Founder of the now-defunct UT Bank, Capt. (rtd) Prince Kofi Amoabeng, shared some of the challenges he claims to have faced even before the closure of his bank.
During an interview on TV3’s The Day Show on November 2, 2023, Kofi Amoabeng mentioned that certain influential individuals within the Akufo-Addo administration, whom he referred to as ‘cockroaches’ driven by jealousy, used state institutions to target him and inflict harm.
He explained that while he was facing legal proceedings for alleged financial misconduct by the government, the court granted him permission to travel to the United States of America (US) for a medical examination.
However, according to him, powerful figures within the government manipulated state institutions to inform the US embassy that he posed a security risk, resulting in his prohibition from travelling for the medical check-up.
“I left the bank about 18 months before the bank closed. I’m in court now as we speak. I mean, 18 months, if there had been anything, it would have come out. Because there was a new MD (managing director) and the board was also functioning.
“I wanted to go for a medical check-up, and we went to court for them to release my passport to me. After up and down, up and down, the judge said, ‘I don’t see how I would keep his passport; let him go and check himself and come back because, after all, if he dies, the case would die’.
“I went to the American Embassy, and since I have been going to America since the 1980s, the embassy refused me an entry visa.
When I checked through the back doors, there was a letter from some government department saying I was a security risk,” he narrated.