Any Injustice Against Kofi Amoaben Will Not Stand The Test Of Time -HRH Oscar Doe

Chairman of Doscar Group Holdings, HRH Oscar Yao Doe has expressed solidarity for Mr. Kofi Amoaben, CEO of UT Holdings, who was yesterday arrested and charged for prosecution over alleged complicity in activities that led to the collapse of UT Bank. KingOscar said the arrest and prosecution doesn't mean a judgment of guilt, and encouraged Amoaben to see it as a B

big opportunity to go public to make his case and clear himself. Lamenting how the founder of the defunct UT Bank had been deprived of the rewards of his hardwork of decades, he said Mr. Amoaben tribulations will not stand the test of time.

The renowned businessman however, expressed his confidence in the Ghana police and judicial system to be fair and just in the matter. Read his full statement below.. 

I, His Royal Highness, The Most-Colourful And Decorated Oscar Yao Doe Stand Shoulder To Shoulder With Kofi Amoaben, The Iconic Businessman Who Created UT Holdings From Scratch.

It's Obvious President J.A Kuffuor Will Not Be Pleased To See His Own Party Man, President Akufo-Addo Destroying The Golden Age Of Business,The Property-owning Democracy, Development In Freedom Ideology And Legacy (Achieved By Himself & The NPP).

Mr. Amoaben, The Injustice You Have Been Subjected To Will Not Stand The Test Of Time. I Urge You To Remain Bold And Strong.

History Has Thought Us That This Kind Of Moments Are Nothing One Should Be Afraid Of.., It Is A Big Opportunity Rather For You, Mr Amoaben To Go Public Daily To Make Your Case Louder And Clear.

The Police Institution And The Court System Have Been Around Way Back Before The President, Akufo-Addo Was Even Born. So, It Is Only Posterity That Will Define This  Dark Moments In Our History.

We Can Find Money For Destruction, But No Money To Build Schools, Roads -Oscar Doe

Hits Prez For Approving GHS15.6b Financial Sector Support Fund For Ofori-Atta

Economic Challenges: Akufo-Addo Govt Created Unnecessary Stress For Ghana Through Ken Ofori-Atta, Ernest Addison And Co -HRH Oscar

Chairman of Doscar Group Holdings, HRH Oscar Yao Doe has attributed the current economic challenges Ghanaians are faced with to the unnecessary stress brought on the financial sector by the Akufo-Addo administration through the recent banking scandal, which he had repeatedly described as lacking good intentions. For the umpteenth time, he lampooned the minister of finance, Hon Ken Ofori-Atta and the Governor of the Bank of Ghana, Dr Ernest Addison for bringing sad moments to Ghana.

In a new public post this morning, he questioned yet again, why the government would spend billions of dollars on a purported reform process that has left the country in pains rather than gains.

Read his post in full below.. 

Make Your Own Calculation.. Good Intention Is Always Key For Our Collective Success. Wicked Intentions Always Come Back To Hurt Our Collective Success. The Akufo-Addo Government Has Created Unnecessary Stress For Our Financial Sector Through The Arrogant Ken Ofori-Atta, The Empty-Headed Ernest Addison & Co.

Sad Moment For Ghana. The Truth!

I Care About Ghana A Lot. That's Why I Contributed My Quota By Building Many Schools And Supporting Many People Up To University Education With My Own Small Hustling. (Its Because) I Care.

This Is Not What Is Expected From These So-Called Well-Educated Guys. It Doesn't Make Sense To Spend Soo Much Money (Billions Of Dollars) Just To Destroy Ghanaian-Owned Banks And Businesses. (Why Not Give Them) A Bailout???

The Akufo-Addo Government, Through Ken Ofori-Atta Refused To Pay Ghana Government Contractors Loans Owed To The Banks, Which Could Have Helped Them To Improve Their Cash Inflows. And Yet, This Same Government Declared (The Banks) "Insolvent", So They Revoked Their Licenses, And They Have Been Taken Over By The Ghana Government.

So, Their (The Bank Owners) Hardwork  Is Now Zero! Their Properties And Their Banks' Assets Are Now For The Government Of Ghana. Just Like That?

These Actions Are Perhaps A Witccraft??? Sad Moments For Ghana. Unbelievable! 

Guide Yourself With Recent History: HRH Oscar Warns Commercial Banks Denying Private Sector Lending

Reputable businessman, Oscar Yao Doe has sent a loud warning to commercial banks in Ghana who are currently declining the private sector of credit facilities in favour of the public sector to be wary of the kind of trap banks that recently went insolvent were pushed into. The Doscar Group Holdings Chairman in a short public post this afternoon was reacting to a news story by Ghanaweb which quoted a Bank of Ghana’s Banking Sector Report. 

Ghanaweb reported that Commercial banks in the country are beginning to favour lending to the public sector rather than the private sector, according to the Bank of Ghana’s Banking Sector Report. 

According to the report, the share of private sector credit in total advances made by banks in the eight months of the year declined while loans to the public sector inched up.

