{"id":344812,"date":"2017-08-14T14:55:16","date_gmt":"2017-08-14T14:55:16","guid":{"rendered":"http:\/\/citifmonline.com\/?p=344812"},"modified":"2017-08-14T14:55:16","modified_gmt":"2017-08-14T14:55:16","slug":"bog-governors-address-on-ut-capital-bank-collapse-audio","status":"publish","type":"post","link":"https:\/\/citifmonline.com\/2017\/08\/bog-governors-address-on-ut-capital-bank-collapse-audio\/","title":{"rendered":"BoG governor’s address on UT, Capital Bank collapse [Audio]"},"content":{"rendered":"

The Governor of the Bank of Ghana, Dr. Ernest Addison addressed a press conference updating the public on the collapse of UT Bank and Capital Bank and the subsequent takeover of the two banks by GCB Bank.<\/p>\n

Among other things, he noted that the BoG was going to probe the insolvency and sanction persons whose actions may have led to the collapse\u00a0of the two banks.<\/p>\n

Dr. Addison also stressed to customers of the two banks that their investments were safe and that no depositor will lose his or her funds.<\/p>\n