'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 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".