He warned the banks to learn from the refusal to pay the debts owed some of the recently proscribed banks by the government, which formed a major part of the problems that led to their collapse. 

HRH Doe in the post, also sarcastically knocked the men that oversaw the recent reforms in the banking sector that had been greeted with mixed reactions; Ken Ofori-Atta, Ernest Addison and Nii Amanor-Dodoo.

He wrote... 

Breaking News: GHANA Is Now Declared A Government-Owned And Controlled Economy!

Major Business Activities Are Now In The Hands Of Government-Owned Institutions. Congratulations To HON.Ken '14 BILLION GHS' Ofori-Attah, Empty-Headed 'Governor Revocation' Ernest Addison, Nii 'Butcher, Deceiver' Amanor-Dodoo under The Supervision Of Our Own Uncle, President Akuffo-I Don't Care-Addo.

(I Have A) Warning To These Banks Focusing Their Loan Portfolio's On Government Institutions. Remember Ken Ofori-Atta And Co Refused To Pay The Debts That Government Of Ghana Owed To Ghanaian Banks Through Local Contractors. And Yet, They Used That As An Excuse (Insolvent) To Destroy Our Ghanaian-Owned Banks.

Be Careful, Government Debts Are Not Guaranteed In Ghana! Guide Yourselves With Recent History. 

Banking Scandals: Parliament Should Investigate 14bn Spent By Ken Ofori-Attah And Co. - Oscar Doe

HRH Oscar Yao Doe has called on the Ghana Parliament to step into the ongoing banking industry scandals, urging them to particularly investigate how the finance minister and his team who oversaw the recent reforms in the banking sector, spent a whoping 14 billion GHS in that process that led to the collapse of indigenous banks and hundreds of financial institutions. He said stepping into the matter will show whether the parliament truly cares about the country.

In his latest public post, finance minister, Hon. ken ofori Attah received more strong words from the Doscar Group Holdings chairman. KingOscar described Ofori-Attah As A Very Wicked Man With Zero Compassion.

He wrote..

I Used To Believe This Guy, Hon. Ken Ofori-Atta Was A Financial Guru (And A) Genius And That Whenever President Akuffo-Addo Gets The Chance To Become President, He Will Perform. But Wow! Wow!! Wow!!!
(Now I know) Hon. Ken Ofori-Atta Is A Disaster And A Failure; (He Is The) Finance Minister  Who Has Supervised The Worst Destructive Policy In Ghana's History! (He Has) Zero Compassion, (He Is A) Very Wicked Man And The History Books' Scorecard Of Ghana Will Capture Him As Such. (He Is A) Very Arrogant 'Mr Know It All'. I Am Sure He Is  At Peace Now After Destroying So  Many Ghanaian-Owned Businesses. Ayekoo! Ghana's Well-To-Do Business Icons Were Taken To The Buthers And Killed Off Just Like That. Congratulations Mr Disaster!
SEE BELOW:
14 Billion GHS Spent In Ghana Under The Leadership Of President Akuffo Addo To Kill Off Ghanaian Owned Businesses. My Goodness! (This Is) Empty-Headedness And Empty Ego(Vendetta) At Its Best. Please Give Us A Breakdown On How The 14 Billion GHS Was Spent. The Largest Ghana Social Security Institution (SSNIT) Has Total Investment Assets Valued At 9.6 Billion Ghana Cedis, And Yet The Akuffo-Addo Administration Found 14 Billion GHS And  Used  It To Destry Many Ghanaian-Owned Businesses.
Parliament Should Take Over This Matter If (They) Truly Care About Ghana And Get To The Bottom Of It.
How Do You Spend Such Amount Only To Destroy Your Own People? I Thought These Guys Were Brilliant, But Not At All. (But) They Are Just Mere School-Goers (Who Only) Obtain Certificates And Speak Big Grammar! End Of Story!

'Tell Ghanaians How You Spent 14bn On Banking Sector Cleansing' -Oscar Doe Tells Ken Ofori-Atta, Ernest Addison, Nii Dodoo & Osei Gyasi

The chairman of Doscar Group Holdings, Oscar Yao Doe has called out the Finance Minister, Ken Ofori Atta, the Governor of the Bank of Ghana, Ernest Addison, a former Senior Partner at KPMG, Nii Amanor-Dodoo and Ose Gyasi, the head of Banking Supervision at the Bank of Ghana (BoG) to give account of the whoping 14 Billion GHS they purportedly spent on 'cleansing the Ghana banking sector.

In his public post this morning, oscar described as a wrong decision with evil intentions, the spending of such huge resources to achieve the collapse of 11 Ghanaian-owned Banks, over 300 Savings And Loans banks and Microfinance companies. He once again quried why such amount was rather notspent on bailouts, to save the institutions from collapse, as done in developed economies like the US and Europe.

Read his post below..

"Breaking News: The Four WIse Men In Ghana?! History Scorecard: These 4: Hon. Ken Ofori-Atta, Gov. Ernest Addison, Nii 'Deceiiver,Amanor-Dodoo And Osei Gyasi Said They Have Spent 14 Billion Ghana Cedis (Of) Tax Payers' Money To Destroy 11 Ghanaian Banks, Over 300 Savings And Loans Banks And Microfinance Companies. CONGRATULATIONS To Them. They Are Extremely Wise Men! They Are Very Smart Thinkers!

