The Ghana Scandals Index

Indexing government scandals one at a time

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Finance minister-designate pays NPP’s GHC2million debt to Prudential Bank

Minister-designate for Finance, Kenneth Nana Yaw Ofori-Atta, says he has settled the controversial GHC2 million debt owed Prudential Bank Limited by the New Patriotic Party.

The bank in 2015 wrote to the NPP to demand repayment of the amount which the party had secured as a loan to fund its 2012 campaign but after three years had not paid. The GHC 2,290,631.36 million loan was obtained to support the operations of the party’s polling station agents during the 2012 general elections.

Jan. 20, 2017