Ghana Government Denies Sale of International Bank Shares

Government denies sale of Ghana International Bank shares after Kofi Bentil raises alarm

The Government of Ghana has denied reports that the central bank plans to sell Ghana's country’s stake in the London-based Ghana International Bank (GHIB), following public concerns raised by IMANI Africa Vice President Kofi Bentil. The controversy began last week after reports emerged that GHIB's board had asked its Chief Executive Officer to step down without publicly stating the reasons for the decision.

By Isaac Yeboah