NDC’s SENSELESS PROPAGANDA AGAINST THE COLLAPSED BANKS OUGHT TO STOP!

NDC’s SENSELESS PROPAGANDA AGAINST THE COLLAPSED BANKS OUGHT TO STOP!

There are conscious efforts on the part of the NDC to downplay the positive impacts accrued from the decision to collapse Unibank and its brothers in the face of the reckless manner in which they managed those financial institutions.

The narrative has been to censure the Akufo-Addo Government for causing some 1700 people to lose their jobs in the banking sector.

What they would not admit to is the fact that those beautiful edifices or buildings were but empty vessels and that they collapsed, technically, under the Mahama government.

In effect, their mismanagement caused these banks to go under.

Now, this is what they are mischievously sending out there, that the government of the day has caused unemployment to about 1700 people in the banking sector.

What they do not touch is the fact that but for the intervention of the Bank of Ghana in raising its punishment rod on these banks, over 400,000 Ghanaians would have lost their investments or deposits in these banks.

What the NDC is essentially telling Ghanaians is that Government should have sat on the fence for the banks to collapse, the resultant effect being over 400,000 people losing their deposits.

The NDC is saying that it makes more sense to have 400,000 Ghanaians lose their monies than to have 1700 workers within this sector to maintain their jobs.

Ultimately, these 1700 workers would have lost their jobs since the banks would have collapsed anyway, adding to the 400,000 who would have lost their deposits in these banks.

It is about time the NDC is exposed over this matter. They should not be allowed to eat their cake and still have it. Ghanaians must reject this stale propaganda from the stables of the opposition party.