Pastor Otabil’s integrity is top-notch - Capital Bank founder Ato Essien

Pastor Otabil’s integrity is top-notch - Capital Bank founder Ato Essien

Founder and CEO of the defunct Capital Bank, Ato Essien has defended Dr. Mensah Otabil, insisting the pastor is a man of integrity.

According to him, Otabil, who is the founder of the International Central Gospel Church (ICGC), has unmatched integrity.

The preacher came under the spotlight in 2018 over his involvement in the capitulation of the bank which he chaired.

READ ALSO: Ken Ofori Atta and his partner wanted to buy Capital Bank in 2016 - Ato Essien

A detailed report from the Central Bank indicated that Pastor Otabil was in the know about a GHc610m liquidity support which was diverted into other businesses.

Instead of using the money to restore Capital Bank, the management, with the approval of the ICGC founder, reportedly diverted the money for other uses, leading to the eventual collapse of the local bank in August 2017.

Dr. Otabil eventually came in for criticism from a section of the public, who believed he should have stood against the move, considering the man he is.

Others also lashed out at the preacher, accusing him of failing to practice the integrity that he preaches.

However, Ato Essien has defended the popular preacher, insisting his integrity remains intact despite all that has happened.

He is one man whose yes is yes and no is no. His integrity is unparalleled,” Mr. Essien said on Metro TV’s Good Evening Ghana.

READ ALSO: Akufo-Addo took loan from UT and paid back – Gabby fires Amoabeng

He also disclosed that Finance Minister Ken Ofori-Atta once made attempts to buy the Capital Bank three years ago.

If the bank was that bad would the current finance minister and the board chairman of Enterprise Keli Gadzekpo come to my office to say we are interested to buy Capital bank? Ken Ofori Attah came to my office in 2016 to make that proposal,” Mr. Essien added.

YEN.com.gh earlier reported that a district court has freed six persons who were arrested in relation to the murder of two policemen in Budumburam in the Central Region.

The six were freed after the State Prosecutor dropped charges against them.

According to the prosecutor, ASP Sylvester Asare, latest developments on the case meant the charge sheet had to be amended, thus the release of the men.

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Source: Yen

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