The man is spewing total lies! I am not here to support what happened nor to heap praise. Where did the name Ghana National bank came from? The name was Groupe Nduom!
We go to church to pray for Ghana to be better while people are just ripping and stealing from the country. It’s sad. This useless prayers God won’t listen cos we are fools.
I guess you know nothing about economics that was the beginning of Ghana interest of having the best economy in Africa but the man who started it didn't stay long to continue the project and the others who took over destroyed rhe project
@@KiRiKoUtheBeAsT this is how fools think. how then do you think a country which exports less raw and finish material and import more of such and with someones currency as forex reserve and expert a boost in your economy. you are the one who has no knowledge of economics. if your currency is highly in valuation what do you do to sustain and keep it value.
The media and you Captain, are part of the problem too. You knew a man like this but chose to promote NPP and NANA ADDO to Ghanaians. And will still promote NPP if given the chance
@@josephquaye5155 for me is Kuffour, the policies he brought to Ghana such as NHIS, School feeding programme, The Kuffour bus transportation, free medical bills even when the country was in hipic but turned tins around n also 1 dollar = 1 cedis for me makes Him The best prez 4 me If U don't agree go hug transformer
Pure lies! I was there when Dr Nduom brought the strategy to expand the GN Bank branches to villages. Mr Patrick Annumel then CEO even rejected the proposal. This had nothing to Kuffuor's government.
His name is in the Agyapade3 Book.. specifically to cripple him and his businesses cuz he’s becoming too strong. I’m sure it was a trap for him to pre-finance projects so they can run him bankrupt. God will judge us all. 🙏🏾 May God Bless Ndoum!
""""VOTE 4 CHEDDAR """"" 43yrs wasted by NPP&NDC with no better development! (i.e. NPP=16yrs , NDC/PNDC=27yrs ) The youths should vote massively for CHEDDAR to deal with the mess of NPP&ND!
@@ghglowbalmedia don't mind him he is npp that's why . Anybody you see comparing npp to ndc these days is a disappointed npp person who is ashamed to say he is a npp person
But he explained it…he said when the bank is finally ceded to the government it becomes Ghana National bank(GN)can’t u see when it was first formed it was first national bank
Changing the currency never helped us as a country ooooo tong!!!! BCOS of the change of currency, we will soon buy a sachet of water for 1 cedi. Our money is too compressed with a lot of intermediates missing!!!
Changing the cedis was one of the lazy way of saving the cedis against the dollar. The best way to arrest the dollar is to export more than importing every single thing we use in Ghana
Yes, Kufour's unilateral redenomination was cosmetic, Kufour did NOT save Ghana. This man doesn't know what he is talking about. Ignore him. Jandam nkoaa every day.
I now understand why this people are so uninformed about the banking sector Cristina. 1. How come GN bank was okay that they were downgraded from from GN bank GN savings and loans? 2. Ken Offori Atta doesn’t have a bank oooo please. Please smart and your please read the report about the banking sector crisis. (Boldest report)
@@paulnwozamensah2313 Data bank is an investment bank not a deposit taking bank. Because of the special nature of their operations they have only 2 branches Accra and tema. How can the whole Unibank collapse because someone want to promote an investment bank? Does it make sense ?
The downgrade of financial institutions is as a result of inadequate reserves ( i.e. the minimum capital requirement ). GN Bank is owed monies to the tune of 3 billion Ghana cedis by this government. It would have been about 4.5 billion, but tge erstwhile Mahama administration paid some. This government has refused to pay him. Any bank owed this amount will have liquidation problems which will lead to inability to meet the minimum capital requirements, which will then lead to a downgrade. There you have it.
Do you need someone to tell you to eat , when you have your food in front of you... He is telling you what is hidden from you or secrets which are not known, please it's up to you to decide...
