{"id":1555,"date":"2019-08-19T12:52:30","date_gmt":"2019-08-19T12:52:30","guid":{"rendered":"https:\/\/www.africa-press.com\/ghana\/?p=1555"},"modified":"2019-08-19T12:52:30","modified_gmt":"2019-08-19T12:52:30","slug":"bank-of-ghana-is-cleaning-jobs-and-indigenous-entrepreneurship-ablakwa-chastises-samuel-okudzeto-ablakwa","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/ghana\/all-news\/bank-of-ghana-is-cleaning-jobs-and-indigenous-entrepreneurship-ablakwa-chastises-samuel-okudzeto-ablakwa","title":{"rendered":"Bank of Ghana is cleaning jobs and indigenous entrepreneurship- Ablakwa chastises Samuel Okudzeto Ablakwa"},"content":{"rendered":"<p><strong>National Democratic Congress (NDC) Member of Parliament (MP) for North Tongu Constituency, Samuel Okudzeto Ablakwa has criticized the Bank of Ghana\u2019s approach of cleaning up the financial sector.<\/strong><\/p>\n<p>The vocal legislator chastised the Bank of Ghana (BoG) for not having \u201cfactored humane social mitigating principles\u201d in its approach to cleaning the financial sector.<\/p>\n<p>He asserted that: \u201cThe public policy option that authorities are pursuing in the much touted financial sector clean-up does not appear to me to have factored humane social mitigating principles. Therefore, in the process; the clean-up is cleaning up jobs, cleaning up indigenous entrepreneurship and cleaning up every confidence in the Ghanaian financial and banking sector.<\/p>\n<p>Mr Ablakwa also questioned the BOG\u2019s apparent inaction in terms of supervision \u201cbesides, why do we allow the BoG apparently abdicate all this while only to show up suddenly with a sledge hammer? He wondered.<\/p>\n<p>His comments follows Bank of Ghana\u2019s revocation of licences of eight finance houses and fifteen savings and loans companies last Friday.<\/p>\n<p>These actions according to the Central Bank were taken pursuant to Section 123 (1) of the Banks and Specialised Deposit-Taking Institutions Act, 2016 (Act 930), which requires the Bank of Ghana to revoke the licence of a Bank or Specialised Deposit-Taking Institution (SDI) where the Bank of Ghana determines that the institution is insolvent.\u00a0 The Bank of Ghana has also appointed Mr. Eric Nipah as a Receiver for the specified institutions in line with section 123 (2) of Act 930.<\/p>\n<p>The revocation of the licences of these institutions has become necessary because they are insolvent even after a reasonable period within which the Bank of Ghana has engaged with them in the hope that they would be recapitalized by their shareholders to return them to solvency.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>National Democratic Congress (NDC) Member of Parliament (MP) for North Tongu Constituency, Samuel Okudzeto Ablakwa has criticized the Bank of Ghana\u2019s approach of cleaning up the financial sector. The vocal legislator chastised the Bank of Ghana (BoG) for not having \u201cfactored humane social mitigating principles\u201d in its approach to cleaning the financial sector. He asserted [&hellip;]<\/p>\n","protected":false},"author":66,"featured_media":1556,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,3,5,7],"tags":[939,876,938],"class_list":["post-1555","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-community","category-economy","category-head-lines","tag-bank-of-ghana-bog","tag-national-democratic-congress-ndc","tag-samuel-okudzeto-ablakwa"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Bank of Ghana is cleaning jobs and indigenous entrepreneurship- Ablakwa chastises Samuel Okudzeto Ablakwa - Ghana<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/ghana\/all-news\/bank-of-ghana-is-cleaning-jobs-and-indigenous-entrepreneurship-ablakwa-chastises-samuel-okudzeto-ablakwa\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bank of Ghana is cleaning jobs and indigenous entrepreneurship- Ablakwa chastises Samuel Okudzeto Ablakwa\" \/>\n<meta property=\"og:description\" content=\"National Democratic Congress (NDC) Member of Parliament (MP) for North Tongu Constituency, Samuel Okudzeto Ablakwa has criticized the Bank of Ghana\u2019s approach of cleaning up the financial sector. The vocal legislator chastised the Bank of Ghana (BoG) for not having \u201cfactored humane social mitigating principles\u201d in its approach to cleaning the financial sector. He asserted [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/ghana\/all-news\/bank-of-ghana-is-cleaning-jobs-and-indigenous-entrepreneurship-ablakwa-chastises-samuel-okudzeto-ablakwa\" \/>\n<meta property=\"og:site_name\" content=\"Ghana\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2019-08-19T12:52:30+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/ghana\/2019\/08\/okudzeto-ablakwa.