\n
The Minority in Parliament has rejected the appointment of Mr. Tweneboah Kodua Fokuo, the NPP Parliamentary Candidate for Manso Nkwanta, as the new Managing Director for the National Investment Bank (NIB).<\/p>\n
The appointment, according to the Minority, raises serious concerns about the politicisation of State-Owned Enterprises and undermines public trust in the government\u2019s ability to manage national resources effectively.<\/p>\n
They argue that the appointment reflects a lack of integrity and suggests that the government and the Bank of Ghana have no desire to resuscitate the ailing bank.<\/p>\n
\u201cThe National Investment Bank is distressed and on life support. It is in dire need of a management team with the requisite skills and competencies to engineer and manage a recovery programme of a medium-term nature,\u201d said Dr. Kwabena Donkor, the Ranking Member of the Committee on Employment, Social Welfare and State-Owned Enterprises.<\/p>\n
He added that \u201cTo appoint a Parliamentary Candidate six months into an election beggar\u2019s belief.\u201d<\/p>\n
He, therefore, called on the President Akufo Addo-Bawumia government to reconsider this appointment and prioritise the integrity and business sustainability of the NIB.<\/p>\n
\u201cWe urge the President Akufo Addo\/Dr Bawumia government to reconsider this appointment and prioritise the integrity and business sustainability of the National Investment Bank. The appointment of a Parliamentary Candidate to a key banking position like this undermines public trust and confidence in the government\u2019s ability to manage our national resources effectively.\u201d<\/p>\n
\u201cWe demand the reversal of this appointment and a more transparent and impartial selection process that prioritises merit, competence and meritocracy over political affiliation.\u201d<\/p>\n
\u00a0<\/p>\n\n
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Minority protests appointment of NPP Parliamentary Candidate as NIB MD - 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\/2024\/05\/13\/minority-protests-appointment-of-npp-parliamentary-candidate-as-nib-md\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Minority protests appointment of NPP Parliamentary Candidate as NIB MD - Ghanamma.com\" \/>\n<meta property=\"og:description\" content=\"The Minority in Parliament has rejected the appointment of Mr. Tweneboah Kodua Fokuo, the NPP Parliamentary Candidate for Manso Nkwanta, as the new Managing Director for the National Investment Bank (NIB). 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