Fidelity Bank Ghana has denied claims by NDC MP for Bolgatanga Central, Isaac Adongo’s that it is in close door discussion with government to take over Consolidated Bank Ghana (CBG).
In a statement from Fidelity bank read “We wish to state in no uncertain terms that Hon. Adongo’s statements are not only despicable and irresponsible but false, defamatory and constitute tortious interference with our business and as such actionable under the laws of Ghana.
“For the avoidance of doubt, the Government of Ghana has never spoken/written to, discussed and/or made an offer to Fidelity Bank on any matter touching and concerning the sale of CBG. The imputation of unethical and criminal conduct regarding contractors and GAT as alleged by Hon. Adongo is a non-sequitur and denied outright.”
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The bank added that “In the era of fake news, we are still shocked at the audacity of the maker of these allegations to propagate such falsehood and keep a straight face!”
Read the full press statement below:
FOR PUBLICATION ON 3RD MARCH 2020
PUBLIC NOTICE
Our attention has been drawn to some false statements made by Hon. Isaac Adongo at a lecture organised by the Coalition for Restoration and broadcast on multiple media platforms on February 27, 2020. The Ghana Web publication appears under the heading:
“Adongo exposes NPP over the alleged plot to sell CBG to Fidelity Bank.”
The false statements state among others that:
1. That the NPP government was engaged in a shady move to sell the Consolidated Bank of Ghana (CBG) to Fidelity Bank.
2. That Fidelity Bank is being used as the “best architect for fraudulent activities of the government” particularly in a scheme to defraud contractors of billions of cedis.
3. That a transaction involving the arrangement of a facility of Ghs3billion was fraught
with illegality and was only a ‘gimmick’ to circumvent the law.
4. That while the owners of CBG were in court fighting to recover their assets, Fidelity Bank was conniving with the Government of Ghana to take over the same assets.
We wish to state in no uncertain terms that Hon. Adongo’s statements are not only despicable and irresponsible but false, defamatory and constitute tortious interference with our business and as such actionable under the laws of Ghana.
For the avoidance of doubt, the Government of Ghana has never spoken/written to, discussed and/or made an offer to Fidelity Bank on any matter touching and concerning the sale of CBG. The imputation of unethical and criminal conduct regarding contractors and GAT as alleged by Hon. Adongo is a non-sequitur and denied outright.
In the era of fake news, we are still shocked at the audacity of the maker of these allegations to propagate such falsehood and keep a straight face!
We have since written to the offending perpetrator to do the needful by retracting and making a public apology. Failing that we have instructed our lawyers to visit him with the wrath of the law.
FIDELITY BANK GHANA LIMITED
