Is Ken Ofori-Atta using GAT scam to take over NIB, ADB, others through Franklin Templeton? MyJoyOnline.com [Video]

Since assuming office in 2017, our Finance Minister,Mr Ken Ofori-Atta, has used various schemes and strategies to enrich and empower his financial empire and impoverish other companies seen as his competitors or not aligned to his party, the New Patriotic Party. It started with the granting of juicy state contracts to his firm, Databank at the expense of qualified competitors. Now, he has extended it to state institutions, using dubious arrangements that baffle every well-meaning Ghanaian. 

The latest is the Ghana Amalgamated Trust Limited (GAT). In the next few days, the plan to take over our national banking assets such as NIB and ADB and a significant stake in three other banks namely Prudential Bank, Omni/Sahel Bank and Universal Merchant Bank (UMB)will start unfolding. Before I get into the details, let me be upfront here that GAT is a complete scam, dubious arrangementand national tragedy knitted together by persons pretending …