NPP GERMANY

PRESS RELEASE

04—08—2025

Criminals Left Off The Hook In UniBank Collapse Deal As NDC Hypocrisy Rears Its Ugly Head—NPP GERMANY

Ghanaians are no strangers to political duplicity. But few acts of hypocrisy reek as foully as the Mahama-led NDC government’s quiet and cowardly move to whitewash one of the biggest corporate financial crimes in our recent history.

The proposed GH¢2 billion “settlement” deal with directors of the defunct uniBank—who owe the state GH¢3.3 billion—is not just a slap in the face of justice; it is a calculated political betrayal that reeks of selective accountability and elite impunity.

Let us be clear: this is the same NDC that, in opposition, launched an unrelenting campaign against the Akufo-Addo administration’s banking sector clean-up.

Day after day, they painted the regulatory interventions as “wicked,” “politically motivated,” and “destructive to local businesses.”

They shed crocodile tears for Dr. Kwabena Duffuor and other failed bank owners, portraying them as innocent victims of a heartless government agenda.

But now, the truth is naked and inescapable: when faced with the opportunity to prove their so-called fidelity to justice and fairness, the NDC has turned around to strike a deal with the very people they claimed had done no wrong.

What kind of justice is this? A GH¢2 billion offer to offset a GH¢3.3 billion debt—while facing criminal charges—is not restitution; it’s a bailout for cronies.

This move makes a mockery of the rule of law and undermines every single Ghanaian who pays taxes, saves in the banks, and hopes that those who steal from the public purse will be held accountable.

It is deeply disturbing that the Attorney General, Dr. Dominic Ayine, who once wore the robe of legal probity, is now fronting a deal that essentially lets politically-connected white-collar criminals off the hook.

Where is the justice for depositors whose lives were wrecked by the reckless management and alleged misappropriation of depositor funds by uniBank and other failed institutions?

The stench of this deal is unbearable not only because of its moral failure but because of what it tells us: there is no political will in the current NDC government to fight corruption, especially when their own big names are involved.
Let us remember the facts.

The banking clean-up, as painful and controversial as it was, unearthed extensive mismanagement, insider dealings, uncollateralized loans, and regulatory breaches that justified regulatory intervention.

If directors of collapsed banks—uniBank included—truly believed they were innocent, why offer any settlement at all?
The answer is obvious: the evidence was damning. They know it.

The previous Attorney General knew it. And the courts were in the process of determining the outcomes. But the Mahama government doesn’t want the courts to speak.

They want to cut deals behind closed doors—deals that reek of favouritism, political patronage, and above all, contempt for the justice system.

This entire episode raises a fundamental and troubling question: Is justice in Ghana now negotiable for the rich, the powerful, and the politically connected?

If so, then the ordinary Ghanaian should brace for a future where crimes are not punished, but bargained away—where state capture is normalized and corruption institutionalized.

Ghanaians deserve better. We deserve leaders who will not excuse criminal conduct because the accused is a political heavyweight.

We deserve a government that does not dismantle judicial accountability for political convenience.

The Mahama administration has shown its hand—and it is one of duplicity, dishonesty, and utter disregard for fairness.

The uniBank settlement is not a gesture of reconciliation; it is a betrayal. It is political hypocrisy at its peak—and the people of Ghana must never forget this.

Let justice roll down like waters—not like dirty backroom deals.

NoDealsForTheCorrupt

JusticeForGhanaians

ExposeTheHypocrisy

God Bless Our Homeland Ghana!!!

Long Live Ghana, long live the Elephant Party!!!!

Kukruduuuu Eeeessshiii!!!

Signed:

Nana Osei Boateng

NPP GERMANY

Communications Director