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
Tags:
Latest Stories
-
NPP Council of Elders in Ashanti region set to boycott Regional Executive Elections
7 mins -
Major shake-up hits ECG as new MD reshuffles top 14 officers
13 mins -
Accountability will suffer if Parliament is not financially independent – Research Analyst
18 mins -
AfDB’s $1.2bn food crisis support is wholly inadequate – Northern Development and Democratic Institute
25 mins -
We should spend time to tell our stories – CSIR D-G to staff
45 mins -
Diamond Cement Group rewards customers, distributors
49 mins -
Develop rural communities to prevent indigenes from accepting offers from terrorists – GNAT to government
1 hour -
Effects of terrorism do not respect national borders – UNDP Ghana
2 hours -
Man arrested with weapon during NPP’s Savannah Regional elections
2 hours -
10k women in Ghana and Nigeria to benefit from mPharma’s free cervical cancer tests, treatment
2 hours -
New Music: Medikal writes a ‘Letter to My Ex’, Bisa Kdei, Kweku Smoke, Joe Mettle drop songs
2 hours -
Empress Gifty made ambassador for ‘See Something Say Something’ terrorism awareness campaign
3 hours -
MTN Ghana to hold 4th AGM virtually on May 30
3 hours -
The Tony Elumelu Foundation has transformed the face of entrepreneurship – Mrs Ugochukwu
4 hours -
I didn’t love my husband as much once we had kids
4 hours