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"598\" \/>\n\t<meta property=\"og:image:height\" content=\"399\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"francis\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"francis\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/bank-of-ghana-is-cleaning-jobs-and-indigenous-entrepreneurship-ablakwa-chastises-samuel-okudzeto-ablakwa#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/bank-of-ghana-is-cleaning-jobs-and-indigenous-entrepreneurship-ablakwa-chastises-samuel-okudzeto-ablakwa\"},\"author\":{\"name\":\"francis\",\"@id\":\"https:\/\/www.africa-press.net\/ghana\/#\/schema\/person\/3687592f7713dc6c826cf5bbd0e55bca\"},\"headline\":\"Bank of Ghana is cleaning jobs and indigenous entrepreneurship- Ablakwa chastises Samuel Okudzeto Ablakwa\",\"datePublished\":\"2019-08-19T12:52:30+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/bank-of-ghana-is-cleaning-jobs-and-indigenous-entrepreneurship-ablakwa-chastises-samuel-okudzeto-ablakwa\"},\"wordCount\":301,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/bank-of-ghana-is-cleaning-jobs-and-indigenous-entrepreneurship-ablakwa-chastises-samuel-okudzeto-ablakwa#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/ghana\/2019\/08\/okudzeto-ablakwa.jpg\",\"keywords\":[\"Bank of Ghana (BoG)\",\"National Democratic Congress (NDC)\",\"Samuel Okudzeto Ablakwa\"],\"articleSection\":[\"all news\",\"community\",\"Economy\",\"head lines\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/ghana\/all-news\/bank-of-ghana-is-cleaning-jobs-and-indigenous-entrepreneurship-ablakwa-chastises-samuel-okudzeto-ablakwa#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/bank-of-ghana-is-cleaning-jobs-and-indigenous-entrepreneurship-ablakwa-chastises-samuel-okudzeto-ablakwa\",\"url\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/bank-of-ghana-is-cleaning-jobs-and-indigenous-entrepreneurship-ablakwa-chastises-samuel-okudzeto-ablakwa\",\"name\":\"Bank of Ghana is cleaning jobs and indigenous entrepreneurship- Ablakwa chastises Samuel Okudzeto Ablakwa - Ghana\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/ghana\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/bank-of-ghana-is-cleaning-jobs-and-indigenous-entrepreneurship-ablakwa-chastises-samuel-okudzeto-ablakwa#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/bank-of-ghana-is-cleaning-jobs-and-indigenous-entrepreneurship-ablakwa-chastises-samuel-okudzeto-ablakwa#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/ghana\/2019\/08\/okudzeto-ablakwa.jpg\",\"datePublished\":\"2019-08-19T12:52:30+00:00\",\"author\":{\"@id\":\"https:\/\/www.africa-press.net\/ghana\/#\/schema\/person\/3687592f7713dc6c826cf5bbd0e55bca\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/bank-of-ghana-is-cleaning-jobs-and-indigenous-entrepreneurship-ablakwa-chastises-samuel-okudzeto-ablakwa#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.africa-press.net\/ghana\/all-news\/bank-of-ghana-is-cleaning-jobs-and-indigenous-entrepreneurship-ablakwa-chastises-samuel-okudzeto-ablakwa\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/bank-of-ghana-is-cleaning-jobs-and-indigenous-entrepreneurship-ablakwa-chastises-samuel-okudzeto-ablakwa#primaryimage\",\"url\":\"https:\/\/static.africa-press.net\/ghana\/2019\/08\/okudzeto-ablakwa.jpg\",\"contentUrl\":\"https:\/\/static.africa-press.net\/ghana\/2019\/08\/okudzeto-ablakwa.jpg\",\"width\":598,\"height\":399},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/bank-of-ghana-is-cleaning-jobs-and-indigenous-entrepreneurship-ablakwa-chastises-samuel-okudzeto-ablakwa#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.africa-press.net\/ghana\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Bank