Business News of Wednesday, 5 February 2020Source: classfmonline.com'Shut up' – Adongo to CBG bossIsaac Adongo, Member of Parliament for Bolga CentralThe Member of Parliament for Bolga Central, Isaac Adongo, has told the Managing Director of the Consolidated Bank Ghana (CBG) to keep quiet on the bank’s performance because, in his view, CBG is an illegal entity. He said any investor who acquires it will be acquiring a huge political risk. But in a tweet, Mr Adongo said: “Did I hear the CEO of CBG say they’ve gone past the turbulence? CBG is a heap of illegal combination of people’s sweat doing brokerage for the government’s debt instruments. Total assets of the bank went up from GHS7.5 billion in 2018 to GHS8.3 billion in 2019, representing growth of 11 percent.

Source: GhanaWeb February 05, 2020 14:37 UTC