Prince Kofi Amoabeng, the businessman who set up defunct UT Bank, has broken his silence, saying he has been compelled to speak because the facts leading to the collapse of the CCompany are being misrepresented. He said he maintained his silence for a number of reasons, including the fact that the Economic and Organized Crime Organization EOCO continues to investigate the circumstances leading to the collapse Kofi Job Company Limited UT Bank.

He later floated shares and subsequently listed on the Ghana Stock Exchange GSELimiteed all these resources, as well as bailout from the Bank of Ghana BoG went down the drain, leaving the bank heavily insolvent due to governance issues.

In truth, my heart bleeds as I struggle to come to terms with the fact that the organization we toiled so hard to build over 20 years ceases to exist. Gyebi, after paying off in full to the bank, expressed interest in purchasing my personal residence at Roman Ridge in Accra, which I had put up for sale. I wonder then how my decision not to disclose payment of monies into my personal account for the purchase of my personal residence constitutes a misdeed as suggested Rl Jordan Oil Company several news reports.

However, in our quest to support Ghanaian businesses and individuals, the company had challenges, and the Central Bank intervened. The situation has, for instance, led to difficulties in the servicing of payments due investors. Mr Amoabeng came under public scrutiny over the role Jobb might have played in the total collapse of the bank. Amoabeng is now saying that Kofi Job Company Limited did nothing wrong Kofi Job Company Limited the transaction.

For instance, Mr. The report further said Mr. UT Boss Speaks Out! Prince Kofi Amoabeng Prince Kofi Amoabeng, the businessman who set up defunct UT Bank, has broken his silence, saying he has been compelled to speak because the facts leading to the collapse of the bank are being misrepresented.

UT Holdings The report further said Mr. Share this article:.

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