Kennedy Agyapong twisting facts to denigrate Duffuor – ASEPA

Popular Stories

This Is What It Means If You have 3 Lines On Your Right Palm Instead of 4.

Scientifically, lines on the palm are called palmar flexion creases, they help the skin on the hand stretch and squeeze. Some people...

‘How Did You Lose Weight’ – See Recent Photos of Nollywood Comedian, Okon Lagos That Got People Talking

Popular Nollywood actor and comedian, Emem Bishop Umoh better known as Okon Lagos has stunned his fans with a new and more appealing version...

Distraught British grandmother ‘duped’ £18k by Ghanaian lover

- Advertisement - A lonely gran who claims she was conned out of £18,000 by her Ghanaian toyboy lover and accused...

Mortuary Man’s First Day At Work, See What Happened (VIDEO)

A viral footage that popped online captured the moment a newly employed mortuary man embarked on his first day at work.His co-workers...
Christopher Sam
Christopher Sam is a web designer, developer and has advanced knowledge in Search Engine Optimization, Responsive Website Design, Emails Marketing, BULK SMS Messaging, Schema Markup and a certified Google Trainer. He is a creator and editor at Hypercitigh.com, an online digital platform focusing on Credible and Timely news and in Ghana.
- Advertisement -

The Executive Director for the Alliance for Social Equity and Public Accountability (ASEPA) Mensah Thompson has challenged claims by Assin Central MP Kennedy Agyepong that Dr. Kwabena Duffuor acquired personal properties with the funds of Unibank customers.

According to him, some of the properties being mentioned by the lawmaker were acquired by the business magnate long before unibank was established.

“Unibank was under administration and the purpose of administration according to Act 930 is to find viable means of reviving and sustaining the bank.
So whatever challenges Unibank was going through that was why they were put under administration to resolve the problems and keep Unibank afloat.

- Advertisement -

“As part of Unibank’s commitment to the administration process of reviving the bank, it listed a number of properties it was willing to liquidate to inject into the bank. Yes you heard right, Dr. Duffuor was willing to sell off his own properties and others belonging to his companies to inject the money into Unibank so that no customer would lose their investment,” ASEPA said in a statement.

It added: The letter Ken Agyapong showed on his TV is proof of that arrangement, but that letter does NOT in any way show how those properties were acquired and neither is it proof that depositors money was used to acquire those properties,(infact most of those properties are even older than Unibank)

“HODA holdings has a number of Assets just like any holdings company, and so if the shareholders were willing and ready to liquidate some of their Assets to inject into Unibank to keep it afloat, why were they NOT given the chance to do so but rather cruelly collapsing the bank and still Government cannot even pay the depositors monies to them.
So who cares more about the customers; the shareholders who were willing to sell their hard earned properties to save Unibank and it’s depositors investment or a Government that rejected that arrangement, collapsed the bank and still cannot pay the depositors???”.

- Advertisement -

Watch Kennedy Agyapong on ‘The Seat Show’:

- Advertisement -
SourceStarrfM
- Advertisement -

More articles

Latest article

Man buys acre of moon for wife as wedding gift [Photos]

A 23-year-old Pakistani man, Sohaib Ahmed, who got married six months ago, has bought a one-acre plot of land on the moon...

Liberia’s first ‘indigenous’ president was tortured on video and laid naked in state

After Charles Taylor was able to put together a militia dubbed the National Patriotic Front of Liberia (NPFL) with the help of...

Candace Owens says ‘looney lefty’ Amazon employees damaged her books before delivery

Conservative author and pro-Trump activist Candace Owens...

Bobi Wine questions Yoweri Museveni’s academic credentials

Ugandan singer and opposition politician Bobi Wine...