Home »  Ndoum Demands Repayment of GH₵7.1 Billion and Restoration of Banking License

 Ndoum Demands Repayment of GH₵7.1 Billion and Restoration of Banking License

Ndoum Seeks Government Repayment and License Restoration

by Motoni Olodun

Dr. Papa Kwesi Ndoum, founder of GN Bank, is calling on the Ghanaian government to repay GH₵7.1 billion owed to his financial institution and restore its banking license. Ndoum’s demand comes amidst ongoing legal battles and financial challenges faced by the bank since its license was revoked in 2019.

GN Bank, once a prominent player in Ghana’s banking sector, had its license withdrawn as part of a broader effort by the Bank of Ghana to clean up the financial industry. The central bank cited insolvency and non-compliance with regulatory requirements as reasons for the revocation. Ndoum, however, contends that the government owes his bank a substantial amount, which if repaid, would restore the bank’s solvency and allow it to resume operations.

The businessman and politician argues that the government’s failure to settle the debt has unfairly impacted his bank and its stakeholders. He claims that the non-payment has exacerbated the financial difficulties faced by GN Bank, affecting employees, customers, and the broader financial ecosystem in Ghana.

Ndoum has taken his case to the courts, seeking legal redress and a resolution to the financial impasse. He is optimistic that a favorable court ruling will compel the government to honor its obligations, thereby enabling GN Bank to regain its footing in the market. The restoration of the banking license, Ndoum believes, is crucial for reinstating confidence among the bank’s customers and investors.

The financial sector in Ghana has undergone significant reforms in recent years, with the central bank aiming to enhance stability and protect depositors’ funds. While these reforms have been praised for addressing systemic risks, they have also led to the closure of several financial institutions, sparking debates about regulatory fairness and the impact on local businesses.

Stakeholders in the financial industry are closely watching the outcome of Ndoum’s legal challenge. The case highlights the tensions between regulatory enforcement and the need to support local enterprises. A resolution in favor of Ndoum could set a precedent for similar cases and influence future regulatory policies.

Despite the challenges, Ndoum remains hopeful that justice will prevail and that GN Bank will be able to resume its role in Ghana’s financial landscape. He emphasizes the importance of trust and accountability in the banking sector, advocating for a fair and transparent resolution to the ongoing dispute.

Source: GhanaWeb

You may also like

10 comments

Posido Casino App December 20, 2025 - 11:23 pm

Das Sortiment an Spielautomaten kann sich durchaus sehen lassen und bietet eine Menge Abwechslung.
Nachdem du deinen Willkommensbonus genutzt hast, kannst du außerdem jede Woche
beim Kundensupport einen Live Cashback Bonus anfordern. Im Posido Casino
Test haben wir einen solchen Willkommensbonus auch gefunden, allerdings gibt es dabei einen Unterschied.
Die Spiele stehen dabei ebenso im Fokus und du kannst direkt mit
den Kategorien einen besseren Überblick erhalten. Solltest
du dann auffälliges Spielverhalten feststellen, kannst du jedoch beim Kundenservice einen Selbstausschluss beantragen. Hierbei handelt es sich um einen seriösen Betreiber, der sich etabliert hat und weitere Plattformen wie das Spinit Casino, Wazamba Casino, Frumzi Casino und viele mehr
anbietet.
Wir empfehlen, verantwortungsbewusst zu spielen und sich der möglichen Konsequenzen bewusst zu sein. Die posido casino app ist
für iOS und Android verfügbar. Die posido casino auszahlung
ist so flexibel, dass du sicher das Passende findest.
Viele Casinos bieten sowas nicht an, aber hier hast du die Möglichkeit, schnell und anonym zu spielen. Das sorgt für diese extra Portion Casino-Atmosphäre, die dir das Gefühl gibt,
nicht allein zu spielen.

Reply
Casino Mobile App downloaden December 21, 2025 - 12:12 pm

Boom casino bitcoin casino no deposit bonus code casino jokers steyr Der
Bau verschiedener integrierter Casino-Resorts an strategischen Standorten im Land erscheine dabei als eine der besten Langzeitlösungen. Mit Glücksspiel
aus der Corona-KriseDer Minister erklärt, dass die Tourismusbranche Brasiliens, genau
wie die vieler anderer Länder, im Rahmen der Corona-Krise starke wirtschaftliche Schäden erlitten habe.

Präsident Bolsonaro hatte sich dem Glücksspiel gegenüber
zuletzt deutlich positiver gezeigt als in der Vergangenheit.
Das brasilianische Ministerium für Tourismus fordert eine
möglichst baldige Legalisierung des landbasierten Glücksspielsektors.

Gerade das Casino Wien, das im Palais Esterhàzy zu finden ist, bietet ein Glücksspiel Erlebnis
der besonderen Art. Außerdem können Sie an 8 Terminals mit einem automatischen Druckluft Roulettekessel spielen. Im ersten Stock fühlen Sie
sich beim Roulette, Blackjack und weiteren Kartenspielen wie in einem britischen Club.
Seit 1976 sind die Casinos Austria auch im Bereich ausländischer Casinos und seit 1981 auf dem Gebiet
internationaler Schiffscasinos als Know-how-Geber tätig (1991 Beteiligung an Casinos auf 28 Luxuskreuzfahrtschiffen); 1981 wurde
das erste Casino im damaligen Ostblock unter Beteiligung der Casinos
Austria eröffnet (Budapest).

References:
https://online-spielhallen.de/verde-casino-50-freispiele-ohne-einzahlung-fakten/

Reply
online poker strategy December 26, 2025 - 7:02 pm

Welcome to the official home of Royal Reels Casino, Australia’s premier destination for world-class online gaming.

