- The supervisory role of the Bank of Ghana has come into questioning following the collapse of seven banks within the last one year
- This has led a former manager of one of the banks' into pork grilling for a living
A one-time manager at the defunct Capital Bank is now into the grilling pork for sale.
Raymond Danquah was a manager at the Capital Bank before its collapsed by the Central Bank a year ago over financial insolvency.
But having failed to land another job in the banking sector, he has decided to take to a totally different occupation all together.
These days, Mr. Danquah makes a living by grilling pork at events, as his benefits remain unpaid one year after the bank’s collapse.
This was revealed in a yet to be aired documentary on Joy News.
Meanwhile, another former manager of Capital bank, Edem Adimako, has also become an Uber driver, a year after the collapse of the bank.
Speaking in an interview with Accra-based Joy FM, Mr. Danquah questioned the supervisory system of the Bank of Ghana in light of the recent collapse of local banks.
According to him, it is surprising that the supervisory department of the BoG carries out a quarterly audit of the banks every year yet failed to see the infractions until things got out of hand.
“…During the various banks’ crisis period, the BoG gave them bailout money without finding out what they were using the monies for.
“If I give you a loan, I should be able to know what you are using it for and not look on as you waste it. Who was supposed to check to see what the banks were using the money for?” he wondered.
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