Dr Paa Kwesi Nduom Visits GN Banking Hall Transformed Into Warehouse, Video Breaks Hearts

• A video of Dr Paa Kwasi Nduom at one of the former offices of his defunct GN bank has surfaced online
• The former CPP and PPP flagbearer got emotional as he walked about the premises of the warehouse
• Netizens who saw the video got emotional and took to the comment section to express their views

Renowned politician, Dr Paa Kwesi Nduom has been left heartbroken following a visit to one of the banking halls of his defunct GN bank.

The banking hall located at Roman Ridge has now been transformed into a Chinese warehouse.

An online video shows an emotional Paa Kwasi Nduom walking about the premises, trying to come to terms with his loss.

The video comes many years after Dr Paa Kwesi Nduom lost his financial institution due to a banking sector clean-up carried out by the current administration.

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Paa Nduom loses GN bank due to banking sector clean-up

GN Bank was among 23 savings and loans companies and finance houses whose operating licenses were revoked by the Bank of Ghana in a clean-up exercise of the country's financial sector.

Despite several efforts, including a lawsuit, Dr Paa Kwesi Nduom has yet to reclaim his financial institution.

He recently decided to tour all GN banking halls and is displeased with what he's seen so far.

Watch the video below:

Ghanaian Economist condemns government's approach

Ghanaian Economist Dr Sam Warlonyo Mensah has criticised the government's approach to addressing the matter. In his view, it was inappropriate. He offered some solutions, giving more insight into the subject.

"The recommendations given were not exactly what this government used. We were looking at the various commercial banks that have not been able to meet certain standards being demoted. So for example, if you're a commercial bnk, your bank can be demoted to run as a rural bank.

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From a rural bank to a microfinance institution. From financial institutions to susu colectng groups so tht the jobs of the people who worked there are protected," he noted.

Netizens react to video of Paa Kwesi Nduom's visit to GN banking halls

Netizens who saw the video were heartbroken and took to the comment section to sympathise with Dr Nduom.

@views09 wrote:

"It’s very sad wow hmm."

@mrlamar01 wrote:

"This is painful to watch. I really respect him."

Dr Ndoum gets emotional after seeing the ruins of his collapsed GN Bank

In an earlier publication, YEN.com.gh reported that Dr Nduom nearly broke down in tears after he visited one of the numerous branches of the defunct GN Bank.

When he toured the facilities, Dr Nduom could not believe the ruins he saw on his properties, which were worth millions of cedis.

He shared an emotional video to launch a campaign as part of a plan to get his bank in business again.

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Proofread by Berlinda Entsie, journalist and copy editor at YEN.com.gh

Source: YEN.com.gh