Pastor Mensa Otabil Speaks On Capital Bank Issue
ICGC founder and board chairman of the defunct Capital Bank Dr. Mensa
Otabil has open up on his duties at the bank explaining that he had a
“non-executive role”.
He however explained in a statement Tuesday that decisions were made at the bank with the best of intentions.
“My position was a non-executive role. I was therefore not involved in the day-to-day management and operations of the Bank”.
Below are details of the statement by Dr. Otabil
Greetings!
1. I have
observed with concern, the ongoing media discussions
regarding
developments in the Banking Sector and my role either directly or
indirectly.
2. I accepted to
be Board Chairman of Capital Bank in a bid to help
strengthen a
promising Ghanaian enterprise that had potential but also
challenges. I was
excited about the prospects of a young man from a
disadvantaged
background who was daring to create opportunities and
employment.
3. My position
was a non-executive role. I was therefore not involved in the
day-to-day
management and operations of the Bank.
4. In the course
of time, some decisions made turned out well while some
did not turn out
as well as had been anticipated. As far as I can tell,
everything was
done with the best of intentions and the interest of various
stakeholders in
mind.
5. My foremost
concern, as has been the case over the past year, is for the
well-being of
those who lost their jobs and those who may have been
adversely
affected in any way as a result of these developments. My heart
goes out to them
and to their dependents. I continue to pray for God’s
guidance and
sustenance as they navigate the course of their lives.
6. Since the
takeover of the bank exactly a year ago today, various
mandated state
institutions have been investigating and working to arrive at
a comprehensive
understanding of what happened, why it happened and
who was
responsible for what. I have been invited by EOCO and I have
submitted myself
to their processes and answered all their questions
faithfully.
7. For some time
now, many discussion platforms have made varied
references to me
and to my perceived role. Some have reached out to me
for clarifications
regarding issues that have been raised. I have preferred
not to respond in
the public domain, not as an admission of guilt, but out of
respect for the
due process and the ongoing investigations.
8.
Notwithstanding some unforeseen outcomes, I remain resolute in my
belief in the
Ghanaian and African entrepreneurial spirit. I will therefore
continue to lend
my support and mentorship to inspire others who dare to
dream and work
towards the promise of Africa’s growth and transformation.
9. Meanwhile, as
a believer in the rule of law, I will continue to cooperate
with the mandated
institutions of state as they complete their investigations.
I am confident
that in the process, the national interest and the rights of all
parties involved
will be protected.
Shalom, peace and
life to you.
Signed,
Pastor Mensa
Otabil.
14th August,
2018.
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