Fears were heightened when, in the year 2017, the Bank of Ghana announced that GCB Bank is to take over the operations of the then Capital Bank and the UT Bank.
Issues of job security et al became hot topics for debate among a cross section of Ghanaians.
A year on, the circumstances that led to the collapse of the Capital Bank very likely continue to haunt some of their key officials.
The then Board Chairman, Dr. Mensa Otabil, recently released a statement that had Ghanaians talking.
In it, he commiserated with those who had lost their jobs as a result of the takeover, and indicated that he was closely working with the relevant agencies with regard to the finer details of the matter.
As the process is ongoing, Dr. Otabil is very likely at his wits end; trying to find answers to a number of questions that may have been on him mind for several months now.
YEN.com.gh brings you 5 questions that may continually be on his mind, as he cooperates with the state agencies to derive a complete picture of all that went wrong with Capital Bank.
1. Will I be punished for my role in Capital Bank’s collapse?
EOCO allegedly invited Dr. Otabil for questioning with regard to the collapse of Capital Bank. They are expected to come out with their recommendations once they are done.
2. Was it right to release the statement?
The release of a statement that sought to throw light on his role in Capital Bank generated a lot of talk among Ghanaians.
3. What is going through the minds of the former employees of the bank?
Two former employees of the Capital Bank have revealed they don't care about Dr. Otabil's statement. All they are interested in at the moment is their severance package.
4. How bad will the bank’s collapse affect other brands I am associated with?
Otabil is associated with other brands such as ICGC and Otabil and Associates. The extent to which such brands may suffer is not too clear.
5. How many of my church members will remain when this ‘storm’ is over?
Every pastor is concerned about the members of the church. The probability that some members may part ways with the church cannot be ignored.
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