CPP Stalwart, James Kwabena Bomfeh says Ghanaians are a bunch of lawless people who blatantly disregard the laws of the country.

James Kwabena Bomfeh, popularly called Kabila, made this comment while discussing issues regarding the country's financial sector.

Recently, some banks have been suffering due to huge financial challenges and in order to cushion the financial sector, the Bank of Ghana (BoG) has taken over the banks in order to administer them.

The action by the Central Bank is reportedly disturbing other banks as they're threatened by panic withdrawals from their customers who are afraid of losing their deposits.

Speaking to host Kwami Sefa Kayi on Peace FM's Kokrokoo, Kabila, who is also the Director of Elections for the CPP, said Ghanaians are to blame for the panic in the financial sector because of their attitude.

He expounded that the lack of courage to do the right thing is a major contribution to the gradual crippling of the country's financial sector.

According to him, there are laws in the nation but the citizenry and State institution authorities don't comply with the laws, resulting in the crises confronting the financial sector.

To him, the nation is full of hypocrites and until Ghanaians learn to discipline themselves, there might be no improvement.

“The biggest problem we have as human beings, particularly in Ghana and Africa; the lack of courage to do right…The laws do not work in this country. We’re a bunch of lawless people. We live a deception and I say it with emphasis. We say we’re rule of law but it’s rule of men…The financial crisis confronting us is resultant from abuse and non-compliance from the beginning…We need to get serious in this country…We’re deceptive. We live a deception. We say one thing and do the opposite", he stated.

James Kwabena Bomfeh however called on government to put pragmatic measures in place to strengthen local banks and adopt a better approach to salvage the financial sector.