Former President John Mahama in a Facebook live video Thursday, addressed the country’s growing challenges in the financial sector.

The opposition NDC leader who is gunning for a return to power in 2020 shed light on the revocation of licenses of the nine banks and 23 savings and loans companies.

GN Savings and Loans, 22 others closed down

The situation which has led to mass job losses and mistrust in the country’s financial sector is a development that is worrying the former leader.

According to Mr Mahama, the situation is a national security threat which his future NDC government would fix the dire situation when given the nod.

Read his full statement below