CBG Is A Political Bank; Next NDC Government Will Collapse It – Captain Smart Declares

Host of Onua TV’s Morning show, Godsbrain Captain Smart says the banking sector collapse was politically motivated.

According to him, the next National Democratic Congress (NDC) government will collapse the Consolidated Bank of Ghana which replaced the collapsed banks.

His explanation being that the NDC believes that the processes leading to the collapse where wrong and therefore they would try to right it.

“CBG is a political bank. Any government that comes will collapse that bank. Mark it somewhere. Any government that comes will collapse that bank. I’m not a prophet of doom but that’s what will happen.

“I’m not praying for the return of the National Democratic Congress but in the event that they return, Royal Bank will get its license and leave CBG. Heritage Bank will get its license. Kwabena Duffuor is already out and Nduom is almost out. So if all these banks quit and take back their customers and file for judgement debt like Nduom is doing, what will be the stand of CBG? All we needed to fix the banking sector was $5.9billion. So far we have spent over $16.9 billion” he said.

Source: GhanaFeed.com