POLITICS

Bagbin sets up 9-member committee to probe collapse of UT Bank and uniBank

The Speaker of Parliament, Mr Alban Sumana Kingsford Bagbin, has set up a nine-member committee to probe the petition sent to Parliament by the founders of UT Bank and uniBank Ghana Limited over the collapse of their banks.

The committee, chaired by the First Deputy Speaker, Mr Joseph Osei-Owusu, is to commence its probe into the petition while Parliament is on recess.

The committee is expected to submit its report to the House at the commencement of the second meeting of Parliament on May 18, 2021.

Members of committee

The other members of the committee are the Deputy Majority Leader, Mr Alexander Afenyo-Markin; the New Patriotic Party (NPP) MP for Essikado, Mr Joe Ghartey; the NPP MP for Okaikwei Central, Mr Patrick Yaw Boamah and the NPP Abuakwa South, Mr Samuel Atta-Akyea.

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The others are the Deputy Minority Leader, Mr James Klutse Avedzi; the NDC MP for Ajumako-Enyan-Esiam, Dr Cassiel Ato Forson; the NDC MP for Bolgatanga Central, Mr Isaac Adongo and the NDC MP for Techiman North, Mrs Elizabeth Ofosu-Adjare.

Petition

The NDC MP for Bawku Mahama Ayariga officially presented a petition on the matter from two major stakeholders in the collapse of the two banks—Mr Prince Kofi Amoabeng and Dr Kwabena Duffour of the UT Bank and uniBank respectively, on the floor of Parliament.

On March 22, 2021, when the petition was laid before the House, a number of Members of Parliament from the Majority side, including the Majority Leader, Mr Osei Kyei-Mensah-Bonsu, raised objections as to the appropriateness of the procedure adopted by the Speaker in admitting the petition.

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They also question the reasons by the Speaker to allow the House to consider the petition since the cases involving the two banks were pending in court.

What are the two seeking?

Per the petition, the two personalities are appealing to Parliament to investigate the conduct of the Bank of Ghana (BoG) fo

more to follow…

Source
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ENOCH TANDOH

Tandoh Enoch is a Social Media Manager, Website Developer and Designer, Blogger, Content Writer and an IT Consultant . He is a creator and editor at Urbannewsgh.com, an online digital platform focusing on Credible and Timely news in Ghana and worldwide.

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