President’s brother defraying Merchant Bank debt

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insight to the bone 10 years ago

Now that its clear and exposed that this regime is burdened toxic tribalism , thieving corruption and hegemony we shall now elaborate on the other pillar which is the crudest form of cult personality politics . cult personali ...
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Now that its clear and exposed that this regime is burdened toxic tribalism , thieving corruption and hegemony we shall now elaborate on the other pillar which is the crudest form of cult personality politics . cult personality politic has led our country into ruins and collapsed all economic prosperity. cult personalitis hstarted in the days of nkrumah and were modified by evil wicked ayigbe kwasea jj. we see what it has done to north Korea , what happened to china under mao , Russia under Stalin , Germany with Hitler , Libya with Gaddafi , Yugoslavia with Tito and the list is endless . under the guise of cult personalities unheard of atrocities against their own citizens are committed as we ourselves also witnessed with jj and nkrumah since all these leaders in their blasphemous style governance think they are gods above God and therefore are infallible and can not make any mistakes . these psychopaths cause such pain and misery to the majority of there people but feel no remorse or guilt for their actions rather blow the trumpet of always blaming the innocent as we with the barking dog jj today. no nation with these kind of cult personalities dominating their leadership has ever succeeded in developing or reaching their full potential. their systems are best eradicated with a revolution or war so the people have a chance of a fresh start , coups are never enough as they only replace one criminal with another . pepeni has capitulated to whom its not so clear but its evident in his whining and crying that he says he is not liked , loved or respected so we suspect jj is now again ruling by proxy with the help of his ayigbe homicidal criminals . we must now ready the people for the inevitable which is war and we Akans shall be victorious . We all noticed pepeni was shunned and snubbed by all the other presidents in south africa except his unpopular colleague zuma since the whole world now knows he is a fake , an imposter and a good for nothing clown of an idiot .he best just think of how best he may resign before the blood flows in the streets as cult personality politics never end peacefully , a word to the wise long live the republic of Akan
Ann 10 years ago

DO SOMETHING FOR MAMA GHANA.
TALK IS CHEAP

DO SOMETHING FOR MAMA GHANA.
TALK IS CHEAP
AKONOBA 10 years ago

Akonfem president=akonfem govt. Faith is not a policy. The Akonfem President is policyless, visionless, directionless and focusless. Edey be Keke is not a policy to transform the ecomini. Compare with NPP NHIS, NYEP, LEAP, Me ...
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Akonfem president=akonfem govt. Faith is not a policy. The Akonfem President is policyless, visionless, directionless and focusless. Edey be Keke is not a policy to transform the ecomini. Compare with NPP NHIS, NYEP, LEAP, Metro Mass Transport etc.
Wells 10 years ago

That's right. Every right thinking Ghanaian should ask this question. Where did this Mahama got Guarantor from that.He should tell us what kind of assets did he give to the banks in return. All of a sudden he has been able to ...
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That's right. Every right thinking Ghanaian should ask this question. Where did this Mahama got Guarantor from that.He should tell us what kind of assets did he give to the banks in return. All of a sudden he has been able to acquire a loan of $28 million. We are not Dump. They should know that. The lid will one day be open. And those NDC guns who are sitting on their pews to allow such corruption take place should also
know that Ghana is not for them alone and time they say will always tell.
insight to the bone 10 years ago

we shall form our own country!!! long live the superior republic of Akan!!!

we shall form our own country!!! long live the superior republic of Akan!!!
agang 10 years ago

Are you in this world. Illiteracy is your problem. Travel and see and your primitive thinking of Akan will evaporate.

Are you in this world. Illiteracy is your problem. Travel and see and your primitive thinking of Akan will evaporate.
agang 10 years ago

You are purely illiterate. Travel and see and this primitive thinking of Akan will evaporate. Think of Gh. don't be.......

