Mr. John Dramani Mahama, leader and flagbearer of the opposition National Democratic Congress (NDC) has revealed to establish a Financial Services Authority when given the nod in December polls.
According to him, the Financial Services Authority will be responsible for ensuring that consumer financial markets work for consumers, providers, and the economy as a whole.
The former president said this when he officially unveiled his running mate, Prof. Jane Naana Opoku Agyemang in Accra.
He added that the Authority will oversee all financial products and services that are offered to consumers, and will effectively and efficiently prevent and stop the challenges that have confronted customers of Menzgold, DKM among others.
“We will restore Ghanaian indigenous investment in the banking and financial sector through a tiered banking structure to restore viable credit sources for Ghanaian SMEs. We will make amends for those whose businesses were collapsed due to political victimization.”
The NDC leader added that they will send all contractors with valid contracts who have been sitting at home for 4 years without being paid for legitimate work done for the government back to the site.
“We will make immediate arrangements to pay them their hard-earned monies deliberately withheld by the Nana Addo administration due to politics.”
Source: Mybrytfmonline/Kofi Atakora