In 2007/08, The US Government Intervened To Save Their Banks Through Government-Initiated Bailouts. The Effect Of The US Banking Crisis Spilled Over To Europe, And The European Commission Responded Swiftly By Creating Laws Within Their Own Strigent Laws To Pave Way For European Countries To Bailout Their Local Banks. They Did Exactly That.

What Stopped These 4 Men (Ken Ofori-Atta, Ernest Addison, Nii 'Deceiver'-Dodoo & Osei Gyasi) From Paying Government Of Ghana Contractors Debts Owed To The Ghanaian Banks At The Time? Who Stopped These Wise Men From Helping Our Own Indigenous Businesses To Survive Any Challenges They May Have Been Going Through? Is The Destruction The Only Option? Bold NO! NO!! NO!!!.

The News Could Have Been That We Spent 3 Or 4 Billion Ghana Cedis To Bailout (Save) Our Ghanaian Banks. But Instead, We Are Told 14 Billion GHS Has Been Spent To Cleanse The Banking System In Ghana? In Their Own Grammar! Really? Time Will Tell.

Please Give (Us The) Breakdown To The Nation How The 14 Billion GHS Was Spent? You Have An Obligation To Give Accounts To The Ghanaian People, If You Believe Strongly It's The Truth.

Using 14 Billion GHS To Kill Dreams And Aspirations Is Madness And Unwise. (It Is A) Wrong Decision (With) Evil Intentions.

While Ghana Govt. Is Killing Indigenous Businesses, UAE Is Giving Aids To Rescue Its Troubled Local Coys - Oscar Doe

-Doscar Group Chairman Asks Finance Ministry, BoG To Give Account Of 14bn GHS Spent On Banking Sector

Reacting to a story from Dubai yesterday, HRH Oscar Yao Doe has compared the fortunes of the country and Ghana,  concluding that unless his country adopted pragmatic and well-thought-out solutions to very critical issues like the ongoing banking scandals, Ghana can never match the prosperity of the Arabian country. In the said story, the UAE Central Bank confirms move to control real estate exposures in the banking sector.

The Central Bank of the UAE has released for consultation proposed new regulations to better control real estate exposures in the banking industry. It said in a statement that the primary objective of the proposed framework is to enhance financial stability by redesigning regulatory measures.

The refined measures are expected to improve flexibility for bank lending to the real estate sector, while ensuring that banks with higher real estate exposures, above a set threshold, will be subject to supplemental regulatory requirements.

"This Is How You Create The Enabling Business Environment For A Country To Prosper", the Doscar Group Chairman said in his public post.

He also challenged the finance ministry and Bank of Ghana to give a breakdown of how 14 Billion Ghana Cedis was purportedly spent on the ongoing banking situation in the country. 

Read the full article below... 

But In Ghana From 2014 - 2018 Many Ghanaian-Owned Banks Were Exposed To Ghana Government Contracts' Debts. Guess What? HON. Ken Ofori-Atta And Co. Refused To Honour Those Debt Obligations To The Local Banks, Which Could Have Helped Them Improve Their Cash (Liquidity) Positions. And Then, Government Should Have Followed Up Immediately With Bailouts To Give Them (The Banks) The Needed Relief, Especially (Where) Those Payments Were Still Not Enough To Shore Up Their Liquidity Strength. And After That, (The Government Can Now) Initiate Tighter And Tougher Regulations, Including Assigning Government Policing The CEOs Of All The Affected Banks Till They Pay Every Dime Back Into Government Covers.

This Exercise Could Have Cost Less Than 3 Billion Ghana Cedis, Saved Many Jobs, Protect The Unnecessary Spill Over To The Savings & Loans And Micro Finance Companies. This Could Have Been The Smartest Way Out, Assuming The Decision Was Made Based On National Interests.

But Now, We Are Told Up To 14 Billion Ghana Cedis Has Been Spent On The Banking Situation. Really? For Real? Wow! Answers Are Needed! 

1. Where Did Government Find The 14 Billion Ghana Cedis From? Who Is Going To Be Responsible For That Money?

2. What Exactly Was The 14 Billion Ghana Cedis Used For?

3. The Finance Ministry And Bank Of Ghana Owe It A Duty To The Ghanaian People To Give A Breakdown Of How The 14 Billion Ghana Cedis Was Spent If They (This Government) Truly Believe In Transparency!

4. Is The IMF, World Bank, Etc Aware Of This 14 Billion Ghana Cedis Story? What A Mess! 

(In My Conclusion), My Question Is Are We Saying We Used 14 Billion Ghana Cedis To Destroy Our Own Indigenous Banks? Or It's Just A Movie? WHATy Sense Does It Make To Spend Such Huge Amount To Destroy Ghana-Owned Banks. It Doesn't Make Any Sense At All.

