Nii
Kwartei Titus-Glover, Tema East Member of Parliament of the opposition
New Patriotic Party has thrown his weight behind the Executive Director
of the Centre for Freedom and Accuracy, Mr. Andrew Awuni, the initiator
of a law-suit against the sale of SSNIT's 90% stake in Merchant Bank to
Fortiz Private Equity Fund Limited.
Mr. Awuni, last week,
initiated legal action against the Bank of Ghana (BOG) over the sale of
Merchant Bank to Fortiz Private Equity Fund Limited. He described the
sale agreement as shrouded in secrecy and therefore sought for an
injunction to prevent the parties from taking further action to complete
the sale from the court of law.
But the Commercial Division of
the High court, presided by Mrs. Justice Sophia Rosetta Benasko Essah,
dismissed the law suit on Wednesday and ruled that he lacked the
capacity to challenge the deal.
However, Hon. Titus-Glover has
hinted that he will confer with his lawyers and ensure that the sale of
SSNIT's 90% stake is averted.
According to him, it is not in the
interest of SSNIT’s clients to dispose of its stake in the deal. He
therefore called on the nation to lead a crusade against the sale of the
Bank to Fortiz since, to him, the deal smacks of illegal practices.
He
further implored Chief Justice, Theodora Georgina Wood to "find a way
to speak to her Judges because they are not helping the cause of the
ordinary Ghanaian.” |
| |
|
|
|
|
No comments:
Post a Comment