Dr. Papa Kwesi Nduom, Global President of Groupe Nduom, has reiterated that the state owes him over GHC7.1 billion, including interest. Speaking at a press briefing in Accra, Dr. Nduom stated, “According to our calculations, we are owed more than GHC7.1 billion, including interest… They know they owe, though they may dispute the interest.”
Dr. Nduom also announced plans to temporarily pause his “Bring Back GN Bank” campaign in September to embark on a nationwide tour of the 300 branches of the defunct bank. This tour follows a previous visit to the bank’s branches in the Northern region and aims to rally support from petitioners advocating for the restoration of GN Bank’s license, which was revoked in 2019.
He plans to resume the campaign in November after a period of strategic planning and reflection. The Bank of Ghana (BoG) recently defended its 2019 decision to revoke GN Bank’s license, citing significant regulatory breaches and concerns over the bank’s operational stability.
