Close Menu
NewsFile GH
  • Home
  • Local News
  • Politics
  • Business
  • Sports
  • Showbiz
  • Odd News
  • Opinion
What's Hot

Zoomlion Ghana wins two major awards at HESS Awards 2026 for Waste Management Excellence

A/R Minister, Zoomlion launch sustained sanitation campaign in Ashanti

Floods: Mahama declares 2-day national cleaning in affected regions

Facebook X (Twitter) Instagram
Trending
  • Zoomlion Ghana wins two major awards at HESS Awards 2026 for Waste Management Excellence
  • A/R Minister, Zoomlion launch sustained sanitation campaign in Ashanti
  • Floods: Mahama declares 2-day national cleaning in affected regions
  • GMTF, Tamale Teaching Hospital tighten partnership to accelerate lifesaving care
  • Nyanyofio urges British Columbia College to produce responsible citizens, not only high achievers
  • Gov’t settles $700m Eurobond obligation ahead of schedule
  • Carlos Queiroz bids emotional farewell to Black Stars
  • Deputy A-G announces arrest of ex-NAFCO CEO at Accra Airport over alleged breach of frozen account
Facebook X (Twitter) Instagram
NewsFile GH
Demo
  • Home
  • Local News

    A/R Minister, Zoomlion launch sustained sanitation campaign in Ashanti

    July 6, 2026

    Floods: Mahama declares 2-day national cleaning in affected regions

    July 6, 2026

    Deputy A-G announces arrest of ex-NAFCO CEO at Accra Airport over alleged breach of frozen account

    July 5, 2026

    Former Finance Minister Amin Adam hands over Masjid Al-Noor to Muslim community

    July 4, 2026

    You are not alone, your sorrow is ours – Sierra Leone Prez commiserates with Ghana over recent floods

    July 3, 2026
  • Politics

    Bawumia commends Amin Adam for visionary Masjid Al Noor project in Tamale

    July 4, 2026

    Accra floods: If you don’t have a plan beyond ‘settings’, your own optics will expose you – Akosua Manu to gov’t

    July 2, 2026

    You cried for DDEP victims; where are your tears for flood victims? – Akosua Manu questions Nana Yaa Jantuah

    July 2, 2026

    Dr Amin Adam endorses Sylvester Tetteh for NPP General Secretary race

    June 29, 2026

    Dr Hafiz Bin Salih endorses Boakye Agyarko for NPP National Chairman

    June 24, 2026
  • Business

    Gov’t settles $700m Eurobond obligation ahead of schedule

    July 6, 2026

    Finance Ministry releases GH¢350m for emergency flood relief efforts

    July 2, 2026

    Energy Consumer Watch calls on NPA to investigate fuel pricing across Ghana

    July 1, 2026

    Karpowership expands fleet with new powership class ‘Sea Lion’

    June 30, 2026

    Fuel prices expected to go down as NPA cuts price floors ahead of July window

    June 30, 2026
  • Sports

    Carlos Queiroz bids emotional farewell to Black Stars

    July 5, 2026

    Black Stars knocked out of FIFA World Cup after 1-0 loss to Colombia

    July 4, 2026

    Carlos Queiroz faces former side as Ghana clash with Colombia in R. 32

    July 3, 2026

    Carlos Queiroz expresses solidarity with Accra flood victims ahead of Colombia clash

    July 1, 2026

    Gov’t to publish list of beneficiaries of free tickets to Black Stars games as scheme ends

    June 29, 2026
  • Showbiz

    Wiyaala named Ghana’s Global Ambassador for Fugu, promoting culture, fashion and national pride

    May 19, 2026

    Full List: Winners at the 27th TGMA

    May 10, 2026

    Agri-value addition takes centre stage at Ghana Cake Festival 2026

    May 5, 2026

    Kwahu Easter a national tourism asset that needs infrastructure support – Mpraeso MP

    March 27, 2026

    Gyankroma Akufo-Addo denies $25m interchange painting claims; threatens legal action

    March 27, 2026
  • Odd News

    Twins marry twins in joyous Nigerian joint wedding

    June 25, 2026

    Indian man carries sister’s skeleton to bank to prove her death

    April 30, 2026

    Stranded whale ferried out of German waters in barge

    April 29, 2026

    We had sex in a Chinese hotel, then found we had been broadcast to thousands

    February 6, 2026

    Nsawam Female Prison inmates showcase talents, proving rehabilitation thrives through discipline, culture and self-expression

    January 6, 2026
  • Opinion

    Floods don’t happen by chance. . .Flooding is not entirely natural

    July 1, 2026

    Flooding in Ghana: Are we paying the price for policy misjudgement?

