The Bank of Ghana (BoG) has denied claims it engaged in frivolous spending following reports that it blew US$504,000 on gold watches explaining that the expenditure is part of its policy.
Government rubbishes suggestions it deliberately collapsed financial institutions
20 collapsed microfinance firms to settle depositors with own funds – Receiver
‘Government not deliberately closing banks’ - Oppong Nkrumah
Panic withdrawals hit Women’s World Banking Savings and Loans
Nduom's GN Bank siphoned $62m - BoG
GN Bank siphoned $62m - BoG
Insolvent Global Access S&L was still paying high rent to its owner — BoG
Receiver directs depositors, etc to file claims by September 12
Government does not owe GN Savings and Loans – BoG reacts to viral claim
H12019: Ghana Stabilization Fund received US$ 69.85m of oil cash – BoG
Microfinance sector clean-up good for Ghana’s image – Ex-banker
Collapsed MFIs: More depositors to be paid this week — Receiver
Collapse of savings and loans companies: Payments to begin within 7 days
Don't mix us with government : BoG reacts to GN savings and loans claims
'Government does not owe GN Savings and Loans' – BoG reacts to viral claim
Government not deliberately closing Banks - Information Minister
BoG license revocations: Woman wails uncontrollably over locked up funds
Nduom reacts to shut down of GN Savings and Loans by BoG
Poor supervision caused the collapse of 23 savings and loans companies - Wereko-Brobby
I hope the tax payer’s funds will not be the sacrificial lamb – Franklin Cudjoe on BoG license revocations
BoG license revocations will have dire consequences, I hope we are prepared - Franklin Cudjoe
Banking clean-up was done without humane social mitigating principles - Ablakwa
Banking sector clean-up – Bailout was a better option.
BoG should’ve been lenient in banking sector clean-up – Lawyer
Blame shareholders for job losses in Savings and Loans crash – BoG
We’re working to challenge license revocation in court – Groupe Nduom Veep
Over 1500 workers of GN Savings and Loans to be jobless
GN Savings would have been liquid if government paid its debts – Nduom
GN Savings is solvent, customers should remain calm – Dr. Nduom
Detailed reasons behind BoG closure of Ideal, Women's Bank, Midland, and 18 others
Banks increase minimum deposit required to open savings accounts — BoG report
Let’s support 24 remaining savings & loans companies – Association
About 1,400 workers of GN Savings and Loans fate hangs
Cronyism, exceptionalism killing local financial institutions - Wereko-Brobby
No 100% assurance to depositors with axed Savings and Loans companies
We expected collapse of 23 Microfinance institutions – GHASALC