You are purely illiterate. Travel and see and this primitive thinking of Akan will evaporate. Think of Gh. don't be.......
yendi boy 10 years ago

You are so ignorant.The guy is a businessman and he made his deal with a bank for a loan.What has that got to do with tribalism and president Mahama Mr.ignorant,next time think out of the box before you write

You are so ignorant.The guy is a businessman and he made his deal with a bank for a loan.What has that got to do with tribalism and president Mahama Mr.ignorant,next time think out of the box before you write
Rose 10 years ago

Folks! You see how sensible Yendi boy is, he didn't insult but advised his brother, that is the way Ghanaians were brought up.We need to tolerate our enemies how hard it is, sometimes you can't just let go but we need to try. ...
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Folks! You see how sensible Yendi boy is, he didn't insult but advised his brother, that is the way Ghanaians were brought up.We need to tolerate our enemies how hard it is, sometimes you can't just let go but we need to try.Thank you bro.Anyway I'm not for ndc but I like the way you commented.
I & I 10 years ago

And Kwasea to you, that is the way I was brought up. You NDC failures cried and are still crying wolf when Kuffour's Son bout a Hotel for $5ml. Now this stupid prsident's brother is using the state's resources to buy a bank a ...
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And Kwasea to you, that is the way I was brought up. You NDC failures cried and are still crying wolf when Kuffour's Son bout a Hotel for $5ml. Now this stupid prsident's brother is using the state's resources to buy a bank and you are not complaining: Bastards
OSEI TAWIAH 10 years ago

They advise against insults only if it's hurled at one of their own. These assholes will keep their sacred angelic mouths fully shut if the insults are geared towards Nana Addo or Kuffour.

They advise against insults only if it's hurled at one of their own. These assholes will keep their sacred angelic mouths fully shut if the insults are geared towards Nana Addo or Kuffour.
mas ieso 10 years ago

REALLY, REALLY, REALLY. Sometimes I wonder how we think as Ghanaians. Just one person, who happens to be the sitting President's brother has a company, and this company takes a loan from a Ghanaian Bank, does not pay/does not ...
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REALLY, REALLY, REALLY. Sometimes I wonder how we think as Ghanaians. Just one person, who happens to be the sitting President's brother has a company, and this company takes a loan from a Ghanaian Bank, does not pay/does not want to pay, it becomes a bad debt to the bank. The bank wants to use legal means to recover the loan, a well known lawyer appeals to the president to intervene, he does, the bank is not able to recover, the bank is being sold/is sold to some company, now the president's brother is contracting another loan from a certain bank to pay off some of the loan he owes the Ghanaian bank. Some people do not see nothing wrong with this. Yet sometimes we read of some government officials comparing Ghana to the US and other western countries. The truth of the matter is that we have no sense of shame. Some of the leaders in Government do not care for the ordinary person on the street. Who do you think is to be blamed for the recent increases in utilities bill in the country? Fifi Kwetey was bold enough to tell the whole world that the government had to do what it had to do to stay in power. How many people in Ghana understand the meaning of this? We should remember that it is the duty of the foreign ambassadors accredited to Ghana to report such comments to their mother countries such reckless statements; to let the citizenry of those countries to be aware of such things happening in the country. And what do these countries do? They do not take us serious. Every year we look to some of these countries to give us money to balance our budget. For 55 years now we are still begging from other countries to help us. If that is the case let us all agree to mortgage the whole country to a western country for about 10 years, and let them show us how to govern a country like Ghana with so many human and natural resources. What a shame. Thanks for the space.
Ibrahim Mahama 10 years ago

I am Ibrahim Mahama and I am a thief, a womanizer, and a big time whack off KING. I will fuck anything in heels and pay for them with your money to go and get an abortion or travel abroad to deliver my bastard kid for me. You ...
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I am Ibrahim Mahama and I am a thief, a womanizer, and a big time whack off KING. I will fuck anything in heels and pay for them with your money to go and get an abortion or travel abroad to deliver my bastard kid for me. You are suffering while I fly private. I came to Ghana with nothing in my pocket and now I have $100 million dollars in my pocket. With my brother as President, I will keep taking your money and he will help protect me with all his corrupt officials. If you hate me, you are wasting your time because your PRESIDENT loves me. Him and I share the chicks together when our wives are away on vacation. My wife sleeps around too and so we are all doing our best to expand our clan. You should think about it and do the same if you like. Let me know when you are ready to learn from me. Ghana is doomed under my brother because we wont leave office until our last idiot brother Energy is also a Billionaire. Trust me, we are corrupt and we know it so dont even bother accusing us. We are comfortable with all the hoopla about me being corrupt.

Later.

