Recognition sparks controversy amid legal issues
Databank is back in the spotlight after being officially listed by the Bank of Ghana as a recognised Bond Market Specialist. This designation, revealed in a memo sent to financial institutions nationwide, has generated a wave of discussion online.
Ken Ofori-Atta’s shadow looms
The buzz stems from the fact that Databank is owned by Ken Ofori-Atta, Ghana’s former Finance Minister. Ofori-Atta is currently facing several corruption-related charges and is wanted by the Special Prosecutor under the Mahama-led administration. Many Ghanaians have expressed concern over the credibility of the listing given the owner’s ongoing legal troubles.
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