News:
September 7, 2018
Member of Parliament for Tamale South and Minority Leader, Haruna Iddrisu has expressed worry over what would happen to affected persons with the collapse of Banks as schools reopens.
He made this remarks on Thursday September 6, 2018 when he visited the Finance committee at the ongoing probe of seven collapsed banks.
In an interview with journalists, he indicated that Parliament and the Finance Committee must be concerned about the banking sector and employment in the sector and the consequence of non-severance package to affected persons because of the unemployment resulting from the collapse of the banks.
Mr. Haruna Iddrisu reiterated that: “As a country, what can we do to restore the dignity, honor and reputations of our financial institutions”.
“I understand there is a lot of panic with movement of funds from the indigenous Banks, we need to know the fate of our local banks, their contribution to the growth of the economy; we should jealously and religiously protect our local banks. Again let us keep the regulatory of the Bank of Ghana away from unnecessary political interference, for sanctity in the banking sector”.
“What is it that the government of Ghana can do to find new life to those institution as soon as possible, do not forget that the US did it when they had financial crises, the state came in, let us see the role the state of Ghana can play; I generally do not think we have handle this matter properly.”, he lamented.
By: Kwaku Sakyi-Danso/ghanamps.com