How Ofori-Atta Disregarded Kofi Amoabeng When He Was In ‘Big’ Need

The founder of the now-defunct UT Bank, retired Captain Prince Kofi Amoabeng, has expressed his dissatisfaction with former President Nana Addo Dankwa Akufo-Addo and former Finance Minister Ken Ofori-Atta’s lack of assistance after his bank collapsed.

Amoabeng revealed that even though he had personal ties to both individuals, they failed to help him when UT Bank encountered severe financial difficulties.

Rtd. Capt. Amoabeng noted that UT Bank had previously given financial support to Ofori-Atta’s enterprise during difficult times in an interview with Bernard Avle on Channel One TV on Monday, March 24.

He therefore revealed that neither of them provided him with assistance during the 2017 financial sector cleanup that had an impact on UT Bank.

“I knew him [Akufo-Addo], he had been to my house in Kukrantumi before and all that. So these were not people I didn’t know. I knew the former President. The former Minister of Finance also knew about the problems. As for him, I talked to him like a brother and all that. Because he had been there before, at a point, he had all sorts of cases, and I had to give him a loan,” Amoabeng said.

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He responded as follows when asked if he thought the former president’s actions were personal:

“That is why I went to him again to say fine, maybe it was a genuine decision you have taken, but what about the other companies you have frozen accounts?

“And he said I should speak to his Personal Assistant. So it weakened everything that we built. If you are my friend and I have to make a decision that goes against you, I will call you to see what we can do for you to come back.

“But not just immediately nail your other companies and everything and then refuse to see me. At some point, I said it was that bad and I said well, I had to take care of myself.”

Credit: Channel One TV