of Ghana is cleaning jobs and indigenous entrepreneurship- Ablakwa chastises Samuel Okudzeto Ablakwa\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.africa-press.net\/ghana\/#website\",\"url\":\"https:\/\/www.africa-press.net\/ghana\/\",\"name\":\"Ghana\",\"description\":\"Just another Africa News Agency Sites site\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.africa-press.net\/ghana\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.africa-press.net\/ghana\/#\/schema\/person\/3687592f7713dc6c826cf5bbd0e55bca\",\"name\":\"francis\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.africa-press.net\/ghana\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/5825247c72c50a92c8cca0f4e845964479ca0e217d1e4efbfa9286794b27e7b7?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/5825247c72c50a92c8cca0f4e845964479ca0e217d1e4efbfa9286794b27e7b7?s=96&d=mm&r=g\",\"caption\":\"francis\"}}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Bank of Ghana is cleaning jobs and indigenous entrepreneurship- Ablakwa chastises Samuel Okudzeto Ablakwa - Ghana","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.africa-press.net\/ghana\/all-news\/bank-of-ghana-is-cleaning-jobs-and-indigenous-entrepreneurship-ablakwa-chastises-samuel-okudzeto-ablakwa","og_locale":"en_US","og_type":"article","og_title":"Bank of Ghana is cleaning jobs and indigenous entrepreneurship- Ablakwa chastises Samuel Okudzeto Ablakwa","og_description":"National Democratic Congress (NDC) Member of Parliament (MP) for North Tongu Constituency, Samuel Okudzeto Ablakwa has criticized the Bank of Ghana\u2019s approach of cleaning up the financial sector. The vocal legislator chastised the Bank of Ghana (BoG) for not having \u201cfactored humane social mitigating principles\u201d in its approach to cleaning the financial sector. He asserted [&hellip;]","og_url":"https:\/\/www.africa-press.net\/ghana\/all-news\/bank-of-ghana-is-cleaning-jobs-and-indigenous-entrepreneurship-ablakwa-chastises-samuel-okudzeto-ablakwa","og_site_name":"Ghana","article_publisher":"https:\/\/www.facebook.com\/AfricaPressTunisiaa","article_published_time":"2019-08-19T12:52:30+00:00","og_image":[{"width":598,"height":399,"url":"https:\/\/static.africa-press.net\/ghana\/2019\/08\/okudzeto-ablakwa.jpg","type":"image\/jpeg"}],"author":"francis","twitter_card":"summary_large_image","twitter_misc":{"Written by":"francis","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.africa-press.net\/ghana\/all-news\/bank-of-ghana-is-cleaning-jobs-and-indigenous-entrepreneurship-ablakwa-chastises-samuel-okudzeto-ablakwa#article","isPartOf":{"@id":"https:\/\/www.africa-press.net\/ghana\/all-news\/bank-of-ghana-is-cleaning-jobs-and-indigenous-entrepreneurship-ablakwa-chastises-samuel-okudzeto-ablakwa"},"author":{"name":"francis","@id":"https:\/\/www.africa-press.net\/ghana\/#\/schema\/person\/3687592f7713dc6c826cf5bbd0e55bca"},"headline":"Bank of Ghana is cleaning jobs and indigenous entrepreneurship- Ablakwa chastises Samuel Okudzeto Ablakwa","datePublished":"2019-08-19T12:52:30+00:00","mainEntityOfPage":{"@id":"https:\/\/www.africa-press.net\/ghana\/all-news\/bank-of-ghana-is-cleaning-jobs-and-indigenous-entrepreneurship-ablakwa-chastises-samuel-okudzeto-ablakwa"},"wordCount":301,"commentCount":0,"image":{"@id":"https:\/\/www.africa-press.net\/ghana\/all-news\/bank-of-ghana-is-cleaning-jobs-and-indigenous-entrepreneurship-ablakwa-chastises-samuel-okudzeto-ablakwa#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/ghana\/2019\/08\/okudzeto-ablakwa.jpg","keywords":["Bank of Ghana (BoG)","National Democratic Congress (NDC)","Samuel Okudzeto Ablakwa"],"articleSection":["all news","community","Economy","head