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Dr. Papa Kwesi Nduom, Global President of Groupe Nduom, has reiterated his claim that the state owes him over GH₵7.1 billion, including interest. During a press briefing held in Accra, Dr. Nduom asserted, “Per our arithmetic, we are owed more than GHC7.1 billion including interests… They know they owe, and they can argue about interests, they can argue about that.”
Dr. Nduom also announced that he will temporarily pause his “Bring Back GN Bank” campaign in September to embark on a nationwide tour of the 300 branches of the defunct bank. This follows a previous visit to GN Bank’s branches in the Northern Region. The purpose of the tour, according to Dr. Nduom, is to garner support from petitioners advocating for the reinstatement of GN Bank’s license, which was revoked by the Bank of Ghana (BoG) in 2019.
He plans to resume his campaign in November, following a period of strategic planning and reflection.
The Bank of Ghana recently defended its decision to revoke GN Bank’s license, citing significant regulatory breaches. The Central Bank maintained that GN Bank’s failure to comply with essential financial regulations and banking standards posed a threat to the bank’s operational stability.
