Over 18,000 Ghanaians dead due to banking sector cleanup – ASEPA
The Executive Director of policy think tank, Alliance for Social Equity and Public Accountability (ASEPA), Mr Mensah Thompson, has said over 18,000 Ghanaians have died of hardships due to the banking sector cleanup by the Akufo-Addo-led government.
“18,000 workers of the affected cleanup exercise have died. 6,500 orphans are currently struggling to fend for themselves in the unbridled cleanup exercise sanctioned by the Akufo-Addo-led government. Many have been evicted from their homes and the sick are unable to access their cash to access healthcare,” Mr Thompson stated at a press conference.
Giving the breakdown, Mr Thompson said 4,500 direct and 2,000 indirect jobs were lost from the revocation of 16 bank licences.
He noted that an additional 4,000 direct and 3,800 indirect jobs were lost after the revocation of the licences of 23 Savings and Loan companies nationwide.
He was quick to add that 9,000 of the affected workers were currently homeless.
ASEPA said the data was collected from previous customers of these collapsed banks and financial institutions and previous employees and agents of the financial institutions
ASEPA’s study comes following renewed agitations by customers and staff of the collapsed financial institutions for the payment of their locked-up funds and severance packages, respectively.
Trending News
World Press Freedom Day: There must be sustainability, support for media outlets in Ghana – PRINPAG
09:12Ghana ready to partner with Saudi Arabia for energy security — Napo
08:472024 polls: Bawumia begins nationwide campaign today without a running-mate
06:05Gallup Report: Ghana ranks 4th for workplace stress in sub-saharan Africa
07:47I’m 100% certain lithovit submitted to me for testing at CRIG is liquid – CRIG's lead scientist
07:31Bawumia hailed for religious diversity after visit to Pope Francis
05:41Recall parliament so gov't discharges obligations - Majority Caucus to Parliament
10:59'It's a disgrace for Akufo-Addo gov't' – Aduomi on vote-buying at Ejisu by-election
15:11‘You can never be the one to choose your successor’ – Mahama tells Akufo-Addo, 'It's God who crowns kings'
03:19Off-duty Policemen fatally shot: Police launch manhunt for gunmen
22:29