General information for Tuesday, November 16, 2021
The CEO of the late UT Financial Services, Captain Prince Kofi Amoabeng (Rtd), has written a new book highlighting the successes and twilight of his business.
The book titled “THE UT STORY: Humble Begins” is intended to teach young people and all Ghanaians the hidden realities of UT financial services and some moral lessons for young entrepreneurs.
In fact, anyone interested in knowing the history of the man known to be one of Ghana’s most successful business tycoons and what led to the downfall of UT Financial Services should pick up a copy of this. delivered.
UT Financial Services was among the financial institutions that were shut down when the ruling New Patriotic Party (NPP) was formed under the leadership of President Nana Addo Dankwa Akufo-Addo.
The government took over this institution after declaring it insolvent.
However, a secret that might intrigue Ghanaians may have first been revealed when Captain Prince Kofi Amoabeng (Rtd) presents his book for public consumption.
According to him, the Minister of Finance, Ken Ofori-Atta requested a loan from UT Financial Services before the collapse of the institution, when he was not a minister at the time.
The book revealed that Mr. Ofori-Atta came to UT Financial Service “carrying their shares in Enterprise Insurance as security for a loan”.
In an exclusive interview with Kwami Sefa Kayi on Peace FM’s ‘Kokrokoo’, Captain Kofi Amoabeng (Rtd) authenticated the claim by saying, “I’m not lying or you think they will say it is wrong. is not just about me. I was “I didn’t personally give loans. I had a system, structure, and institution that made loans, so all of my staff were aware of it. So, it wasn’t a situation where I took her into a room like it was done in secret. No ! This is a problem related to UT’s financial services ”.