I will never vote NDC unless the stupid Rawlings is tried from his grave for overthrowing a constitutional government which he killed other generals for. Like Nkrumah, Rawlings has taken his party to his grave. NDC will collapse if they loose this elections
I lost a little over USD100,000 in this banking collapse thing. I was 26 years old by then. I have never recouped till now! I'm trying to jakpa and will always regret being a Ghanaian. It's a shame being a Ghanaian!!! Kwasia country sei!!!
GNBank was a subsidiary of Group Nduom. That's why it was GNBank. And if you think that a slashing down the dolar reserves of the foreign banks to prevent them from leaving and collapsing Ghana's economy then was a good strategy then please go back to the drawing board. There was no need for all that bcos all our debts (denominated in USD) was written off when President Kuffour took Ghana to HIPC.
The HIPC initiative by Prez Kuffour was a smart move. Ghanas debt is twofold - Government to Government debt and Private sector to Government debt. The HIPC programme cancelled the Government to Government debt but not the private sector debt.
But I believe a better move would have been to use the Russian model - propose penalties for banks wishing to leave the country. This would deter them from arbitrarily wanting to leave after making good profits in the country.
Redenomination by kuffour's administration was the biggest and the greatest financial suicidal ever happened to Ghana. Our current economy woes have their root cause from that wack redenomination of the cedi in the name of arresting the cedi. The proper way to arrest the cedi is to produce more locally and export more goods than imports. Captain smart is wrong on this one.
The redenomination was an attempt to forestall a financial crisis. It was not meant to be a permanent solution, but pls indulge me as I ask this question. What would you have done if all the major banks had decided to leave in one year ?
It was a devaluation. A devaluation with projected growth in mind for the GHS. The devaluation was a rock and a hard place effort to save the financial situation
This president we have ankasa no he be beyi bonsam... frankly apart from free shs that I dont even benefit from, there is nothing this man has done significantly for the nation... ne ti tatwee s3 ade3 bi
Akuffo Addo is the worse evil ghana has EVER seen
Am telling you, as a former npp member, Nana addo is evil paaaaa
NPP will not win again. God punished Nana Ado
Ofcus he is de worse president bcus there hv not been a good president like nkrumah
@@liverpoolanfield50we are all formal members.. I’ve regretted
@@u-reporter8232 ooohh ya hmm Kuffuor knew his character so he warned us about him and now look
That's why Ibrahim Mahama said he got his money during kufuor's time but not from his brother❤❤
Yes it's true. He paid back.
Captain good education,more of this.
This is the most wicked government I have ever seen.
Very vindictive short man of a president.
They didn't come to govern this country. They came to pillage its resources.
You have the facts. GN was helpful
Colapse of GN bank i dnt even understand ooh Ghana
good education. ...indeed Captain is very smart. ...barsss
The man is spewing total lies! I am not here to support what happened nor to heap praise. Where did the name Ghana National bank came from? The name was Groupe Nduom!
@@romiswork1so only the name makes him lies right?
Oh menua, asem oo
@@romiswork1bullshit
@@romiswork1you're also a liar.... You know facts pass who?
We go to church to pray for Ghana to be better while people are just ripping and stealing from the country. It’s sad. This useless prayers God won’t listen cos we are fools.
The truth must be told my brother, you said it all😢
I agree with you bro even tho am a Christian
Yaanom will still come and defend Jack Toronto 😂😂😂
Redenomination of Cedi was the beginning of our mess.
I guess you know nothing about economics that was the beginning of Ghana interest of having the best economy in Africa but the man who started it didn't stay long to continue the project and the others who took over destroyed rhe project
@@KiRiKoUtheBeAsT this is how fools think. how then do you think a country which exports less raw and finish material
and import more of such and with someones currency as forex reserve and expert a boost in your economy. you are the one who has no knowledge of economics. if your currency is highly in valuation what do you do to sustain and keep it value.
The media and you Captain, are part of the problem too. You knew a man like this but chose to promote NPP and NANA ADDO to Ghanaians. And will still promote NPP if given the chance
I agree with you
You are right, By then we all thought the short man can do something better.
