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The Majority Chief Whip Frank Annoh-Dompreh has told the Minority to stop politicizing issues relating to the challenges facing the National Investment Bank (NIB).
He asked them to investigate the issues and gather the facts before commenting.
Minority’s press conference
The Minority had urged the government to embark on a considerable restructuring of the alleged ailing National Investment Bank (NIB).
This, in their view, would prevent the bank’s possible liquidation.
At a press conference, Mr Isaac Adongo, the Ranking on Parliament’s Finance Committee said “The government should just restructure the balance sheet of NIB to swap all the NIB debts that it owes the government and give the government equity but the government says it doesn’t have money to capitalise the bank but it has given 500 million bonds to NIB and it has given 800 million debt to NIB the two will give you 1.2 billion…commit to say that is your commitment to recapitalisation so we issue shares for you.”
But responding to him, Annoh-Domprehalso told journalists in Accra on Wednesday, the Majority Chief Whip, Frank Annoh-Dompreh, said, “What the government should be encouraged and urged to do is to help in the recapitalization but not to run down the bank. So, our colleagues in the Minority should stop this politicization of all matters, especially matters related to the financial sector.
“If they don’t have the facts, they should just be patient, investigate, and get the facts before they come out.”
Credit: 3news.com