IB
Ghanaman Original 10 years ago

This is a well written article. Maybe,
we Ghanaians should hire the best managers from outside the country to come and manage the country for us.
We could pay them a fixed salary plus aa % bonus based on how much they
in ...
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This is a well written article. Maybe,
we Ghanaians should hire the best managers from outside the country to come and manage the country for us.
We could pay them a fixed salary plus aa % bonus based on how much they
inrease our GDP,lower the poverty level, increase educational standards and improve our standard of living. The politicians could be enacting laws to facilitate the process.
Ghana 10 years ago

These mahama boys must be sent to de firing squad like wht happened to roger felli n the rest

These mahama boys must be sent to de firing squad like wht happened to roger felli n the rest
NII LARTEY NARTEY 10 years ago

If a gentle military General Roger Feli was shot to his death for officially signing for a loan as little as 50 thousand Cedis, then Ibrahim Mahama must have his balls set on fire alive and hang to death.

Why this stinky c ...
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If a gentle military General Roger Feli was shot to his death for officially signing for a loan as little as 50 thousand Cedis, then Ibrahim Mahama must have his balls set on fire alive and hang to death.

Why this stinky criminally borrowing and collapsing of Merchant bank bothers me so much as a concern citizen is; the Mahama led criminally crooks are the same political gangsters in the the then P/NDC led by the master criminal, con fake revolutionary Rawlings who killed others for more lesser offences or no offences at all, today supporting such a horrendous crime committed against the nation by Ibrahim Mahama and his associated NDC criminal bunkers like Woyome, Tsatsu Tsikata and co.
Papa Yaw 10 years ago

How

How
Kom 10 years ago

How much was the principal of the loan amount? Is he paying back with interest or paying off only the principal? Just curious

How much was the principal of the loan amount? Is he paying back with interest or paying off only the principal? Just curious
OBURONIBA FITAFITA 10 years ago

A sole commissioner is needed here the most. J J Rawlings must be bold to talk about his own guys and stop beating about the bush with Kufuor's past inability to control corruption. Ghanaians are beginning to know where the c ...
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A sole commissioner is needed here the most. J J Rawlings must be bold to talk about his own guys and stop beating about the bush with Kufuor's past inability to control corruption. Ghanaians are beginning to know where the chips are falling.
Is it not amazing that a President's brother owns two planes in this impoversished African nation where options of what indicates pessimistic symptoms presage failure and uncertainty ?
Each day unfolding events hitting headlines portend doom for the country because of greed, selfishness and deceit. And while the country gropes for answers in the darkest era of her history the leaders unabatedly poke holes in our minds by pointing at some wrong directions, all to agitate our resolve to survive the little remnants of their loots.
They leave the real food on the table to fight over crumps in a game called blamemanship of which Rawlings is a good gogetter.
OBURONIBA FITAFITA 10 years ago

Must read "impoverished African nation"

Must read "impoverished African nation"
YAW MENDS 10 years ago

WHERE IS THE SO-CALLED J J .IS DEATH AND BLIND NOW ,CAN,T HE PREACH AGAIN ,I THINK HE IS THE CORRUPTION FIGHTER ,HE PREACHED AGAINST KUFFOUR REGIME OF CORRUPTION .GOD PASS MAN.J J SEE YOUR PRODUCTION ,YOU INITIATED ALL THESE ...
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WHERE IS THE SO-CALLED J J .IS DEATH AND BLIND NOW ,CAN,T HE PREACH AGAIN ,I THINK HE IS THE CORRUPTION FIGHTER ,HE PREACHED AGAINST KUFFOUR REGIME OF CORRUPTION .GOD PASS MAN.J J SEE YOUR PRODUCTION ,YOU INITIATED ALL THESE ROBBERS INTO YOUR ADMINSRATION NOW TASTE WHAT IS GOING AND GIVE A COMMENT J J J J J J J J.SHAME UNTO YOU.
WARD GDX - WE THE PEOPLE 10 years ago

ESSENTIALLY THE MAHAMAs USING SOME EWE CROOKS BEHIND FORTIZ JUST TOOK OWNERSHIP OF A STATE
BANK AND PAID NOTHING.

Mahama Ibrahim owes Merchant Bank about 38 million dollars without considering the inte- the rest.