Nana Addo is just evil
Akkuffo addo is bad luck and a devil short man
Read Agyapadie document.
For the records formal Prez Kuffour is the best prez ghana had.
His term of tenure was so gud
Ghana was booming
This is very, very true!
For your records Nkrumah is the best president ever.
@@josephquaye5155 for me is Kuffour, the policies he brought to Ghana such as NHIS, School feeding programme, The Kuffour bus transportation, free medical bills even when the country was in hipic but turned tins around n also 1 dollar = 1 cedis for me makes Him The best prez 4 me
If U don't agree go hug transformer
God bless Ex president Kufuor ❤❤oooh Nana addo hmmm😢😢😢😢😢😢
Good job captain 👏 ❤❤
Barclays turned Absa Bank
Pure lies! I was there when Dr Nduom brought the strategy to expand the GN Bank branches to villages. Mr Patrick Annumel then CEO even rejected the proposal. This had nothing to Kuffuor's government.
His name is in the Agyapade3 Book.. specifically to cripple him and his businesses cuz he’s becoming too strong. I’m sure it was a trap for him to pre-finance projects so they can run him bankrupt. God will judge us all. 🙏🏾 May God Bless Ndoum!
Sometimes I weep when hear how evil these so called leaders can be by collapsing GN Bank in the name of politics.. God will pay them….. Evil men
""""VOTE 4 CHEDDAR """""
43yrs wasted by NPP&NDC with no better development! (i.e. NPP=16yrs , NDC/PNDC=27yrs )
The youths should vote massively for CHEDDAR to deal with the mess of NPP&ND!
Pls NDC is far better than NPP ok don't ever compare them ok.
We all had the privilege to witness both n know the difference ok
@@ghglowbalmedia don't mind him he is npp that's why . Anybody you see comparing npp to ndc these days is a disappointed npp person who is ashamed to say he is a npp person
I will rather vote for Nam 1
@@ghglowbalmedia NDC is even worst.
@@ghglowbalmedia NDC have ruled this country more than any party yet see us. There's no significant difference between them
Wow captain thanks for the educations
Posterity will judge us all.
Very true but at least we'll take solace in the fact that the rewards will not be the same some will be worse than others
Let all units and vote against both NPP and NDC and vote for #TheNewForce to save Ghanaian's
Thank you Papa Smart
No,GN is not Ghana National Bank, it's Groupe Nduom Bank. However, Captain is doing a great job.
But he explained it…he said when the bank is finally ceded to the government it becomes Ghana National bank(GN)can’t u see when it was first formed it was first national bank
If this is not wickedness then what is it
You are doing good jobs
Hmmmmm My money is still locked there 😂
😂😂😂how much
Ah Ghana, this is really SAD. This will not take prayers, it will take ………
Don't be scared to say it....... "ACTION"
Ooh this akuffo addo and cronies have really destroyed Ghanas economy
Barclays bank..now turned to ABSA bank
ABSA belongs to Mahama's brother
ABSA is an international bank masa
Mo di3 gyimie saa, ABSA, FNB & Stanbic Bank are SA banks@@agoogo5026
@@agoogo5026you fool 4 much bro . Absa is the AMALGAMATED BANK of SOUTH AFRICA.
Learn small
@@agoogo5026thwart
I weep for Ghana today and tomorrow if this is true
Read the Agyapadie document
Volterian Chairman Smart address the Region well
Don’t blame Nana, blame the entire NPP for the evil
Changing the currency never helped us as a country ooooo tong!!!!
BCOS of the change of currency, we will soon buy a sachet of water for 1 cedi. Our money is too compressed with a lot of intermediates missing!!!
It’s only semi illiterate this guy can convince with the tangent
Is Kuffour who destroyed Ghana changing the currency that's where all Ghana problems start
Changing the cedis was one of the lazy way of saving the cedis against the dollar. The best way to arrest the dollar is to export more than importing every single thing we use in Ghana
I don't know you are educated illiterate eeeeeiiiiiii how can you say that?
