2018: Bank of Ghana revokes GN Bank's license; Dr. Kwesi Nduom urges reconsideration, citing new evidence of asset viability.
Dr Kwesi Nduom, owner of defunct GN Bank, urges Bank of Ghana Governor Dr Ernest Addison to reconsider the revocation of GN Bank's license and restore its assets due to insolvency, citing new evidence. He argues the assets are still viable and ready for operations. In 2018, BoG revoked licenses from several banks, including GN Bank, due to significant regulatory breaches and failure to meet financial standards.
June 24, 2024
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