(Should) We Be Saying Oh, We Used 4 Billion GHS, Or 5 Billion GHS To Bailout Our Ghanaian-Owned Banks To Avoid Job Losses, (With The Grace) That They Will Pay Back To Government Coffers, That Would Have Made Sense!

(Just Imagine) The Actions Of Our Well-educated Degree Holders! Asem Be Ba Da Bi. 

History Will Remember Ex-Prez Kuffour For Creating The Golden Age That Produced Dollar-Millionaires In Ghana -Oscar Doe

-But Doscar Boss Says Ernest Addison Will Be Remembered For Allowing Himself To Be Used To Tear Down Successful Enterprenuers

No one has been more critical of Dr. Ernest Addison, the Governor of the Bank of Ghana recently than HRH, Oscar Yao Doe, the Chairman of Doscar Group Holdings. The businessman has been a major critic of the present government in Ghana for looking the other way while some individuals are using state power to settle scores with indigenous business owners who are not in their good books. His particular worry has been over the ongoing scandals rocking the financial sector in the country, which he had always warned, may lead the country into a sorry state. 

While recalling the golden era in the history of Ghana's economy (as created by the administration of former president Kuffour), which saw the emergence of many millionaires, including himself in 2004, HRH Doe believes, history would not be friendly with Addison for the roles he played in the ongoing banking scandal. 

He said these in his latest public post, this morning. Read it below... 

When Did Ghana Get Here? Are We Saying Selection Of People To Chair Committees Has Now Become A Huge Life-changing Situation? Are We Saying Selecting Someone Into A Mere Committee Has Become (Something) That Is Going To Bring Money To Ghana? Or (Something That) Is Going To Change Ghana's Economic Fortunes? My Goodness! 

The 'Empty-Headed' Addison Will Go Down In History As The Man Who Was Used By The Baby-Idiots (Goro Boys & Kelebe Boys) To Tear Down Ghana's Most Successful Entrepreneurs. 

Ghana's Finest Successful Personalities And Families Were Crucified With 1950s' Outdated Laws, With Evil Intentions To Satisfy Personal Vendetta.

They Should Give Us A Break, My Friends! There Is No Big Deal For Someone To Serve In A Committee. (There Is) Nothing Special About It! It's A Normal Routine. 

History Will Rather Consider President J.A Kuffour As The Man Who Opened Ghana's Banking Space; The Man Who Created The Golden Age Of Business Atmosphere That Produced Many Dollar Millionaires, Including Myself (Because Through H.E Kuffour's Policies From 2001, I Also Became A Dollar Millionaire In 2004). 

PREZ Akuffo-Addo Own History Has Also Been Created. 

PREZ Kuffour's Tenure Is What You Can Easily Called The 'Wow Wow Wow' Moment. It was Not The (Era Of) Selection Of Empty-headed Degree Holders Into (Even) A Mere Committees (Like We Have Today). 

Ghanaians, Let's Open Our Eyes And Focus On Things That Matters Most For Ourselves, And Upcoming Generations. We Are In It Together!

The Next 10 Years Will Be Very Interesting. What Goes Around Comes Around!

I Cannot Imagine What The Judgement Will Be In The Future When The Evils That Was Done To Our Best Businessmen And Women In Recent Years Is Evaluated. Time Is Everything. Political Power Is Not Guaranteed For Life. It is Also Not A Lifetime Collateral (For) Protection, History Has Thought Us.

Banking Scandal: HRH Oscar Doe Accuses Osei Gyasi Of Being One Of The Architects Of The Crisis

The chairman of Doscar Group Holdings, HRH Oscar Yao Doe has called out the Head of Banking Supervision at the Bank of Ghana, Osei Gyasi, adding him to the list of individuals that needed to be questioned over the ongoing banking crisis in Ghana. The multimillionaire businessman was chronic of Mr Osei Gyasi who he said he used to take for a brilliant person until he had course to deal with his office at BoG. HRH Doe Believes Gyasi is one of the architects of the on-going crisis.  

He said all these in a latest public post. Before now, the philanthropist has been critical of the persons of the finance minister, Ken Ofori-Atta, the Governor of the Bank of Ghana, Dr Ernest Addison and Nii Amanor Dodoo, a former principal at KPMG Ghana, alleging them of complicity in the process that led to the collapse of some indigenous financial institutions and local companies in the country recently. Read the post in full below.... 

"I Thought This Gentleman, Osei Gyasi (Head Of Banking Supervision, Bank of Ghana) Was Brilliant, Till I Dealt With His Office. He Is Part Of The Problem. 

The Question Is Which Criteria Do We Use In Ghana To Appoint People Into Very Important Portfolios? Is It Masters Degree. Is IT Ph.D?

Or (Just) Chairing Committees And Doing Some Feasibility Studies?

I Suppose This Is The Criteria.. Any Person (To Be Considered For Public Portfolios) Must Have Demonstrated Or Proved Personal Achievements Either In The Public Or Private Sector Before A High Profile Portfolio Can Be Given To Handle Because The Ability To Make Very Critical Decisions Within A Moment Is (Very) Key. And Most Importantly, The Ability To Make Decisions Based On Fairness And Open Mindedness Is Extremely Essential.

