A former employee of Mr Kofi Amoabeng’s, president of UT Group of companies, now hawks tiger nuts to make ends meet following the collapse of UT Bank, Mr Amoabeng has said.
Speaking in a recent interview on the KSM Show, Mr Amoabeng explained: “Last week, I went to the funeral of one of my managers who died and obviously died because of the pressure and things like that.
“I even met a staff of mine, not with the bank though, but because of the things that happened, who is now selling tiger nuts on the roadside; those things get to me.”
The Bank of Ghana (BoG) revoked the licence of UT Bank and Capital Bank in 2017.
A statement issued by the BoG at the time said: “The Bank of Ghana has approved a purchase and assumption transaction with GCB Bank Limited that transfers all deposits and selected assets of UT Bank Ltd and Capital Bank Ltd to GCB Bank Ltd”.
Source: classfmonline.com
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OOOH is arrogance and lavish living not respecting the God that bless you that led to the collapse of your business empire.
Such arrogant talk. The same was said about A1 CEO who sell bread. Is it not a work? If that person is a good manager he or she can turn it into lucrative business. Learn how to speak
The Tiger Nuts Sellers Association of Ghana (TiNuSAG)wish to register our protest at such statements which tend to demean of legitimate work.
Because they did not plan well same as you. Bad management!
Na who cause am? If you had been prudent in your management of that business, this wouldn’t have happened. Take the blame fully.
But what is wrong in selling tiger nut? Don't annoy us.
Selling tiger nut is a legitimate way of making a living. Not much money to be made, yet, better than doing something bad.