The ...
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ESSENTIALLY THE MAHAMAs USING SOME EWE CROOKS BEHIND FORTIZ JUST TOOK OWNERSHIP OF A STATE
BANK AND PAID NOTHING.

Mahama Ibrahim owes Merchant Bank about 38 million dollars without considering the inte- the rest.

They ' bought' the bank for 35 million which is less than what Mahama alone owed the Bank in debt.

The alleged 28 million being paid is just the same money Mahama borrowed from the bank.

Why didn't he pay the bank before the take over.

Use the bank's own borrowed money to buy it back.

So in essence they took the bank for free
KANIA 10 years ago

PRESIDENT BROTHER HAS BECOME MILLIONAIRE OVER NIGHT?

PRESIDENT BROTHER HAS BECOME MILLIONAIRE OVER NIGHT?
JH New York 10 years ago

"Processes started on the 13th of Dec" is coined to align with your promises of payments on the 15th of Dec.Anyway.
We're watching the outcomes of borrowing from Peter pan to pay Paul.

That does not mean that,investigatio ...
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"Processes started on the 13th of Dec" is coined to align with your promises of payments on the 15th of Dec.Anyway.
We're watching the outcomes of borrowing from Peter pan to pay Paul.

That does not mean that,investigation to ascertain the President's interventions and involvement in the deal should be relaxed or end there.
Majority of the people are severely impoverished and devastated to non performing economic policies of the Mahamah NDC administration.
Is 10 percent reduction in the Salaries of
executive and the legislators,after increase in their Salaries with retrospective effect from
2009(I stand corrected) the economic measures that brings growth ?. "First gear to
Fourth" indeed.
Ghana is number one in bribery and corruption and not 3rd as reported.I know what I'm talking about.
No wonder some youth wants authority irrespective of what is inscribed in the Constitution,to impeach the president outside
parliament !.
"If wishes were horses beggars would ride"
Leadership problems in the Country Cries out the beloved Motherland.
Thieves! 10 years ago

90% of this historic bank is being sold for $45 million, which means this bank is worth only $50 million?

Awuni is doing the right thing.
By the time the MB directors get their kickbacks from the $45 million, the balance ...
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90% of this historic bank is being sold for $45 million, which means this bank is worth only $50 million?

Awuni is doing the right thing.
By the time the MB directors get their kickbacks from the $45 million, the balance for Ghanaians ill be nil.

We need firing squad all persons who take "loans" from Government and refuse to pay them back and for people who sell Government property on the cheap so they can fill their own stomachs at the expense of the people.
........ 10 years ago

HE BORROWED JUST 50,000 OLD GHANA CEDIS(5 DOLLARS OR LESS)FOR PAULTRY FARM, KOFI AWOONOR,AKRASTI SARPONG,MENSAH NUNOO,TSIKATA,FUI TSIKATA & JJ(MEMBERS OF PUBLIC TRABUNAL) MURDERED HIM.MAJOR AMEDUME WAS MURDERED SIMPLY BECAUS ...
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HE BORROWED JUST 50,000 OLD GHANA CEDIS(5 DOLLARS OR LESS)FOR PAULTRY FARM, KOFI AWOONOR,AKRASTI SARPONG,MENSAH NUNOO,TSIKATA,FUI TSIKATA & JJ(MEMBERS OF PUBLIC TRABUNAL) MURDERED HIM.MAJOR AMEDUME WAS MURDERED SIMPLY BECAUSE A LOT OF AKANS HAD BEEN MURDERED SO THEY NEED ONE EWE MAN TO BALANCE THE CRIMES THEREFORE OUR BELOVED FATHER MAJ. AMEDUMED WAS ARRESTED AND MURDERED. NOW JJ THE MOST CORRUPTED HUMAN BEING ON EATH IS WALKING FREE.KILLINGS,THAT IS CRIME AGAINST HUMANITY HAS NO TIME LIMIT.NOW THE SAME KILLING SPREE P/NDC MEMBERS ARE LOATING MILLIONS IN DOLLARS; URHAASHI BATANKWA!
AKONFEM JDM ATOPAHENE 10 years ago

OH GOD SAVE GHANA,HMMMMMMMMMM EI NSEM PII,MAHAMA AND HIS CORRUPT BROTHER ARE KILLING GHANIANS,COLLAPSING GHANA,THIS PEOPLE ARE MAFIAS,THE BIG THIEVES,FOOLS TANII

OH GOD SAVE GHANA,HMMMMMMMMMM EI NSEM PII,MAHAMA AND HIS CORRUPT BROTHER ARE KILLING GHANIANS,COLLAPSING GHANA,THIS PEOPLE ARE MAFIAS,THE BIG THIEVES,FOOLS TANII
hawa 10 years ago

I will only respect Mahama as my real countryman if he backs out of the transaction. The payment wouldnt solve the problem. Paying ti whom, 90% shareholders?