HIPIC, Hyperinflation and the rest, who caused it ?😂😂
Yes, Kufour's unilateral redenomination was cosmetic, Kufour did NOT save Ghana. This man doesn't know what he is talking about. Ignore him. Jandam nkoaa every day.
So, Ghana paa why do we have as a country.
I know *GN* was short for Groupe Nduom, representing Nduom Group of Companies. 😊
Let's vote for Freedom for CHANGE ✌️
So why Paa Kwesi is not suing the government
The case is at the court and till it's over before he can Sue the government and it will be in mahamah time which makes politics a dirty game.
Because all the big judges are npp members
because captain smart is lieying
Sue them where, same courts that have been infiltrated?
I now understand why this people are so uninformed about the banking sector Cristina.
1. How come GN bank was okay that they were downgraded from from GN bank GN savings and loans?
2. Ken Offori Atta doesn’t have a bank oooo please.
Please smart and your please read the report about the banking sector crisis. (Boldest report)
Crisis
Ken Ofori-Atta co-Founded Databank with Daniel Ofori-Atta, Keli Gadzekpo and Togbe Afede XIV in 1990. Your second statement is not true.
Keli Gadzekpo’s hand has been in the politics since. Very recently he was board chair for ECG when Agyeman Budu was EC boss. You need more information
@@paulnwozamensah2313
Data bank is an investment bank not a deposit taking bank. Because of the special nature of their operations they have only 2 branches Accra and tema. How can the whole Unibank collapse because someone want to promote an investment bank? Does it make sense ?
The downgrade of financial institutions is as a result of inadequate reserves ( i.e. the minimum capital requirement ). GN Bank is owed monies to the tune of 3 billion Ghana cedis by this government. It would have been about 4.5 billion, but tge erstwhile Mahama administration paid some. This government has refused to pay him. Any bank owed this amount will have liquidation problems which will lead to inability to meet the minimum capital requirements, which will then lead to a downgrade. There you have it.
How can we believe this
Captain smart has made my day for spilling the truth out GN may God help you through NDC’s administration
You see people jailed for banking mess but just hear says
Clearly difference between John Kuffour n Akufo addo bawulier npp
Hmmmmm....boi. Ghana?
These politicians are playing games with ghana youth
After all this explanation if you don't tell Ghanaians to vote them out then your explanation is useless you people are same
He won't bro 😔 because he's still a big hypocrite and a dirty bad man insider
Do you need someone to tell you to eat , when you have your food in front of you... He is telling you what is hidden from you or secrets which are not known, please it's up to you to decide...
He has said it longtime
If my memory serves me right
About 3 months ago
He has always said it
Go and sit down
Mtcheeeww
I will never vote NDC unless the stupid Rawlings is tried from his grave for overthrowing a constitutional government which he killed other generals for. Like Nkrumah, Rawlings has taken his party to his grave. NDC will collapse if they loose this elections
Nipatumtum and wickedness.Oh God how can you do this horrible mistake hmm.
It's sad to be a Ghanaian if all these are reality.What a Country.
Captain, u are soo naive about the currency change..our cedi depreciated drastically
Don't mind that story telling journalist always looking for ways to whitewash Kuffuor.
Do you understand economics??
Confusion galore 😅😢😂
SSB
Akuffo Addo came to steal, kill, and destroy
Captain wo Maame twe,kwasia boy
Ignorance is what is killing people, accusing kuffour wrongly
It's found in the egyapadie document and if it's Loto i will say 2 sure banka
How can the hotel secure a loan 4billion dollars ?
It was to be used as collateral
Do u know the value of the hotel
We know all of you with your pseudo accounts. Cowards!
I lost a little over USD100,000 in this banking collapse thing. I was 26 years old by then. I have never recouped till now! I'm trying to jakpa and will always regret being a Ghanaian. It's a shame being a Ghanaian!!! Kwasia country sei!!!
