A video making rounds on social media suggests the General Overseer of God’s Crown Chapel, Prophet Reindolph Oduro Gyebi aka Eagle Prophet may have predicted the collapse of some local banks in the country.
In a short video, Eagle Prophet was seen with a couple of A4 sheets in his hand while preaching and hitting on “attacks on banks or banks on the attack.”
He went ahead to predict that some banks will collapse in the year 2018.
An inscription on the video which was shared on Facebook by PrimeNewsGhana, suggested that that it was recorded on December 31, 2017, during a church service to usher in 2018.
These predictions have come to pass as five local banks have collapsed even before the year ends.
Apart from the UT Bank Ghana Ltd and Capital Bank Ghana Limited which were collapsed effective On Monday, August 14, 2017, 2018 has also recorded another collapse of five local banks.
The Bank of Ghana (BoG) merged five banks into a Consolidated Bank of Ghana Limited, making the predictions of Eagle Prophet come true.
The banks are BEIGE, Sovereign, Construction, uniBank and Royal Bank.
The Governor of the BoG, Dr Ernest Addison explained that uniBank and Royal Bank were undercapitalized and that those banks were beyond rehabilitation.
On Royal Bank, he said non-performing loans were high whilst Sovereign Bank obtained its license by false pretences through the use of suspicious and non-existent capital.
Dr Addison said the consolidated banks will be headed by Mr Nii Amanor Dodoo of KPMG as the Receiver for the five banks.
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