AUDIO: Next NDC govt will collapse Ken Ofori Atta’s Databank in 2021 – Yamoah Ponkoh

Next NDC govt will collapse Databank in 2021 Yamoah Ponkoh
Yamoah Ponkoh

Former Municipal Chief Executive (MCE) for Ejisu Juaben Municipality Afrifa Yamoah Ponkoh has revealed that the opposition National Democratic Congress (NDC) when it comes to power in 2021, will deliberately collapse Databank Financial Services, which is owned by Finance Minister Ken Ofori Atta.

According to the politician, the NPP government has deliberately collapsed uniBank owned by former Finance Minister Dr Kwabena Duffour all because he is a member of the opposition NDC party.

The Central Bank on August 1 merged Unibank, The Royal Bank, Sovereign Bank, The Construction Bank and Beige Bank under a new name Consolidated Bank of Ghana Limited, with the government committing 450 million cedis to support these banks.

Announcing the move, the governor of the Central Bank Ernest Addison said, “To help ensure that the banking sector maintains a strong indigenous presence, the government has established a new bank called Consolidated Bank Ghana Limited which will act as a bridge bank pursuant to section 127 (11) of Act 930, to assume some of the assets and liabilities of the five banks.

The Government has capitalised the new bank in the amount of GH¢450 million and the Bank of Ghana has issued it with a universal banking licence with effect from 1st August 2018″.

But speaking to host Kwame Adinkra on Kumasi based Abusua FM’s morning show, Afrifa Yamoah Ponkoh slammed Finance Minister Ken Ofori Atta and the NPP government for deliberating collapsing uniBank.

He indicated that the Finance Minister will have a taste of his own bitter medicine given to Dr. Kwame Duffuor when the NDC returns to power in 2021, where he [Ofori Atta] will see his Databank financial services going down.

“I’m sure Ken Ofori Atta’s Data Bank is still there, tell him that I say in 2021, we’ll collapse Databank, come what may in 2021, Databank will be collapsed. If a policeman is burnt on arresting you, he’ll ensure that out of the 99 laws, you fall guilty of one of them. As we speak over 800 staff have been sacked over the collapse of the bank. When we talk of performance, Databank comes no where near uniBank, you talk of assets, etcetera, and yet someone who feels powerful in government has caused uniBank’s collapse. And he’s sitting there jubilating over the collapse of uniBank, he eats and laughs beating his belly. I tell you, [Ken Ofori Atta] we’ll also collapse your Databank when we come to power.”


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