With All Due Respect To His Family,  I Score Mr Osei Gyasi A Zero In Terms Of Performance! I Think He Is Just There Doing 'Yes Sir Master (A Yesman Job). Because, It Took 4 Beautiful Months To Respond To A Letter Which Is Bringing Money To The State. Meanwhile, Too Much Nonsense Of Noise Was Going Via The Media Through The Bank Of Ghana Publications "We Are Protecting Depositors' Money", We Are Cleaning The Banking Sector", The Recovery Process Is Slow", This And That! Yet, Pure Deception. Time Will Tell". 

Banking Crisis: Oscar Doe Blasts Ken Ofori-Atta, Ernest Addison, Nii Amanor Dodoo Again; Says They Lack Vision And Love For Country

-For Their Roles In Banking Crisis

Oscar Yao Doe, the Chairman of Doscar Group has yet again brought to questioning the personalities of finance minister, Mr. Ken Ofori-Atta, Governor of the Bank of Ghana, Ernest Addison and Nii Amanor Dodoo, a former principal partner at KPMG Ghana, for their roles in the banking crisis in the country that led to the collapse of some indigenous financial institutions and local companies. 

In his latest post this morning, HRH Oscar wrote.. 

"GHANA'S HISTORY BOOK SCORECARDS: 2017-2019

Hon. Ken Ofori-Atta (Ghana's  Finance Minister, 2017 Till Date); Bachelor Of Arts In Economics, (Columbia University, 1984). MBA, (Yale University School Of Management (1988). 

History book Scorecard Will Consider Ken As The Man Who Declined To Pay Debts That Ghana Government Owed To Local Banks During Prez John Mahama's Era. Paying Off These Debts Timely Could've Helped Local Banks To Improve Their Liquidity Position. He Could Have Also Made A Decision To Buy Back The ADB Shares Favouring Unibank, To Improve The Bank's Liquidity. Was It Done Deliberately? Only Time Can Tell.

Gov. Ernest Kwamina Addison: Bachelor Of Arts (University Of Ghana; 1982-86). Masters Of Economics (Cambridge University;1987-89). Doctor Of Philosophy (Ph.D) Degree In Economics, MCGILL University. ,His (Ph.D) Dissertation Was Done Under The Direction Of John Kurien.

History Book Scorecard (Will Have It That): He Misjudged And Failed To See The Bigger Picture For Ghana's Economic Prospects Where Everyone Is Taking On Board, Regardless Of Liquidity Challenges. Their Businesses May Have Been Going Through Because Of Lack Of Supervision From The BoG  Itself. He Failed To Apply The European Commission Or The Us Model To Bail Out Ghana's Local Banks And Then Put In New Stringent Measures (Tight Regulations And Laws) With Strong Supervision. 

Nii Amanor-Dodoo: Member, Institute Of Chartered Accountants,Ghana. Member, Institute Of Chartered Accountants, Nigeria.

History Scorecard: Amanor Should Have Been Bold To Tell The BoG Let's Do Stress Tests Instead Of Audit To Ascertain The True Picture Of Their Financial Needs, (And) Then Follow Up Swiftly With Massive Bailouts Like What The Europeans And The US Government  Did For Their Own Banks Having Similar Challenges In 2007/2008/2009.

My Scorecard On The 3 Personalities:

They Lack Vision And Love For Country.They Were Short-sighted And Chose Outdated Mindsets. 

In The 21st Century, Unless Many People Succeed Along In Your System, The Effect On Everyone Could Be Severe! The World Has Evolved. That's Why It's Critical To Use Machinery Of Government To Shiwt Compassion On Every DecisionsMAKING SITUATION.TO STAND THE TEST OF TIME."

Ghana, Are You Worth Dieing For? Oscar Doe Bemoans Unfair Treatment To Gifty Afenyi-Dadzie By Govt Boys

Oscar Yao Doe, the Chairman of Doscar Group has shown solidarity to a former member of the Council Of State, Mrs Afenyi-Dadzie for the unfair treatment she has received from some Appointees of Government who supervised the revocation of the license of her bank. HRH Yao Doe celebrated the prominent woman for all her contributions to Mother Ghana, but queried why Bank of Ghana Governor, Ernest Addison approved the collapse of the bank. 

Read the post in full below... 

Ghana, Are You Worth Dying For? The Painful Story Of A National Hero Gifty Afenyi-Dadzie

H.E, Mrs Afenyi-Dadzie's  Profile & Achievements: 

AGE 62; Celebrated Journalist, Business Woman, Media Practitioner, Member Of The Council Of State, Managing Director Of 1st African Group (A Business Conglomerate With Over Three Companies In The Ghana Club 100. She Served On Various Boards, Including The Tender's Board, (MOFA) Advisory Committee, Ghana Institute Of Journalism, National Media Commission, EKUMFIMAN Rural Bank, CDH Insurance. She Became An Associate Of (WIFP); The First WOMANy Vice President And Subsequently The President Of Ghana Journalists Association, (The Longest-Serving GJA)President; 1996- 2003. Appointed A Member Of Council Of State In 2005 By PREZ J.A Kuffour, The Youngest Person As At Then. The National Prayer Director For Women's Aglow Ministry, (An Inter-Denominational Christian Women's Fellowship In Ghana. A Recipient Of National Awards (The "Order Of Volta") A Legend! 

