Dr. Papa Kwesi Nduom, Global President of Groupe Nduom, has asserted that the state owes him over GH¢7.1 billion, including accrued interest.
At a press briefing in Accra, Dr. Nduom stated, “According to our calculations, we are owed more than GH¢7.1 billion, including interests. They are aware of this debt, though they may dispute the interest figures.”
He also revealed plans to temporarily halt his “Bring Back GN Bank” campaign in September to undertake a nationwide tour of the 300 branches of the now-defunct bank, following an earlier visit to its Northern region branches.
The purpose of this tour, he explained, is to galvanize support from petitioners advocating for the reinstatement of GN Bank’s license, which was revoked in 2019.
Dr. Nduom plans to resume his campaign in November after a period of strategic reflection and planning.
The Bank of Ghana (BoG) recently defended its decision to revoke GN Bank’s license in 2019, citing significant regulatory breaches. The Central Bank argued that GN Bank’s failure to meet critical financial regulations and banking standards jeopardized its operational stability.
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