The Paramount Chief of Kwahu in the Eastern Region who doubles as the Board Chairman of the State-owned Agricultural Development Bank, ADB, Daasebre Akuamoah Agyapong II, has been asked to resign immediately from his role. The central bank gave the directive after a businessman petitioned President Akufo-Addo and accused the Board Chair of abuse of […]
The Office of the President has written to the Paramount Chief of Kwahu, who’s the Board Chairman of the Agricultural Development Bank (ADB) to respond to allegations of extortion and abuse of office brought against him by a businessman. The businessman, Collins Darkwah Aboagye, a Director and shareholder of PRABHAT Trading Limited in the petition […]
President Nana Addo Dankwa Akufo-Addo says government is putting in place new arrangements that will ensure that Agricultural Development Bank (ADB) and National Investment Bank focus on their core mandate of providing funds for medium- and long-term investments for industrial development. According to president Akufo-Addo, government is not relenting on its plan of boosting industrial […]
Since assuming office in 2017, our Finance Minister,Mr Ken Ofori-Atta, has used various schemes and strategies to enrich and empower his financial empire and impoverish other companies seen as his competitors or not aligned to his party, the New Patriotic Party.It started with the granting of juicy state contracts to his firm, Databank at the […]
The Agricultural Development Bank (adb) has announced its readiness to meet the central bank’s minimum capital requirements of GH400million as the December 31 deadline fast approaches. This follows an approval by shareholders of the bank to source for additional funds of about GH¢310million to meet Bank of Ghana’s minimum capital requirement. The announcement was made […]
Director of Radio for Kencity Media Limited, operators of Oman Fm, Net2 Television and Assh Fm, Obotantim Martin Kwabena Kwakye has described government’s decision to merge the Agricultural Development Bank (ADB) and the National Investment Bank (NIB) as a very unpopular decision that must be reversed. According to him, the two banks have unique roles […]