Ernest Addison's Profile And Achievements:

Age 56; Ass. Director Of Research (2003-2011) (BoG), African Dev. Bank, Pretoria Office. Chaired Some Committees And Did Some Feasibility Studies, Worked At BoG Since 1994. Appointed Governor Of BoG By PREZ Akuffo-Addo In 2017. Addison From Nowhere Also Appointed Nii (Deceiver) Dodoo To Cook The Destructive Audit Reports To Destroy Ghanaian-Owned Banks.

Addison Recently Revoked Madam Gifty Afenyi-Dadzie's 1st African Savings & Loans' Banking License Just Like That! A Company Built Over 30 Plus Years Ago. 

Gifty Afenyi-Dadzie Is Known For Her Sacrifices For Ghana, Especially Her Contributions During The Crucial 2008 Elections. She Mobilised Christian Women's Groups To Intercede With Fasting And Prayers For Ghana. She Led A Mega Prayer Sessions At The Independence Square. She Is My Hero. I Salute Her.

Madam, May God In Heaven Console You And Heal Your Pain For The Injustice That Has Befallen You, Orchestrated By The Baby Idiots.Time Will Tell.

Ghana Hails You Madam Afenyi-Dadzie, For Your Contributions To The Well-being Of Mother Ghana. 

Who (Even) Gave The Order To Revoked The Banking License Of Such An Asset Who Has Sacrificed Tremendously To The Development Of Ghana. Even If She Has Challenges, Support Her To Recover For Our Collective  Good.

The Machinery Of State Has To Be Used To The Benefits Of The People,  Not To Be Used To Destroy Our Own Indigenous Banks And Businesses. No Reason Can Be Justified In This Evil Act. None! Zero Justification!

There Is Something Wrong With The Way We Think And Reasoning In Ghana! We Waste Too Much Time Talking About Things That Doesn't Matter At All. We Gossip Too Much About People We Don't Even Know Well, Especially Successful People In Our Society! Let's Stop It Now! It's A Waste Of Precious Time. 

Let's Stop It And Focus On How We Can Use The Importance Of Data To Advance Our Nation's Progress. May God Help Us With Deep Wisdom.

HRH Oscar Yao Doe: Is Ghana Letting Down One Of Her Brightest Stars?

By Tope Aileru

"A prophet is not without honor except in his own country, among his own relatives, and in his own house.” - Holy Bible; Mark 6:4,New King James Version (NKJV).

Over the past few weeks, in the most unusual manner, I have read several public statements/post published by (or in the name of) HRH Oscar Yao Doe, popular philantropist, and multi-millionaire businessman; lamenting the terrible experience he has been passing through since 2009-2012 and since mid 2018 over his businesses and financial dealings (in his country Ghana), which had left him fuming at the present handlers of the country, and even crying out that Ghana is in trouble! 

For about a decade now, Oscar Doe has been one of the brightest stars to have shined out of Ghana; with his names on the lips of many for the right reasons. He has always been seen as a pillar of support to a lot of Ghanaians and non-Ghanaians alike. He has not only supported emerging shining stars, he had given succour to the less-blessed.In the area of support for education, the creative industry and other key sectors, Oscar towers high above many rich Ghanaians. He has been an outstanding philantropist. So what could have gone wrong? How did 'the colourful King Oscar' become a troubled man suddenly?

Repeatedly, HRH Oscar, who brought luxury into the Ghana business landscape with his Eurostar Global Limousines (W.A), a couple of years ago, had called out names of some notable Ghanaians who are using the power of the state to hit some Ghanaian-owned businesses, particularly in the financial sector.

He has called out the Governor of the Bank of Ghana, the Minister of Finance and a Principal Partner of KPMG Ghana, Nii Amanor Doodo, alleging them of complicity in the liquidation of Unibank, which has led to the continued holding of his funds (via some of his companies) since mid 2018. He has consistently challenged the decision of the BoG to appoint Nii Amanor Doodo, whose company, KPMG Ghana Limited audited the books of the liquidated bank, as Receiver for same bank. Posts after posts, Oscar has been challenging the President of Ghana, Nana Akufo-Addo to investigate the process that led to the collapse of Unibank and other Ghanaian-owned banks and businesses. HRH Oscar Yao Doe, who apart from his transactional reconciliation with the Receiver, also has almost 40 million USD stake in a blind trust with the Duffuor family in Unibank, is cork sure there were a lot of foul plays and has consistently insisted (publicly) that the future does not look bright for Ghana should the President not act now and bring the persons to justice if found culpable.

