
<p><strong>The founder of now-defunct UT Bank <a href="https://occupygh.com/video-of-former-ut-boss-kofi-amoabeng-being-seen-inebriated-and-unattended-sparks-controversy/amp">Prince Kofi Amoabeng</a> has finally opened up about how his bank was closed down by the current sitting government.</strong></p>



<p>In a <a href="https://occupygh.com/fans-react-when-abena-korkor-goes-n3kd-video/amp">new trending viral video</a>, an excerpt from a conversation he had on a recent podcast, Prince Kofi Amoabeng noted that the current government of Ghana used over ¢2 billion to close his bank when the bank was owing barely ¢800 million.</p>



<p>He also revealed that at that point his bank was employing over 2500 people.</p>



<figure class="wp-block-image size-full"><img src="https://cdn.occupygh.com/file/occupygh/2023/09/VcRTJsNk-UT-Bank.webp" alt="Prince Kofi Amoabeng" class="wp-image-185644"/><figcaption class="wp-element-caption"><em>UT Bank</em></figcaption></figure>



<p>According to Kofi Amoabeng, the government decided to close the brand although it recruited that much people.</p>



<p>“In any civilized institution, you don’t close brands that people have accepted, you bail them out.”</p>



<figure class="wp-block-image size-full"><img src="https://cdn.occupygh.com/file/occupygh/2023/09/nana-akufo-addo-booed-eastern-region.jpg" alt="Prince Kofi Amoabeng" class="wp-image-185645"/><figcaption class="wp-element-caption"><em>President Nana Akufo Addo</em></figcaption></figure>



<p>Check out the video below or visit <a href="https://occupygh.com/category/breaking-news">OccupyGh.com for more videos</a> &; Kindly <a href="https://www.youtube.com/c/occupyghtv">Subscribe to our YouTube channel</a> to see more viral, educative &; exclusive videos. ;</p>



<p><strong>What&#8217;s your thought on this piece, we welcome your views in the comment section below:</strong></p>



<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"><div class="wp-block-embed__wrapper">
<amp-twitter data-tweetid="1702673470218248523" layout="responsive" width="600" height="480"></amp-twitter>
</div></figure>
<p><strong>Source</strong>: <a href="http://OccupyGh.com">OccupyGh.com</a> </p><p class="has-text-align-center has-large-font-size"><a href="https://chat.whatsapp.com/JVGCtXdCoiKHCI3CXwMC5l" target="_blank" rel="noreferrer noopener">Tap To Join Our</a> WhatsApp Community</p> 

- Neil Blackson 2 years ago
Govt Used Over ¢2 billion To Close UT Bank, We Were Owing ¢800 Million – Prince Kofi Amoabeng
Recent Posts