- Former president Rawlings has revealed that the NPP under the leadership of Akufo-Addo has plans to establish a National Development Bank
- He said the bank would be purposely for the selfish gains of the NPP
- He, however, hoped that the bank would benefit all when it is eventually set up
Former president Jerry John Rawlings has revealed that the New Patriotic Party (NPP) under the leadership of Akufo-Addo has plans to establish a bank - National Development Bank.
According to him, the bank that would be set up by the NPP would be purposely for the selfish gains of the political party.
Speaking at the commemoration of the 31st December 1981 Movement in Winneba, Rawlings noted that this alleged bank, when established, would cripple existing banks.
Rawlings further added that the bank would help favor fraudulent entrepreneurs which would, in turn, plunge the country into corruption just as it happened with the Ghana Commercial Bank in the past.
READ ALSO: New Year Message: Akufo-Akufo assures Ghanaians of a peaceful and fair election in 2020
“I’m about saying something, maybe NPP will deny it. They intend to set up a National Development Bank.
This National Development Bank I bet because they know the use to which Ghana Commercial Bank was put by a certain group of people in this country being part and parcel of them, they monopolised it, kept quiet and they have also decided that no, we will also decide to establish a National Development Bank under this leadership,” Rawlings said.
Rawlings was however hopeful the establishment of this National Development Bank will serve its ‘rightful’ purpose.
He, however, prayed that when established, the bank would not go down serving the selfish interest of fraudulent entrepreneurs as the Ghana Commercial Bank did in those days but will rather serve the interest of deserving and genuine entrepreneurs of this country.
READ ALSO: Explainer: Why the EIU thinks the NPP will win election 2020 marginally
In other news, President Nana Akufo-Addo has reiterated to Ghanaians that he will ensure that Ghana’s 8th election under the 4th republic is a free, fair and transparent one.
In a new year's message to the people of Ghana, he urged the nation to ensure that the 2020 presidential and parliamentary elections were held in a peaceful, transparent atmosphere and manner.
According to him, he is confident that Ghana will rise to the occasion in December 2020 and continue to be the beacon of democracy and hope for Africa.
READ ALSO: Explainer: Why Mahama thinks it is illogical to print new cedi notes