One thing is clear, this colourful businessman with his investments spreading across countries in Africa has told his own side of the story (with physical evidences). Of course, there is no need to go over those claims again in this piece. They are there for all to see. 

It is however mind-boggling to see that the President has not acted swiftly on this matter. That those indicted by Oscar in his statements have not been brought to questioning till now is also worrisome. Given Oscar Doe's relationship with the president and his family, one wonders why it had to take the business tycoon going public over the matter in the first place. But it shows how deeply-hurt the Doscar Group Holdings Chairman is. He told of how his correspondences over the reconciliation of his companies obligations to the troubled financial institutions suffered long delays before they were given lame responses, among many other ill-treatments (unwarranted of a man of his status) that he was subjected to over this matter.

This piece is apparently not to make a case for Oscar Doe here. Rather, it is to underscore the grave danger that actions like this portends for justice and the general prosperity of Ghana. At this crucial period, where developing countries of the world are protecting the few millionaires they have left (since the global financial meltdown a couple of years back), Ghana seems to be striking down one of her own. 

Having repeatedly stated his side in the matter, I expect that not only should he be given a fast, fair hearing, the people behind his troubles should also be brought to book. 

Causing any damage to Oscar's investments in Ghana at this crucial moment can never portend any good for the country; not even at a point where many neighboring countries (Nigeria in particular) are scrambling for him. Ghana cannot afford to let a bright shining star like Oscar Doe fall from its skies.

Recently, Oscar has revealed that the new headquarters of his luxury Limousine company is about to be completed in Lagos, Nigeria. Isn't this a red signal for Ghana? 

It will be an evil thought for anyone in Ghana to wish for the downfall of a man like Oscar Yao Doe; an icon in the field of philantropy, support for education, the creative arts industry. The ever-smiling, ever-bubbly KingOscar, who always expresses his life ambition of puting smiles on the face of humans deserves to be kept happy always too. 

While not absolving him of wrongdoings in the ongoing matter, I believe Oscar Doe deserves the very best of treatment from Ghana. His invitation by the Special Investigation Team (SIT) over a purpoted threat-to-life allegation leveled against him by the Receiver for Unibank Ghana Limited, Nii Amanor Dodoo over the ongoing matter recently was a typical example of how not to treat a man who has done so much good for his land.

Let me round up this piece by going back to the Biblical quote I borrowed in the first paragraph. Is Oscar that 'Prophet' who is is not without honor except in his own country? 

-Aileru is a Senior Editor at Blue Synergy Media 

Pull Him Down Syndrome, Lack Of Education And Exposure Hurting Ghana Badly - Oscar Doe

In one of his recent public posts, Chairman of Doscar Group Holdings, Oscar Yao Doe has revealed how Lack of proper education and exposure, as well as a well-rooted 'Pull Him Down' culture have seen the fortunes of Ghana dwindling, thereby leaving the country's future bleak.

The versatile business tycoon said Ghana is truly sick at the moment and questioned whether the current leaders running the country are up to the task of turning things around for good. 

KingOscar cited the ongoing crisis rocking the financial sector of the country as a key instance, in his post. He once again hit out at the Governor of the Bank of Ghana (who he also alleged of covering up a 400k GHS Bribery Scandal) and the Minister of Finance, Ken Ofori-Atta, for their roles in the liquidation of some indigenous financial institutions and local companies in the country. 

Read the post below.. 

Ghana's 'Pull Him Down' Culture Debate: Some Religious Leaders Think It's Spiritual? Some Commentators Think It's  Lack Of Common Sense. Others Think It's Lack Of Love For Country. Most Think Ghanaians Themselves Like To See The Downfalls Of (Their Fellow) Ghanaians, (Just) To Validate Their Own Shortcomings.

I, HRH, The Most Colourful Oscar Yao Doe Believe (That) In Dealing With Ghanaians... The Main Problem Is Lack Of "Exposure" Because When People Aren not "Exposed", Little Things Can Cloud Their Minds.

Education & Exposure Are Not On The Same Level! You Can Get The Best Education Available On This Planet, (Masters & PhD Degrees) But They Cannot Be Matched With Exposure. 

Exposures Makes The Difference. It Gives You Self Confidence And Ability To Deal With Multiple People In Different Situations At Their Level Instantly. 

Exposures Gives You The Ability To Be Compassionate To People You're Not (Even) Related To (Like KINGOSCAR Style Does)

Exposure Gives You Understanding That Unless Many People Are Successful In Their Worlds  Around You, Happiness Cannot Be Found.

Exposure Can Protect Your Judgements, Makes You Avoid Acting Stupid (Especially)  When Empty-Headed People Come To You With All Kinds Of Made Up Stories Like The Deceiver, Nii Amanor Dodoo, Empty-Headed Dr. Ernest Addison Of BoG, And Minister Of Finance Misled The Akuffo Addo Administration. They Collectively Lied To Ghana Police With Blatant Lies. But Are Still Walking Free Without Being In Jail. Wow! Meanwhile, People Who Stole Chicken And Cats Are In Jail. Please Release All Those Petty Thieves From Jail And Give Them 10 Lashes Of Cane. We Shall Pay Their Obligations To The Owners Of The Crimes Victims. At Least,  It Makes Common Sense. 

