Ghana's Banking Crisis: Leaked Report Reveals Mahama Family Debt

Ghana's Banking Crisis: The Mahama Family Connection Ghana's 2017 banking crisis saw the collapse of several financial institutions, including UT Bank. A leaked report has shed light on a previously undisclosed aspect of the crisis: the significant debt owed to UT Bank by Ibrahim Mahama, brother of former President John Mahama. The report suggests that Mahama's debt, amounting to GHC302 million, played a substantial role in the bank's financial downfall. While the exact details remain under investigation, the leaked report raises serious questions about the transparency and accountability within Ghana's financial sector. The report's findings have sparked public debate and calls for a thorough investigation to determine the full extent of the Mahama family's involvement in the bank's collapse. The incident highlights the need for stricter regulations and oversight to prevent similar crises in the future. The government has yet to issue an official statement on the matter, but the public awaits further clarification and potential action.