The Minority Leader in Parliament, Hon. Osei Kyei Mensah Bonsu, has stated emphatically that funds used by Fortiz to purchase Merchant Bank were made available to them by the Bank of Ghana from the second Tier Pension fund. “If the … Read more →
When Jamaican reggae legend Peter Tosh admonished in one of his much-loved hit songs that “If you live in a glasshouse, don’t throw stones,” the world acclaimed musician might have foresaw circumstances such as the ‘tsunami’ that is about to … Read more →
The Majority Chief Whip, Mr. Muntaka Mohammed has described the the Minority in Parliament’s decision to pursue investigations into the controversial sale of Merchant Bank to Fortiz Private Equity Fund as cruel.“It is not because we don’t want investigations to … Read more →
When a battle gets tough, all soldiers look up to their General to think up ways of subduing the enemy. The controversy surrounding the sale of Merchant Bank to Fortiz Equity, has invoked series of unclear explanations on the media … Read more →
The Speaker of Parliament, Edward Doe Adjaho has thrown out a motion filed by 80 Minority Members of Parliament demanding an investigation into the controversial sale of Merchant Bank to Equity fund, Fortiz. The Speaker said Parliament cannot be seen to … Read more →
It is official; Fortiz Private Equity Fund is now the legal and registered owner of 90 per cent shares of Merchant Bank, the bank has announced. A statement signed by Clementia Djameh, Head of Corporate Affairs, Merchant Bank Ghana Ltd, … Read more →