Global President of Groupe Nduom,Dr. Papa Kwesi Nduom, has emphasized that he is owed over GHC7.1 billion by the government, which includes accrued interest.
At a recent press conference in Accra, Dr. Nduom asserted, “Our figures show that the total amount due to us, including interest, exceeds GHC7.1 billion.”
They are aware of the debt, and while they may dispute the interest, the fact remains.”
Dr. Nduom also announced plans to 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 tour follows a recent visit to the bank’s branches in the Northern region.
The tour is part of an effort to rally support from petitioners who are calling for the reinstatement of GN Bank’s license, which was revoked in 2019.
Dr. Nduom intends to restart his campaign in November after a period of strategic planning and reflection.
The Bank of Ghana (BoG) recently defended its 2019 decision to revoke GN Bank’s license, citing significant regulatory breaches and maintaining that the bank’s failure to adhere to key financial regulations and banking standards posed a threat to its operational stability.