A group calling itself Concerned Youth of Kwahu in the Eastern Region on Saturday morning to staged peaceful a peaceful march to petition the Kwahu Traditional Council, expressing dissatisfaction with Daasebre Akuamoah Agyapong II (Kwahumanhene), who has resigned as the Board Chairman of the Agricultural Development Bank (ADB) following allegations of fraud and extortion.
The group claims that Daasebre’s tenure at ADB has tainted the reputation of the Kwahu Kingdom due to misconduct allegations, including inducement and extortion, which led to his resignation.
Daasebre Akuamoah Agyapong II, resigned on Friday after being accused of extorting GHC 2,406,000.00 from a customer of ADB.
According to a letter from the Bank of Ghana, Daasebre’s continued role as Board Chairman had become “untenable due to the irreparable damage it had caused to the image of the bank.”
In the petition, signed by Mr. Ayim Benjamin, Acting Chairman of the group, and Etena Abusuapanin Kwabena Boateng of Abetifi/Kumasi, the Concerned Youth expressed disappointment over the damage caused to Kwahu’s reputation.
“We, the youth of Kwahu, with heavy hearts, express our utmost shock at the turn of events leading to the resignation of Daasebre Akuamoah Agyapong II as Board Chairman of ADB,” the petition reads.
The youth are demanding urgent action from the Kwahu Traditional Council to protect the dignity of Kwahu’s chieftaincy and restore the kingdom’s image. “We are respectfully requesting the Kwahu Hemaa and Kwahu Adontenhene to take decisive action to restore the sanctity of the Kingdom of Kwahu,” they stated.
The Concerned Youth gave the traditional leaders a seven-day ultimatum to address their concerns, warning that if no action is taken, they will explore other legal and traditional means to press home their demands.
The resignation of Daasebre follows a petition to the Presidency by Collins Darkwa Aboagye, CEO of Prabhat Trading Limited, who accused Daasebre of demanding GHC 50,000 and later GHC 2 million to facilitate the approval of a credit facility at ADB. The petitioner claims Daasebre has failed to repay the money despite repeated promises.
Aboagye alleged that after the approval of a GHC 12 million credit facility, Daasebre pressured him to pay GHC 2 million to the ADB account of GoodRide Enterprise. However, after months of delay, only USD$20,000 was returned, with no further communication from Daasebre.
The Bank of Ghana formally directed Daasebre Akuamoah Agyapong II to resign, citing the reputational damage his actions had caused the institution. The letter, signed by Osei Gyasi, Head of the Banking Supervision Department, invoked Section 103 (2)(d) of the Banks and Specialised Deposit-Taking Institutions Act, 2016 (Act 930).
Source:Mybrytfmonline.com/Obed Ansah
