NIB has collapsed, the finance minister and his team held a meeting about it on Tuesday-Kennedy Agyapong alleges

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Customers of the National Investment Bank, (NIB) must be very worried by now because if pronouncements by loudmouth New Patriotic Party (NPP) Member of Parliament from Assin Central Constituency in the Central Region Kennedy Ohene Agyapong are anything to go by, it means the bank will join the league of collapsed banks within the shortest time possible.

‘’Even yesterday they held a meeting, the finance Minister and his team because NIB is also collapsed’’ he said on his privately owned radio station Oman Fm in Accra.

The MP who is also a businessman is blaming the alleged collapse of the bank to mismanagement and corruption by the board chairman, Togbe Afede and the immediate past Managing Director of the bank Ernest Agbesi, accusing them of making fraudulent and dubious withdrawals from the bank.

He is angry that the revered traditional ruler who is also a businessman has been retained as the board chairman of the Bank saying ‘’I blame the president and the Minister for Finance for retaining him as board chairman of NIB. He should be fired immediately. He is very corrupt. Look I have a lot of documents. I just don’t talk. The dossier I have on these people is a very big one. They must arrest Agbesi and fire Togbe Afede as board chairman’’ he said.



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Kennedy Mornah is an Award Winning Ghanaian Journalist with over two decades of experience in the Ghanaian Media landscape spanning the electronic, print and digital media. He is a Media Consultant, a Corporate MC, Radio and TV Host, Founder and Publisher of the Maritime and Transport Digest Newspaper, Businessman, a Go getter and an optimist. He has worked for renowned media organizations including Diamond Fm in Tamale, Luv Fm in Kumasi, Oman Fm in Accra and Starr Fm in Accra In 2017 he received the Reporter of the Year Award at the Ghana Shippers Awards in Accra, Ghana.

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