blank
Your site title
search-icon

KPMG

BOG's Decision To Revoke uniBank's Licence Looks Unfair And Politically Motivated — Franklin Cudjoe

08/23/2018 9:47 am
by
blank

blank
The head of the think tank IMANI Ghana, Franklin Cudjoe, has waded into the issue of the Bank of Ghana’s increasingly fraught decision to revoke the licence of uniBank, which among all the other banks seems to have been dealt with the most unfair of hands.
According to Franklin Cudjoe, examining the facts on the ground makes it clear that the Bank of Ghana are not acting in the best interest of the financial sector as they claim but for their own parochial interests which might be politically motivated.

Read more

Shareholders Of uniBank Condemn Leak Of 'Biased' KPMG Report And Demand BOG Provides Them An Official Copy To Adequately Respond To

08/20/2018 7:49 am
by
blank

blank
The shareholders of uniBank Ghana Limited have issued a statement condemning the leak of the KPMG report upon which the Bank of Ghana took the decision to collapse their bank when they themselves have not been served with a copy despite repeated requests.
The shareholders convey their anger and disappointment at not being given the chance to defend themselves by receiving a copy of the report but are now being tried in the court of public opinion due to the leak.

Read more

LEAKED REPORT EXPOSES BOG — KPMG Admitted Their Report Was One Sided And Not Up To Standard But BOG Used It To Shut Down uniBank Anyway In Pursuit of Their Own Agenda

08/19/2018 5:48 pm
by
blank

blank
Bank of Ghana

The closure of the indigenously owned uniBank continues to raise eyebrows as it becomes increasingly clear that best practices were not followed and that the decision might have had other motivations aside simply saving the financial health of the Ghanaian economy.
As already made clear in an impressive article by Mark Kofi Poku, the Bank of Ghana violated several laws of natural justice in their closure of uniBank, ranging from not taking their side of the story into consideration, refusing to pay the substantial debts the government owed the bank which would on their own have made the bank financially healthy and even failing to take into consideration the fact that the bank procured a loan from an international source which would have saved it as well.

Read more