lines"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.africa-press.net\/ghana\/all-news\/bank-of-ghana-is-cleaning-jobs-and-indigenous-entrepreneurship-ablakwa-chastises-samuel-okudzeto-ablakwa#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.africa-press.net\/ghana\/all-news\/bank-of-ghana-is-cleaning-jobs-and-indigenous-entrepreneurship-ablakwa-chastises-samuel-okudzeto-ablakwa","url":"https:\/\/www.africa-press.net\/ghana\/all-news\/bank-of-ghana-is-cleaning-jobs-and-indigenous-entrepreneurship-ablakwa-chastises-samuel-okudzeto-ablakwa","name":"Bank of Ghana is cleaning jobs and indigenous entrepreneurship- Ablakwa chastises Samuel Okudzeto Ablakwa - Ghana","isPartOf":{"@id":"https:\/\/www.africa-press.net\/ghana\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.africa-press.net\/ghana\/all-news\/bank-of-ghana-is-cleaning-jobs-and-indigenous-entrepreneurship-ablakwa-chastises-samuel-okudzeto-ablakwa#primaryimage"},"image":{"@id":"https:\/\/www.africa-press.net\/ghana\/all-news\/bank-of-ghana-is-cleaning-jobs-and-indigenous-entrepreneurship-ablakwa-chastises-samuel-okudzeto-ablakwa#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/ghana\/2019\/08\/okudzeto-ablakwa.jpg","datePublished":"2019-08-19T12:52:30+00:00","author":{"@id":"https:\/\/www.africa-press.net\/ghana\/#\/schema\/person\/3687592f7713dc6c826cf5bbd0e55bca"},"breadcrumb":{"@id":"https:\/\/www.africa-press.net\/ghana\/all-news\/bank-of-ghana-is-cleaning-jobs-and-indigenous-entrepreneurship-ablakwa-chastises-samuel-okudzeto-ablakwa#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.africa-press.net\/ghana\/all-news\/bank-of-ghana-is-cleaning-jobs-and-indigenous-entrepreneurship-ablakwa-chastises-samuel-okudzeto-ablakwa"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.africa-press.net\/ghana\/all-news\/bank-of-ghana-is-cleaning-jobs-and-indigenous-entrepreneurship-ablakwa-chastises-samuel-okudzeto-ablakwa#primaryimage","url":"https:\/\/static.africa-press.net\/ghana\/2019\/08\/okudzeto-ablakwa.jpg","contentUrl":"https:\/\/static.africa-press.net\/ghana\/2019\/08\/okudzeto-ablakwa.jpg","width":598,"height":399},{"@type":"BreadcrumbList","@id":"https:\/\/www.africa-press.net\/ghana\/all-news\/bank-of-ghana-is-cleaning-jobs-and-indigenous-entrepreneurship-ablakwa-chastises-samuel-okudzeto-ablakwa#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.africa-press.net\/ghana\/"},{"@type":"ListItem","position":2,"name":"Bank of Ghana is cleaning jobs and indigenous entrepreneurship- Ablakwa chastises Samuel Okudzeto Ablakwa"}]},{"@type":"WebSite","@id":"https:\/\/www.africa-press.net\/ghana\/#website","url":"https:\/\/www.africa-press.net\/ghana\/","name":"Ghana","description":"Just another Africa News Agency Sites site","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.africa-press.net\/ghana\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.africa-press.net\/ghana\/#\/schema\/person\/3687592f7713dc6c826cf5bbd0e55bca","name":"francis","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.africa-press.net\/ghana\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/5825247c72c50a92c8cca0f4e845964479ca0e217d1e4efbfa9286794b27e7b7?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/5825247c72c50a92c8cca0f4e845964479ca0e217d1e4efbfa9286794b27e7b7?s=96&d=mm&r=g","caption":"francis"}}]}},"_links":{"self":[{"href":"https:\/\/www.africa-press.net\/ghana\/wp-json\/wp\/v2\/posts\/1555","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.africa-press.net\/ghana\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.africa-press.net\/ghana\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/ghana\/wp-json\/wp\/v2\/users\/66"}],"replies":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/ghana\/wp-json\/wp\/v2\/comments?post=1555"}],"version-history":[{"count":0,"href":"https:\/\/www.africa-press.net\/ghana\/wp-json\/wp\/v2\/posts\/1555\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/ghana\/wp-json\/wp\/v2\/media\/1556"}],"wp:attachment":[{"href":"https:\/\/www.africa-press.net\/ghana\/wp-json\/wp\/v2\/media?parent=1555"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.africa-press.net\/ghana\/wp-json\/wp\/v2\/categories?post=1555"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.africa-press.net\/ghana\/wp-json\/wp\/v2\/tags?post=1555"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}