A Priivate legal practitioner and member of the opposition National Democratic Congress (NDC), as well as an Aide to Ex-President John Mahama, Lawyer Edudzi Tamakloe has attributed the arrest of Kofi Amoabeng, Chief Executive Officer (CEO) of defunct UT Bank and the CEO of folded Beige Bank, Mike Nyinaku as an act of desperation by the Akufo-Addo led government to create a certain political narrative that the government is prosecuting founders of the defunct banks.