Afia Schwarzenegger drags Mensa Otabil for involving in ‘shady’ deals leading to Capital Bank collapse
TV Presenter Afia Schwarzenegger has dragged founder of International Central Gospel Church (I.C.G.C) , Mensa Otabil for his alleged involvement in shady deals which led to the collapse of Capital Bank. After the news broke, members of ICGC came out declaring that they’re solidly behind Otabil and that he’s a man of integrity. Well, Afia…
TV Presenter Afia Schwarzenegger has dragged founder of International Central Gospel Church (I.C.G.C) , Mensa Otabil for his alleged involvement in shady deals which led to the collapse of Capital Bank.
After the news broke, members of ICGC came out declaring that they’re solidly behind Otabil and that he’s a man of integrity.
Well, Afia cannot think far on this and has hence taken to Instagram expressing her displeasure on how some Christians like ICGC members read the Bible but do not practice it.
Below is her message:
“Good day ICGC
Before I talk about ur pastor,the man that watches animal kingdom yet preaches to human beings I will show you my achievements..
I was able to put up an orphanage together with my friends whiles I was living in a single hotel room with my kids and I didn’t collect seed neither did I take 610 taxpayers money
Before I talk about u,let me show u my achievements,I was able to feed extra mouths plus my kids with less than 6,000 ghs salary 2015 without tricking people to sow any 24 hr miracle seed whiles you Pastor Mensah Otabil couldn’t sow $5000 to save your bank!
Imagine if this 610 saga was a political saga…you would have given sermons pt 1-7 about how immoral politicians are…
I chose not to comment abt all these But yo be honest flyers like these just make everything annoying
Massa,I stand with the poor Ghanaians that can’t have people doing savage post for them even though their money is said to be with you!
They can’t show you their achievements cos they have conscience, won’t bully people in the name of God to enrich themselves…they can’t show you their achievements cos obviously they can’t steal, they can’t show achievements cos they can’t lie in the name of God
I beg let’s think wai…Mtcheeewwwww I stand with God forgive you all …Read your bible well and practice WHAT YOU PREACH!!!”
Background
It has been alleged that the spiritual leader of the International Central Gospel Church (ICGC), Dr Mensah Otabil was a party in dealings that lead to the defunct Capital Bank collapsing.
Investigations revealed how the management of now-defunct Capital Bank used liquidity support given by the Bank of Ghana as capital to secure a license for another collapsed bank, Sovereign Bank.
The report cites an emergency board and Executive Committee meeting on October 13, 2015, which notes concern with the manner in which the Ghc 610 million liquidity support to the struggling bank was being used.
The monies were moved by a member of the Board, Ato Essien into companies believed to be owned by him and others.
The rest of the money was used to set up the Sovereign Bank.
The report also indicated that Dr. Mensa Otabil may have been party to the misuse of liquidity support given the bank by the Bank of Ghana.
Among the flagged transactions were GHc 27.5 million used for business promotion and handled by a board member; transfers to IFS amounting to GHc 23.9 million, transfers to Nordea Capital amounting to GHc 65 million, and transfers to Alltime Capital amounting to GHc 130 million.
Concerning Alltime Capital, the report noted that “Mr. Ato Essien stated that the placement of GHc 130m with Alltime Capital was strategic and funds would be paid back by March 2016.”
Dr. Otabil also assured management that he would ensure the funds were returned by March 2016.
We will keep you updated on developments.
