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Banking

Video: Lawyer calls out BoG for banking crisis

A Private Legal Practitioner has added her voice to the assertion that the Bank of Ghana cannot be absolved of blame following the collapse of seven indigenous banks.

Speaking at a forum organised by the Danquah Institute to discuss the banking crisis, Clara Kasser-Tee noted that the regulator (BoG) itself needs some scrutiny to put them on its toes.

“This is a regulated industry…in this particular case the main regulator being the BoG. So while resolving this, what I want to see is the steps within the BoG,” she said.

If the BoG was doing its work well, we wouldn’t arrived at where we are,” she added.

Watch her full presentation at the programme:

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DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.