{"id":692066,"date":"2019-08-26T14:11:24","date_gmt":"2019-08-26T14:11:24","guid":{"rendered":" <br><div data-io-article-url=\"https:\/\/www.adomonline.com\/ppp-guru-suspects-dirty-politics-in-closure-of-gn-savings-and-loans\/\">\n            <div class=\"td-post-featured-image\"><figure><img width=\"600\" height=\"400\" class=\"entry-thumb td-modal-image\" src=\""},"modified":"2019-08-26T14:11:24","modified_gmt":"2019-08-26T14:11:24","slug":"ppp-guru-suspects-dirty-politics-in-closure-of-gn-savings-and-loans","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2019\/08\/26\/ppp-guru-suspects-dirty-politics-in-closure-of-gn-savings-and-loans\/","title":{"rendered":"PPP guru suspects \u2018dirty\u2019 politics in closure of GN Savings and Loans"},"content":{"rendered":"<p><\/p>\n<div data-io-article-url=\"https:\/\/www.adomonline.com\/ppp-guru-suspects-dirty-politics-in-closure-of-gn-savings-and-loans\/\">\n<div class=\"td-post-featured-image\">\n<figure><img loading=\"lazy\" decoding=\"async\" width=\"600\" height=\"400\" class=\"entry-thumb td-modal-image\" src=\"https:\/\/ghanamma.com\/wp-content\/uploads\/2019\/08\/kwesi.png\"   alt=\"\" title=\"kwesi\"\/><figcaption class=\"wp-caption-text\">Dr Papa Kwesi Nduom, CEO, Groupe Nduom<\/figcaption><\/figure>\n<\/div>\n<p>Director of Operations of the Progressive People\u2019s Party (PPP), Nana Ofori Owusu, has said the closure of Groupe Nduom\u2019s GN Savings and Loans Limited by the Bank of Ghana was completely wrong.<\/p>\n<p>According to him, it was out of place to revoke the license of GN Savings and Loans when negotiations were still ongoing.<\/p>\n<p>\u201cIt is not right for the government to truncate a negotiation process that is still ongoing and then shut down our company,\u201d he added.<\/p>\n<p>In his opinion, the reasons given for the revocation were void.<\/p>\n<p>\u201cThe reasons being adduced cannot be valid because government owes us, ultimately, it owes the contractors we gave loans to,\u201d he revealed on <strong>Peace FM<\/strong>, monitored by<strong> Adomonline.com.<\/strong><\/p>\n<p>His comment follows the recent license revocation of 23 Savings and Loans Companies and Finance Houses. <\/p>\n<p>He said there could be an invisible political hand in all of these: \u201cI wonder if there is a political twist to the whole thing because of the statement made by the National Democratic Congress (NDC) General Secretary,\u201d he said.<\/p>\n<p>The NDC scribe earlier told<strong> Asempa FM <\/strong>that Dr Nduom\u2019s woes stemmed from the fact that he mixed business with politics.<\/p>\n<p>Source: Adomonline.com | Nancy Avevor<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Dr Papa Kwesi Nduom, CEO, Groupe Nduom Director of Operations of the Progressive People\u2019s Party (PPP), Nana Ofori Owusu, has said the closure of Groupe Nduom\u2019s GN Savings and Loans Limited by the Bank of Ghana was completely wrong. According to him, it was out of place to revoke the license of GN Savings and [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":684090,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"class_list":["post-692066","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>PPP guru suspects \u2018dirty\u2019 politics in closure of GN Savings and Loans - Ghanamma.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ghanamma.com\/2019\/08\/26\/ppp-guru-suspects-dirty-politics-in-closure-of-gn-savings-and-loans\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"PPP guru suspects \u2018dirty\u2019 politics in closure of GN Savings and Loans - Ghanamma.com\" \/>\n<meta name=\"twitter:description\" content=\"Dr Papa Kwesi Nduom, CEO, Groupe Nduom Director of Operations of the Progressive People\u2019s Party (PPP), Nana Ofori Owusu, has said the closure of Groupe Nduom\u2019s GN Savings and Loans Limited by the Bank of Ghana was completely wrong. 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