    June 30, 2026

    Cancellation of Zoomlion contract worsens Accra flooding

    June 25, 2026

    Black Stars likely to play Portugal or Colombia in Round of 32 at the 2026 FIFA World Cup

    June 25, 2026

    Ghana’s cocoa price decision and the future of a resilient cocoa economy

    June 19, 2026
NewsFile GH
Home»News»Failed banks: Akufo-Addo’s decision to pay locked-up funds smacks of hypocrisy – Mahama
News

Failed banks: Akufo-Addo’s decision to pay locked-up funds smacks of hypocrisy – Mahama

By newsfileghOctober 25, 20202 Mins Read
Share Facebook Twitter LinkedIn Email WhatsApp Telegram Copy Link
Share
Facebook Twitter LinkedIn WhatsApp Copy Link Email

Former President John Dramani Mahama has said the decision by the Akufo-Addo administration to pay all customers of the failed banks and microfinance companies at this time of the year smacks of hypocrisy.

He noted that Mr Akufo-Addo was unwilling to pay the funds but only decided to do so after he Mr Mahama had promised the depositors that he will ensure they are paid if he is elected to be president again.

The Government has released GHs3.5 billion to settle all outstanding claims of depositors of defunct financial institutions including savings and loans firms.

A statement by the Receiver, Eric Nipah, said, “with effect from September 16, 2020, affected depositors may contact any branch of Consolidated Bank Ghana Ltd (“CBG”) the paying bank to access their newly created Cash accounts which were originally designated as Commercial Paper (Bond) accounts at the bank ie CBG.”

But speaking to scores of Ghanaians in Prestea Huni Valley as part of his campaign tour of the Western Region last week, Mr Mahama said the government did not have the intention to pay the funds.

“It was only after the NDC has promised to pay the funds that they realized that they have to pay. This is hypocrisy,” Mr Mahama.

He further called on Ghanaians to reject President Akufo-Addo and the New Patriotic Party (NPP) and vote for him instead.

He said he has good policies and programmes for the country.

By Laud Nartey|3news.com|Ghana

Share. Facebook Twitter LinkedIn Email Copy Link WhatsApp

Related Posts

Ghana, UAE to strengthen strategic energy ties as Mahama expresses solidarity with Abu Dhabi

May 7, 2026By Fiifi Sey2 Mins Read

Mahama to host Accra Reset event along AU meeting

February 13, 2026By Krobea1 Min Read

Mahama to hold Thanksgiving Service on Wednesday after one year of second term

January 6, 2026By Krobea1 Min Read
Follow Us
  • Facebook
  • Twitter
  • Instagram
  • YouTube
Recent Posts
  • Zoomlion Ghana wins two major awards at HESS Awards 2026 for Waste Management Excellence
  • A/R Minister, Zoomlion launch sustained sanitation campaign in Ashanti
  • Floods: Mahama declares 2-day national cleaning in affected regions
  • GMTF, Tamale Teaching Hospital tighten partnership to accelerate lifesaving care
  • Nyanyofio urges British Columbia College to produce responsible citizens, not only high achievers
  • Gov’t settles $700m Eurobond obligation ahead of schedule
Top Posts

Zoomlion Ghana wins two major awards at HESS Awards 2026 for Waste Management Excellence

A/R Minister, Zoomlion launch sustained sanitation campaign in Ashanti

Floods: Mahama declares 2-day national cleaning in affected regions

GMTF, Tamale Teaching Hospital tighten partnership to accelerate lifesaving care

About Us
About Us

NewsFile Gh is a comprehensive news portal that delivers up-to-date information on a wide range of topics, including politics, business, sports, entertainment etc. It provides users with real-time news updates accessible anytime and anywhere...

Email Us: news@newsfilegh.com

Facebook X (Twitter) YouTube RSS
Recent

Zoomlion Ghana wins two major awards at HESS Awards 2026 for Waste Management Excellence

A/R Minister, Zoomlion launch sustained sanitation campaign in Ashanti

Floods: Mahama declares 2-day national cleaning in affected regions

Most Popular

IS leader in Afghanistan ‘killed’

July 11, 2015

‘Oldest’ Koran found at UK university

July 22, 2015

Gunman in Mahama’s church for court today

July 28, 2015
© 2026 NewsFile GH. All Rights Reserved.
  • Home
  • Politics

Type above and press Enter to search. Press Esc to cancel.