May God give you the strength and grace to recover you loss. Remember some of us when you eventually jakpa. I'll pray for you.
@@cyrilakator8584 Thank you, bro! 🥺
Chaaaale hmmmmm easy okay.. small small
Be careful listening to illiterates who have no proper understanding but driven by hate , bitterness, greed .
Lol😂
I will always say this everyday… this country Ghana is not going anywhere. 30 years to come and we will still be talking about this nonsense.
Fact bro
Where is the evidence
Captain more fire
GNBank was a subsidiary of Group Nduom. That's why it was GNBank. And if you think that a slashing down the dolar reserves of the foreign banks to prevent them from leaving and collapsing Ghana's economy then was a good strategy then please go back to the drawing board. There was no need for all that bcos all our debts (denominated in USD) was written off when President Kuffour took Ghana to HIPC.
The HIPC initiative by Prez Kuffour was a smart move. Ghanas debt is twofold - Government to Government debt and Private sector to Government debt. The HIPC programme cancelled the Government to Government debt but not the private sector debt.
But I believe a better move would have been to use the Russian model - propose penalties for banks wishing to leave the country. This would deter them from arbitrarily wanting to leave after making good profits in the country.
Captain ❤😮
Redenomination by kuffour's administration was the biggest and the greatest financial suicidal ever happened to Ghana. Our current economy woes have their root cause from that wack redenomination of the cedi in the name of arresting the cedi. The proper way to arrest the cedi is to produce more locally and export more goods than imports. Captain smart is wrong on this one.
The redenomination was an attempt to forestall a financial crisis. It was not meant to be a permanent solution, but pls indulge me as I ask this question. What would you have done if all the major banks had decided to leave in one year ?
Thanks very much
Evil men in power
The youth are surfing a lot in Ghana
As for paa kwesi, it serves him well
He was complaining for addo d to come to power
This government dier moves nkoaaa oo😂😂
Wicked president 😢
Hmmmmm.. i am sad😢😢😢
Captain Smart. The story is too LONG. The topic is why did Akuffo Addo collapse GN Bank?.
GN Bank is Groupe Nduom not Ghana National.
GN Bank had 305 branches all over Ghana
Eeeiiiii hmmmmmm. There’s more than what meets the eye ampa
The I won’t mention name , I won’t mention name culture does not help
Awurade, you call this unsubstantiated and inconsistent storytelling journalism ?, shame to media general.
Secret dey ooooo
How was Paa Kwesi going to hand over GN Bank to Ghana?
Through which arrangement ?
Sell the Bank, or Government of Ghana was going to take it over ?
Today graduates are starving in this country
Herh
Barclays now Absa
NPP you're hypocrites
It was a devaluation. A devaluation with projected growth in mind for the GHS. The devaluation was a rock and a hard place effort to save the financial situation
Captain Smart , just like Kwesi Pratt knows everything in Ghana but can't produce matches
Are you sure ?
The head quaters of witches and wizards in Africa is in Ghana
GN is Group Nduom not Ghana National
Captain, you are too much
Ghana B3y3 yie
Hmmm
Eeeii God
I'm sad ooo
Nana Addo is wicked ooo
Herh
This man is wicked
Why did you people vote for him
Very wicked man.
I disagree with you that redenomination of Ghana cedis did make Ghana economy strong.
Npp government is wicked
The bank is mechant bank
This president we have ankasa no he be beyi bonsam... frankly apart from free shs that I dont even benefit from, there is nothing this man has done significantly for the nation... ne ti tatwee s3 ade3 bi
You same people help Akuffu addo collapse the banks nmoa
All of you journalists are part of Ghana's problems. Bunch of hypocrites....
N.P.P , AKUFFO ADDO, BAWUMIA ,NDC, MAHAMA GHANA DON'T NEED YOU GUYS
Satan in a cort.