its privatization. ADB a few years back was the subject of a takeover bid by Stanbic Bank. Stanbic had hoped to fast track its expansion by acquiring ADB. The Agricultural Development Bank is wholly owned by government, partly though the Bank of Ghana. Source: Joy Business/Myjoyonline.com/Ghana