Top up fast with familiar options — Visa, Mastercard, PayID and
crypto — and cash out to PayID, bank transfer or crypto
once you’ve met any bonus requirements. Our games are independently tested and run on certified RNG
tech, with quick links to Responsible Gambling, RNG and Self-Exclusion information always
available in the footer.
Nice bonus when joining, withdrawals didn’t take forever, and the variety of slots
is pretty wild — there’s something new every time I log in.
Signed up to Royal Reels Casino a couple of months ago after seeing an ad online.
Customer support even helped me once late at night — quick and friendly.
I only play with what I can afford to lose, and
with that mindset, I’ve had some great fun.
I’m not under any illusion here — I know gambling isn’t a way
to make money.

References:
https://blackcoin.co/top-slots-the-ultimate-guide/

Reply
online gambling Australia December 26, 2025 - 11:45 pm

New online casinos UK are recently launched gambling
platforms licensed by the UK Gambling Commission. If you like
fresh design, quick lobbies, and early promos, new
online casinos are a good fit. If you like quick loading, tidy menus, and a lobby
that makes sense on a phone, brand new online casinos are built for that.
This list of new online casinos is updated for October 2025.

These are the best new Australian online casinos for 2025 with clean mobile lobbies,
AUD banking, and payout steps that make sense.
While some people like to stick to their pokies, sometimes mixing and matching different games together can be just what the doctor ordered!
Below, we have listed a small assortment of specific online pokies and all
kinds of online gambling Australia
types that you might want to try one of these days.
This is why it is smart to pounce on amazing new bonuses
whenever you see some of them available. However, it is worth noting that veteran casinos may also do this in order
to stay relevant. In the end, it is a good idea to carefully
consider both the pros and cons listed above before choosing
to play at a new casino. There is no denying that all of this contributes
to a positive gaming experience.
We make all this information available in an easy to digest
format in our individual view of each bonus. Whilst this is challenging, it’s not impossible to beat
on a good run and ultimately it’s money for old rope if you can achieve it.
Other types of terms you may want to watch out for are maximum
withdrawal limits (that can be a nasty surprise!) and limitations to the withdrawal of your
real cash funds which is generally a massive red flag.
Sometimes you’ll just see the word “Bonus”, in most cases you can expect
that it’s dependent on a deposit. When we say “Free Spins” we mean spins allocated to you without needing
to make a deposit. To try a game for free, simply click one of the icons below and then get spinning.

Reply
Best Royal Panda bonuses 2026 December 27, 2025 - 7:00 am

In March 2015, the bank announced its intention to move its UK retail banking headquarters from
London to Birmingham (One Centenary Square) in 2018 as part of the programme
of ring-fencing overseen by the Prudential Regulation Authority.
The outlets offered a range of financial services, including
an exclusive credit card and savings account. In 2009, the bank closed its outlets in Morrisons supermarkets which had traded under the Your bank at Morrisons brand following the end of an agreement between the two businesses.

The range now includes a bank account, home insurance policy (takaful), and home finance.
The bank maintains a network of 327 branches throughout England
and Wales, with a much smaller presence in Scotland and Northern Ireland where local banks tend to dominate.

This helps make your payments more secure and reduces the potential for fraud.
This lets you review, sign and submit documents digitally via Business Internet Banking, with no need for time-consuming paperwork.
Managing your cards from your device is quick and
easy, giving you greater peace of mind when issues arise.

We’ve made applying for products and managing your account easier
and more convenient using e-signature. Watch this short step-by-step video which will show you how
to reset your password on desktop, app, and via the online form.

No need for a physical security device anymore; it’s all on your
mobile with the HSBC UK Business Banking app.

References:
https://blackcoin.co/areas-to-enjoy-responsible-exciting-and-safe-online-gambling/

Reply
Wild Casino bonus December 27, 2025 - 11:35 am

We assist with bill resolution options, including insurance negotiations, and payment plans, often reducing charges.
Patient Financial Services advocates for patients, guiding them through the financial process after a flight.
FlyPHI is a mobile and web-based application that supports PHI Air Medical partners by electronically requesting a helicopter.
We safely transport more than 22,500 patients each year, operating out of
more than 82 bases across the United States. And
unlike others in the industry, we have our own fleet so we can guarantee a quality medical flight and exceptional
care across the board. Visit our online patient and family center for all the resources and assistance you need to get you through this tough
time.
Rivaling patient care in some of the finest hospitals,
AirMed air ambulances are equipped for virtually every critical
care scenario. AirMed offers unparalleled medical care and bedside-to-bedside transportation on a worldwide basis and boasts the
most experienced air medical crews in the industry. AirMed International is the leading air
ambulance and medical transport company in the United States,
with 25,000 total missions and counting. There are a lot of misperceptions about the
cost of air medical transport. Air Methods has a talented workforce of over
4,500 team members, which includes the best in the air
medical industry.
We partner with our EMS and hospitals to solve the
challenges of patient logistics and save lives. Flight crews, consisting
of a pilot, flight nurse and flight paramedic, are on duty seven days a week to respond to the scene of
an emergency, or provide transportation between medical facilities.
Approximately 84 percent of Air Evac’s patient transports originate from a rural area as defined by the Centers for Medicare
& Medicaid Services.

References:
https://blackcoin.co/betway-login-my-account-in-south-africa-2025-step-by-step-opening-guide/

Reply
realhire.co December 28, 2025 - 8:30 pm

online poker real money paypal

References:
realhire.co

Reply
findjobs.my December 28, 2025 - 8:31 pm

online casino accepts paypal us

References:
findjobs.my

Reply
duct.co.kr December 29, 2025 - 10:48 am Reply

Leave a Comment

Social Media Auto Publish Powered By : XYZScripts.com