Nduom: We’ll resume operations unless stopped by a Superior Court
Businessman and President of Groupe Nduom, Papa Kwesi Nduom, says the group is proceeding with plans to resume operations after a Court of Appeal ruling that ordered the restoration of the licence of GN Savings and Loans.
Dr. Nduom stressed that the company remains committed to the rule of law and will continue its preparations to restart operations unless a higher court issues a contrary directive.
He was responding to reports suggesting that the Bank of Ghana had filed an appeal against the Court of Appeal’s decision reinstating the company’s licence.
“Let me be very clear, because I told you that we are law-abiding and we believe in the rule of law and we have orders. The orders that we have as I stand here are orders from the Court of Appeal, nowhere else,” he said.
He added that the Bank of Ghana had not yet been formally served with the consequential orders arising from the judgment.
“So as I stand here, Bank of Ghana itself has not even been served with what the lawyers call the consequential orders,” he stated.
Dr. Nduom further noted that he had also not received any official notice confirming that an appeal had been filed.
“And then, again as I stand here, I have not been served with anything that says somebody is appealing the matter. It may be true, it may not be true, but I cannot rely on word of mouth or what’s on social media or what’s on radio or television,” he said.
He emphasised that the group’s legal team is ready to respond to any developments through the proper legal channels.
“But when we get anything at all from anybody, we are ready with our attorneys to deal with anything with dispatch,” he stated.
Dr. Nduom maintained that operations will continue to be prepared for restoration unless a superior court orders otherwise.
“But even if something is served on us, until someone gives us an order different and also superior to what the Court of Appeal had given, we are not moving. We are not waiting for anybody,” he said.
He added that restoration work is already underway, including rebuilding infrastructure and reorganising operations.
Source: Citi News
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