One of Ghana's controversial and outspoken clerics, Nicholas Osei, better known as Prophet Kumchacha, has expressed his disappointment in Pastor Mensa Otabil's inability to save Capital Bank from going under.
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Earlier in the week, reports of the sale of Capital Bank alongside Prince Kofi Amoabeng's UT Bank sent shockwaves down the spines of many Ghanaians.
A Bank of Ghana press release explained that the two banks were seen as unsustainable and this the central bank had revoked their licenses hence the sale of both to Ghana's largest indigenous bank, the GCB Bank.
As expected, many Ghanaians drew several conclusion from the sale and the rumors went rife when it was later revealed that lead pastor and founder of the International Central Gospel Church, Pastor Mensa Otabil was the board chairman of the now defunct Capital Bank.
Speaking to the issue on the Accra-based Kasapa FM, Kumchacha stated that he would have expected Mensa Otabil to show some competence in managing Capital Bank.
He drew a parallel between Dr. Otabil once referring to former president of Ghana, John Dramani Mahama, as "incompetent" and alluded that if the cleric was more competent, he would be able to save Capital Bank.
"When President Mahama was in power, Dr. Mensa Otabil called him ‘incompetent’. He extensively criticised the former President that he can’t rule over 27 million population but you (Otabil) with this small bank (Capital Bank), you couldn’t keep this bank in business and sat to watch it collapse", he stated.
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