Oscar Doe Questions Sincerity Of Akufo-Addo Govt Over New $600m Bauxite Deal Money After Lavishing 21b GHS On Failed Banking Reform

Chairman of Doscar Group Holdings, HRH Oscar Yao Doe has queried the sincerity of the Prez Nana Akufo-Addo-led administration over the $600m funds recently released for the Bauxite deal Ghana government had with the Chinese government. Having failed in rescuing a lot of Ghanaian-owned banks and other financial institutions, after spending over 21 billion GHS on a controversial reform process, the businessman said there could not be any justification for the money just released by the Chinese. He cited past experience as reason for his conclusions in his post this afternoon. 

Read his post below... 

In 2007/08, The US Government Initiated A Move, Through The US Congress (Parliament) To Bailout Their Banks And Saved Them From Collapse. The European Commission Followed Suit Immediately And Also Created New Laws To Pave Way To Bailout Their Banks. According To Recent Data, All The Bailout Funds Have Been Paid Back To The Respective Governments By The Banks. 

But In Ghana, Hon. Ken Ofori-Atta (Mr. Know It All), the Bank Of Ghana, Led By Ernest Addison (Mr. Zero Reasoning), SEC; Led By Remote  Control, (And) Unfortunately, Under The Leadership Of President Akufo-Add, (Who Holds Degrees In Promise) Wasted Ghanaian Tax Payers' Money (Over 21 Billion Ghana Cedis Based On Data Available At The Moment) To Destroy The Financial Sector In Ghana , (Rather Than) Saving These Marquee Businesses Owned By Ghanaians.

Now, We Are Told They Have Received 600 Million Dollars Advance Payment Out Of The 2 Billion US Dollars They Borrow  From The Chinese Government To Destroy Atiwa Forest. (Ghana's Bauxite Was Used As Barter For That Transaction).

Has Ghana Been Cursed? Or (Is It Just That) We Lack Larger-Than-Life Leaders? Or (Because) Our Leaders Are Masters Of Self-Enrichment Skills?

Ken Ofori-Atta Went to Yale University to Learn Wickedness, His Actions Haunting Prez Akuffo-Addo -HRH Oscar Doe

-Says 'Support For Nana Is Getting Softer Everyday

As the countdown to the next elections are drawing near, City Bizman, HRH Oscar Yao Doe has said that support for President Nana Akuffo-Addo is getting softer every day, no thanks to the handwork of some key men in his administration who did irreparable damage to the soul of Ghana's economy. He also said that lamentations from some key members of the ruling NPP over the consequences of the actions of these key government officials on the president's chances in the elections, may have been coming a little too late. KingOscar even threatened that most of Prez Akuffo-Addo's bankrollers may campaign against him at the polls because of his supposed laziness in checking the excesses of some government officials, his cousins and their advisors.

He was reacting, in his post this morning, to a report that quoted outspoken Member of Parliament for Assin Central, Hon. Kennedy Ohene Agyapong firing the Bank of Ghana Governor, Ernest Addison for not taking into account the interest of the ruling New Patriotic Party  (NPP) in his line of work at the Central Bank and yet expects ‘others’ to campaign to win 2020 for him to continue in office.

He was reacting to news of procurement irregularities in the selection of Bank of Ghana receivers, saying the receivers were handpicked, instead of a competitive bidding process which would have ensured that the country got value for money and catering for NPP interest.

As he had usually done recently, HRH fired the minister of finance, Ken Ofori-Atta and Governor of the Bank of Ghana, Dr Ernest Addison in his post for their roles in the banking industry saga. He said Ofori-Atta is a genius whl went to Yale University to 'learn wickedness'. And this wickedness, may cost President Akuffo-Addo's  campaign in the election, he said. 

Read his full post below... 

Seems This Message Is Too Late Coming! The Empty-Headed, Governor' Revocation' Ernest Addison And Hon. Ken 'Wicked Genius' Ofori-Attah Has Already Done Irreparable Damage To The Soul Of Ghana's Economy. Hurting Many Families. 

They Have Unfairly Destroyed Many Ghanaian-Owned Businesses Without Any Common Sense Justification.

