Young Ghanaian Billionaire who never seizes to unleash hidden secrets into the public domain, Ibrah One has subtly made another revelation on why Dr Kotei Dzani’s Ideal Finance Limited got shut down.
Ibrah One in a recent post made on social media tagged the experienced Micro and SME financing operator as arrogant and man full of pride.
In Ibrah One’s own words, pride is like a poison.
Ibrah praised the current NPP government for always punishing wrong doers without pleasing anyone in any form.
Bank of Ghana some few weeks ago revoked licenses of 23 insolvent savings and loans companies including Dr Kotei’s own Ideal Finance Limited.
Ideal Finance has been faced with severe insolvency and liquidity challenges over the past two years.
The Institution faces a significant capital shortfall with a Capital Adequacy Ratio (CAR) of negative 33% in breach of the minimum required of 13% with a corresponding capital deficit of negative Ghc188,257,625.35.
With Ibrah’s subtle revelation, one will automatically know how vexed he is in terms of information.
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