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Parliament to probe into collapse of seven banks

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Parliament will on September 6, this year (2018), begin a full-scale public enquiry into circumstances leading to the collapse of seven indigenous banks.
 
Already, the Economic and Organised Crime Office (EOCO), which was asked to probe the collapse has submitted its findings to the Attorney-General for advice and possible prosecution.
 
The Parliamentary Select Committee on Finance is meeting at 11.am today (August 15), to firm up a road map for the enquiry.
 
In an interview in Accra, the Chairman of the Finance Committee of Parliament, Dr. Mark Assibey-Yeboah, said the week-long enquiry would examine the roles played by each of the key directors in the collapse of the banks.
 
Dr. Assibey-Yeboah, who is the New Patriotic Party (NPP) Member of Parliament (MP) for New Juaben South in the Eastern Region, said the focus of the investigative committee would be on the role played by the Bank of Ghana (BoG) and lapses in its supervisory function.

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