Exposure Makes You Extremely Independent-Minded; No Space For Gossip, Because You're Looking At Actions That Can Affect The Coming Generations.

When You're Truly Exposed, Trust Me, You Don't See Religion Or Tribe For Considerations. You're Looking At The Future Together Along With Every Ghanaian. 

When People Aren't Exposed, They Become Envious And Jealous Of Small Breakthroughs. When People Are Not Exposed, They Struggle. They See Other People's Success As A Threat To Their Own Existence Like What The Baby Idiots Did To Ghanaian-Owned Businesses And Local Ghanaian Banks. They Deliberately Declined To Pay Ghana Government's Debts Obligations To The Local Banks During The Mahama Administration. Weird! They Used The Outdated 'Butcher Law' In The Revocation Of Banking Licenses And (Amen) Destroyed Many Ghanaian-Owned Businesses. 

Ghana Is Truly Sick; Full Of Weird-Minded Baby Idiots! They Think Zero For The Future. We Are Told Someone Received A Bribe OF 400K GHS At  BoG. If It's True And Validated, Take The Person To Police, Head Him To Prison And Let Justice Take Its Course. Who Cares? Jail The Person If You Have Proof Beyond Reasonable Doubt! But The Empty Headed Governor Of BoG Dr. Ernest Addison Says He Has Sacked Him. WHO Cares?

The Ghanaian Media Is Still Sleeping? Ghana Is In Trouble! Who Is In Charge Of Ghana At The Moment? Ghanaians (Only) Care About Those Smoking Cigarettes, Single Mother Status (Of Some People), Lack Of Job, Or The Imperfect Marriage Status (Of Others) That Is Their Focus In Gossiping. (It Is Time For) Ghanaians  To Focus On What Matters Most In Life, Including Actions, Not Big, Big English. The Truth. 

I Have No Regret Supporting Nana, But I Disagree With President For Failing To Rescue Ghanaian Businesses, Banks - Oscar Doe

The chairman of Doscar Group Holdings, Oscar Yao Doe, who has been hitting the economic team of President Akuffo-Addo as well as the leadership of the Bank of Ghana hard lately (for culpability in the collapse of some indigenous financial institutions and local companies), has said that he does not have any regret for supporting the president to power in 2016. He however reiterated that his support for the President's family would not stop him from voicing his opinion about the President's failure (through actions and decisions) to rescue locally-owned banks and other businesses that were in distress.

Read his post on the social media this morning below.. 

"I Have No Regret Supporting H.E Akuffo-Addo As Family. (But Here Are) The Reasons Why I Disagreed With His Actions, Decisions, And Failure To Rescue Ghanaian-Owned Businesses and Banks!

In 2017, It Became Obvious That The Bank of Ghana's Responsibilities to Supervise Banks Operating in Ghana Has Gone Into Sleeping Mode. But No Action Was Taken To Purge The Bank of Ghana Itself. The Situation Persisted Till UT Bank and Capital Bank Went Down. It Was Taken Over By GCB With The Government of Ghana Supporting The Process With Over 2 Billion GHS. 

I Thought The So Called Genius Brains at The Finance Ministry Will Put Ghana's Interest First By Initiating Immediate Action For A Stress Test For All The Banks And The Financial Sector (As A Whole) In Ghana, To Ascertain The True Picture of Their Financial Strength And Challenges Facing Them, So The Appropriate And The Best Option Could Be Recommended By The Finance Minister, Hon Ken Ofori-Atta.

At That Moment, The Government, Through Ken Ofori-Atta Was Reluctant to Release Money to Pay The Outstanding Debt Ghana Government Owed Contractors Who Owe Majority of The Local Banks Loan Portfolios. Ken Ofori-Atta And Co Deliberately Refused To Settle The Contractor's Debt, Or Pay Their Debts On Their Behalf Directly To The Local Banks.

The Situation Was Deteriorating Because Financial Markets Don't Like Panicking and Speculations.

At This Stage, They Saw The Vulnerability In The Local Banks To Sink, And Also Saw The Opportunity It (Could) Bring To Them Personally. 

So, Instead of Applying The US Model Or The European Commission Precedent to Save The Local Banks, And Then Put In Stringent Measures Afterwards (Including Government Appointing Their Preferred CEO'S To Lead Those Affected Banks Till They Pay Back Every Dime To Government Coffers), They Applied Vendetta And Ego, (Feeling Like) 'We Are Powerful Now, You're Now Powerless! 

They Used OUTDATED Laws to Destroye The Banks,Told The Owners To Go Empty-Handed To Die.

God Tested President @nakufoaddo That Crucial Moment to Show Leadership. (It Would Have Just Been A Case Of) "Forgive Their Errors, They Are Ghanaians". IT WILL TAKE 20-40 YEARS TO CREATE SUCH BUSINESSES AGAIN" HE FAILED TO SHOW COMPASSION" WHY CATHEDRAL?