I will only respect Mahama as my real countryman if he backs out of the transaction. The payment wouldnt solve the problem. Paying ti whom, 90% shareholders?
kudi 10 years ago

Robbing peter to pay peter

Robbing peter to pay peter
.. 10 years ago

WALK INTO A BANK.
TAKE A US$38 MILLION LOAN.
REFUSE TO PAY BACK WHEN THE LOAN IS DUE.
THE BANK REDUCES YOUR DEBT TO US$28 MILLION.
PAY THE US$28 MILLION.
WALK AWAY WITH A COOL US$10 MILLION LOOT IN YOUR POCKET.
WHAT BU ...
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WALK INTO A BANK.
TAKE A US$38 MILLION LOAN.
REFUSE TO PAY BACK WHEN THE LOAN IS DUE.
THE BANK REDUCES YOUR DEBT TO US$28 MILLION.
PAY THE US$28 MILLION.
WALK AWAY WITH A COOL US$10 MILLION LOOT IN YOUR POCKET.
WHAT BUSINESS IS BETTER THAN THIS? AND WHERE ELSE BUT IN GHANA WORKERS' PENSION FUND CONTRIBUTIONS ARE USED ANYHOW BY POLITICIANS !!!
MAHAMA'S BROTHER MUST BE MADE TO PAY THE FULL AMOUNT OF THE LOAN. WHY MUST A LOAN WHICH WAS ORIGINALLY US58 MILLION BE REDUCED FIRST TO US$38 MILLION, AND THEN TO US$28 MILLION ??? WHY ARE GHANAIAN WORKERS TREATED LIKE DOGS BY THEIR PRESIDENT AND HIS FAMILY?????
.. 10 years ago

"WHAT BUSINESS IS BETTER THAN THIS ? AND WHERE ELSE BUT IN GHANA WHERE WORKERS' PENSION FUND CONTRIBUTIONS ARE USED ANYHOW BY POLITICIANS !!!"..........

"WHAT BUSINESS IS BETTER THAN THIS ? AND WHERE ELSE BUT IN GHANA WHERE WORKERS' PENSION FUND CONTRIBUTIONS ARE USED ANYHOW BY POLITICIANS !!!"..........
HOW INTERESTING 10 years ago

Ibrahim took a US$58 million dollar loan from SSNIT Contributors via Merchant Bank and is paying back only US$28 million ? What happens to the hefty balance of US$30 million? Is that a gift to him? This is daylight robbery. I ...
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Ibrahim took a US$58 million dollar loan from SSNIT Contributors via Merchant Bank and is paying back only US$28 million ? What happens to the hefty balance of US$30 million? Is that a gift to him? This is daylight robbery. If SSNIT can dish out such lavish gifts, why not to retired contributors who do not qualify to raise a loan of even GHC1000 from any Bank because of their miserable pensions ? Is this the "Better Ghana" we were promised ? TIME FOR WORKERS TO RISE AND DEMAND JUSTICE AND PROPER MANAGEMENT OF THEIR SSNIT CONTRIBUTIONS !!!!!!
EI, AS3M B3N NIE ? 10 years ago

Mahama's brother pays back US$28 million instead of US$58 million, and FORTIS Group takes Second Tier pension fund contributions from Bank of Ghana to buy Merchant Bank as their private property ? EBEI, AS3M B3N NIE !!! Over ...
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Mahama's brother pays back US$28 million instead of US$58 million, and FORTIS Group takes Second Tier pension fund contributions from Bank of Ghana to buy Merchant Bank as their private property ? EBEI, AS3M B3N NIE !!! Over to you Ghanaian workers !!!!!!!!!!!!!!!!!

President’s brother defraying Merchant Bank debt

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