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Mahama must understand Banking sector clean-up before commenting – Bawumia

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Flagbearer of the New Patriotic Party (NPP) and Vice President of Ghana, Dr.Mahamudu Bawumia has jabbed former President, John Dramani Mahama over the banking sector crisis.
“I’ll ask the former president if he hasn’t read, to go and read the receiver’s report or the BoG’s report and acquaint himself before making any further comments on matters he clearly doesn’t understand,” he said
Addressing Ghanaians during the Media Encounter on Sunday, August 25, he said, the former President needs to get an understanding before making further comments, adding that he cannot hand over a bank’s licence to them, this is subject to legal procedure.He said, “We saved the deposits of 4.6 million bank depositors who really were going to lose their deposits if those banks were not saved. I don’t understand whether the former president has taken his time to understand the banking sector. Some atrocious things and this is why these banks had to be saved.”
Dr.Bawumia further added, “They were not collapsed, they were merged into other banks and no banking depositor lost 1 cedi, everybody maintained. But very bad things happened, some of the banks broke all the rules and extended loans way above the single obligor limits.”
“They were given, in some cases 1 billion by the Bank of Ghana to help them out of the mess and they only got deeper into the situation. Other banks were given capital to save the situation, and they used that money to set up Capital Bank, instead of rescuing the problem that they had. They took the money from the central bank and set up another business which also collapsed. Some took money and invested in private properties,” he added.
Dr.Bawumia concluded that “So, it was against this background the governor came to report, and this was one of my nightmares in the last eight years. Most people didn’t understand how close we were to a collapse of the entire banking system. This is how we had to merge many of these banking sectors into other banks and we saved 4. 6 million depositors.”
By Edem Mensah-Tsotorme
News
Police arrest suspected romance scammer over fraud, sharing of intimate images

The Ghana Police Service has arrested a man suspected of running a romance scam that targeted women with false marriage promises, blackmail, and the non-consensual sharing of intimate images.
The suspect, Nana Yaw Bonsu Kwarteng, was arraigned alongside Sally Akosua Amoasah before the Accra Circuit Court 1 on charges of conspiracy to commit crime, defrauding by false pretences, and non-consensual sharing of intimate images.
According to preliminary investigations, Kwarteng posed as a pastor conducting online church services on Instagram. He allegedly told women that “God had revealed” they were his future wives.
To gain their trust, police say he went as far as meeting their families and presenting them with promise rings.
Investigators allege the suspect then obtained intimate images of some victims and used them to blackmail them for money.
He is also accused of introducing victims to a fake car tyre business. Under the pretext of shipping and clearing containers of tyres, he allegedly collected thousands of dollars from them before becoming unreachable.
Police further allege that Kwarteng shared the intimate images of some victims with his wife, Sally Akosua Amoasah, who is also accused of threatening the victims.
Seven victims have so far reported the matter to the Police. Investigations indicate the offences date back to 2021.
The court remanded Nana Yaw Bonsu Kwarteng into Police custody to reappear on August 6, 2026. Sally Akosua Amoasah was granted bail.
The Ghana Police Service says it continues to receive complaints from other possible victims.
The Service is urging anyone who may have had similar encounters with the suspect to report to the nearest Police station to assist with ongoing investigations.
By Edem Mensah-Tsotorme
News
Tourism industry mourns Prince Anthony Bart-Appiah

Ghana’s tourism industry is in mourning following the sudden death of Prince Anthony Bart-Appiah, a pioneering figure credited with helping to reconnect the African diaspora to the continent.
Prince Anthony passed away in the early hours of Saturday, July 26, 2026, at his private residence in Spintex, Accra.
He was instrumental in the development and promotion of “The Year of Return,” the flagship tourism campaign that invited members of the African diaspora to return to Ghana in 2019.
The initiative is widely regarded as a turning point that boosted Ghana’s tourism numbers and strengthened cultural ties with Black communities across the world.
Beyond his work with the GTA, Prince Anthony was the Chief Exexutive Officer (CEO) of Bridgezone, an agency dedicated to showcasing Africa to Western audiences and fostering cultural and business connections between the continent and the diaspora.
Colleagues describe him as passionate, strategic, and committed to telling authentic African stories that drive tourism, investment, and pride.
Widely known as Prince Anthony, he served as a Board Member of the Ghana Tourism Authority from 2025 to date.
A former British Army officer and a royal of the Akwamu clan, he brought discipline, vision, and a deep sense of heritage to every role he held
Prince Anthony was also a proud father to two teenagers, whom he deeply cherished.
In a statement, the *Ghana Tourism Authority extended its heartfelt condolences to the grieving family, friends, and all sympathizers.
“The tourism industry has lost a pioneering figure and a vital link to the diasporan community,” the statement read.
The statement further added that “We pray for strength for the family during this difficult time.”
Tributes have since poured in from tourism stakeholders, creatives, and diasporan groups who say Prince Anthony’s legacy will continue to shape how the world sees and experiences Ghana.
By Edem Mensah-Tsotorme







