Founder of the defunct UT Bank, Prince Kofi Amoabeng, has voiced his disappointment over the actions of former President Nana Addo Dankwa Akufo-Addo and former Finance Minister Ken Ofori-Atta following the collapse of his bank.
Speaking on The Point of View with Bernard Avle on Channel One TV, Amoabeng revealed that despite his longstanding relationship with both men, he received no assistance during the financial sector clean-up that led to his bank’s downfall.
“I knew him [Akufo-Addo], he had been to my house in Kukurantumi before and all that. So these were not people I didn’t know.
“I knew the former President. The former Minister of Finance also knew about the problems. As for him, I talked to him like a brother and all that. Because he had been there before, at a point, he had all sorts of cases, and I had to give him a loan,” he recounted.
Amoabeng lamented that when he sought clarity on why UT Bank’s accounts were frozen, Ofori-Atta redirected him to his Personal Assistant, a move he found disheartening.
“That is why I went to him again to say fine, maybe it was a genuine decision you have taken, but what about the other companies you have frozen accounts? And he said I should speak to his Personal Assistant. So it weakened everything that we built.”
Expressing his frustration, he stated that true friends do not abandon each other in tough times, especially when decisions negatively impact their businesses.
“If you are my friend and I have to make a decision that goes against you, I will call you to see what we can do for you to come back.
“But not just immediately nail your other companies and everything and then refuse to see me. At some point, I said it was that bad and I said well, I had to take care of myself.”
