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BoG lied; no 70 offices shut down, no top bosses sacked – GN

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BoG lied; no 70 offices shut down, no top bosses sacked – GN

Groupe Nduom, the parent company of GN Savings and Loans, whose licence was revoked recently by the Bank of Ghana, has described as false, assertions by the central bank that it has shut down some offices and sacked top management staff.

Explaining why GN Savings and Loans had its licence revoked, BoG stated: “GN has suspended operations in seventy (70) of its branches including the Head office branch at Asylum Down and Castle Road branch, and temporarily suspended its entire management team without the approval of the Bank of Ghana contrary to section 25 (2) of the Banks and Specialised Deposit-Taking Institutions Act, 2016 (Act 930), mainly as a result of its insolvency and liquidity challenges”.

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However, the group replied in an emphatic press statement signed by its Corporate Affairs Manager, Frank Owusu-Ofori, on Wednesday, 21 August 2019, that: “GN Savings has not sacked its top management staff. As of Friday afternoon, that team was still at post. The BoG as a regulator must not make important decisions based on hearsay. We challenge BoG to produce the said termination letters. The Chairman of the Board of Directors in a letter written to BSD promised to deliver a new organization structure befitting the status of a Savings and loans company”.

It added: “GN Savings has not closed 70 offices. Rather, the company wrote several weeks ago to BSD for approval to temporarily suspend operations in a number of offices to reduce cost during the business revival period. BSD has till today not responded to this request”.

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GN Savings and Loans said it has come up with new ideas that have caused its business to begin a sustained revival with thousands of customers making new deposits and enjoying unrestricted withdrawals and questioned why the BoG would revoke the licence of such a company.

Meanwhile, GN has stated that the only option left for the savings and loans company in seeking redress is to head to the court since dialogue with the regulator has not yielded much result.

“It appears that our only option is to pursue this case in the court of law – negotiating with the Bank of Ghana in good faith has yielded less than desirable results,” the statement noted.

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Source: classfmonline.com

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Entertainment

Model Goes Completely Blind After Tattooing Her Eyes

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A popular model in Poland stands the risk of losing both eyes after tattooing her eyeballs.

The model known as Aleksandra Sadwoska who lives in the city of Wroclaw in Western Poland engaged the services of a tattooist to dye her eyeballs black so she can have her eyes looking the same as rapper Popek according to online reports.

After the tattoo session, it was reported that Aleksandra complained of pains in her eyes but the tattooist advised her to take some painkillers and she will be alright as the pains is a normal reaction after the procedure is done.

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The pains got severe which made her visit a doctor and was told her right eye is damaged beyond fixing and could possibly lose the left eye which is partially blind.

The Polish tattoo artist, Piotr A, has been arrested is now facing three years in prison for unintentionally severely disabling the woman. He has pleaded not guilty.

During the subsequent investigation, it was discovered that the tattooist had made serious mistakes in the process, including using body ink for tattooing skin, which should not come into contact with the eye.

The woman’s lawyers told local media: ‘There is clear evidence that the tattoo artist did not know how to perform such a delicate procedure. And yet he decided to perform it which led to this tragedy.’

Aleksandra also said: ‘Unfortunately, for now doctors do not give me much optimism for improvement. The damage is too deep and extensive. I’m afraid I will be completely blind.’

She added: ‘I will not lock myself in the basement and get depressed. I have sadness behind me, but I live on.’

Source: ENewsGhana.com

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”I Can’t Find My Bra Size To Buy” – Actress Reveals

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Fast-rising Nigerian actress, Ujunwa Mandy Obi has claimed that she cannot find an appropriate bra that can contain her huge boobs. Uju made this interesting revelation when she had an interaction with Tontrends News recently.

“Getting my size of bra from the market is sometimes very tough too. My endowment isn’t the biggest, they just normal, yet I can’t actually get my size in any bra shop.

Aside from that, I don’t think I have any challenges managing my size. I love the way they are. Nothing to change. If I have my way, I’ll even add to my bum bum. I am not greedy.”

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Away from her body parts, Uju also recounted how stubborn she was while growing up, reason why her parents tried to prevent her from joining the movie industry.

She said: “My parents were not fully in support of going me into acting. In fact, they didn’t even know when I started acting. I am a stubborn child. But I have calmed down small though.”

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”I Don’t Believe In Falling In Love” – Nadia Buari

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Multiple award-winning Ghanaian screen goddess, Nadia Buai has shared her thoughts on love and relationship.

Nadia Buari has stated that she does not believe in falling in love rather, growing in love.

According to the beautiful mother of three, love was instituted by God therefore it is the source of everything even in a relationship.

Below was her opinion as shared on Instagram;

“I don’t believe in falling in love..I believe in growing in love. In reality, we all already have love… We were equipped with love since creation of the world.

Love is something that has to be developed and sharpened with focus and determination, and a full understanding that God is the only source of our love. But know it is ur choice in what u invest your love in.”

Taking to her Instagram page, the light-skinned actress cautioned fans against the people they invest their love in.

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See the screenshot below;

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