Ken Ofori-Atta ‘partly to blame’ for Unibank collapse – Embattled fmr Deputy BoG boss claims

The embattled former deputy Governor of the Central Bank says Unibank would not have collapsed if Finance Minister, Ken Ofori-Atta had acted on a piece of advice given him.

Dr Johnson Asiama claimed the Finance Minister was aware of the financial challenges the bank was facing but refused to take any action to reverse its misfortune.

“The Minister of Finance was actually invited to the Bank, based on my promptings to discuss these payments to UNIBANK, but he declined suggestions, on the grounds that UNIBANK had gotten enough support to thrive,” Dr Asiama revealed in a statement released over the weekend.

Finance Minister, Ken Ofori-Atta

He continued that: “Clearly, if at least part of these payments were done at the time, UNIBANK could have avoided the persistent daily clearing failures that eventually shut them out of the interbank money market.”  

Dr Asiama and two other persons, including the Founder of the now-defunct UniBank, Dr Kwabena Duffuor Senior and his son, Dr Kwabena Duffuor Junior are being investigated for various roles played in the collapse of the bank.

The three have maintained they are not to blame for the misfortune of the bank.

But Dr Asiama claims the bank would have been in business if the Finance Minister had heeded his advice.

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