As far as my searching has gone, there exists no coherent entry on what the Flagstaff House is in Ghana. Even wikipedia has no entry on it--except the one in Hong Kong, which bears the same name.
Suffice-to-say, it was supposed to be the seat of government, as prescribed by the our first President Osagyefo Dr.Kwame Nkrumah. However, off-late, it has been the subject of controversy, because Stanbic Bank--the very bank that wants to take over the shares of Ghana's only Agricultural Development Bank is now providing a loan for the re-construction of Flagstaff House. All this against much criticism from the minority National Democratic Congress in Parliament.
Now, please follow this logic:
1. Stanbic Bank wants to buy off Ghana's Agricultural Development Bank (responsible for providing micro-financing for farmers in the country)
2. Against the backdrop and furore against the purchase by Stanbic, it decides...
3. to provide a loan for the re-construction of Ghana's seat of government
Do I smell
desperation
by Stanbic to profit from Ghana here?Certainly, not in my name, thankyou!!
5 comments:
It is very difficult for me to understand all of this politics. I like your photos though.
Abraham Lincoln
Brookville Daily Photo
Hi Emmanuel!
You have very interesting and wonderful place and posts!
Greetings from Poland!
Hi Abraham, long time!! Sorry!! I did go a bit overboard, didn't I?;-) Many thanks!!
KRYSTYNA--Greetings from Ghana! Many thx for visiting!!
emmanuel,
Oh yeah...I'm pretty sure that smell is corruption.
No doubt that loan was in reality a down payment for the controlling shares of the Agri bank.
Third World Politricks is all fun and games I tell you! :-/
ann--spot on!!!
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