The Wicked Ken Ofori-Atta Went To Yale University To Learn Wickedness. And Empty-Headed Addison Obtained PhD For Zero Reasoning. Our Support For President Akuffo-'I Don't Care-Addo Is Getting Softer Everyday! 

Who Knows Its Even Likely Most Of His Own Bankrollers,  Including Myself And Supporters May Even Campaign Against Him? Which I Think Will Be In Order, Based  On The President's Laziness To Care, And The Attitude Of His Cousins, Government Officials And Cousins' Advisors.

'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.

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.

Evil-Minded People Using Machinery Of Government To Destroy Businesses Of Well-To-Do Ghanaians - Oscar Doe

-Bizman Hits Nii Dodoo, BoG Gov, Finance Minister, Ken Ofori-Atta Again

Oscar Yao Doe has yet again lashed out Nii Amanor Dodoo and Co, over their involvement in the recent collapse of Unibank and other locally owned financial institutions in Ghana. The businessman again reinforced his accusation against Nii Amanor Dodoo, Governor of Bank of Ghana, Dr Ernest Addison and the Minister of Finance, Ken Ofori-Atta in a fresh public post this morning, where he accused certain evil-minded people of using state machinery to destroy the businesses of some well-to-do Ghanaians. 

He however questioned the motives of these men behind the act, capable of throwing the country's economy into jeopardy. 

Read the post below.. 

When I Discovered That Some Dark, Evil-Minded People Are Using Machinery Of Government To Destroy Many Well-To-Do Ghanaians' Businesses, Especially Owners of Banks (And Others) In The Financial Sector, With A Banking Scandal Created By (Some) Baby Idiots, I Became Curious And Asked Why?

Because, If You Destroy Ghanaian Businesses, If You"WEAKEN" them And You Think Everyone Will Shut Their Mouth And Also You Think It Has Made You Become Powerful, (Then) BUILD A CATHEDRAL! GHANA CANNOT GO BEYOND Aid! This is a 1960s & 70's Mindset. It Cannot Stand The"Test of Time". THE Truth! 

We Deserve A Ghana (Where) Everyone is Taking Along, (Where) Everyone is Pulled Up With Aspirations For Their Dreams, (The Oscar Style) (We Don't Need A Ghana Where) Businesses Are Killed With State Institutions, (Using) OUTDATED LAWS. STOP IT! 

Why Dr Ernest Addison Is An Empty-Headed Governor (For BoG) . It's Simple: I  Wrote 2 Letters To Bank of Ghana To Settle My Own Account Reconciliation, It Took Them Six Months To Write Me A Nonsense, Empty-Headed Response.

Why The Courts In Ghana Are Finding it Difficult To Trust Nii Amanor Dodoo.. It's Simple! NII AMANOR DODOO Lied To The Police On Records. Nobody Can Trust  Amanor. Mr Dodoo And The Truth Are Enemies: See Clear Example In Pictures Above; AN Undertaking Amanor Drafted, (That) He Couldn't Even Honor. And I Honoured My Part Instantly.

(And This Is) Why Nii Amanor & Dr Addison Are Confused... They Destroyed Local Banks On 20-03-2018. When Unibank Was Ill And Needed Cooperation to Pay The Moneys Government Contractors Owed Them. Instead, BOG Sent A Dishonest Butcher, NII AMANOR DODOO To Kill (The Bank) In AUGUST 2018.

Laughable (Enough), Yesterday, Nii Amanor Dodoo Claimed Through The News Media That He Has Turned Himself Into A Ghost of Unibank, And That He Is Taking Unibank Owners to Court. Meanwhile He Forgotten Himself Was The Lead Butcher With Criminal Intent To KILLED UNIBANK.

The Court May Ask Which Unibank Are You Talking About? Is It The Unibank That People Ganged Up Against To Destroy? Or Perhaps A New Unibank Has Been Formed With The Following Shareholders; Nii Amanor Dodoo, Ken Ofori-Atta, Ernest Addison & Co?

Are  We Sure These Guys Have Ghana's Interests At Heart? Big NO! Without Any Doubt In My Mind. Time Will Tell! THE Truth!