Pastor Mensah Otabil who was chair of the defunct Capital Bank has admitted last week was a bad week for him.

According to him,  the Monday which saw the Central Bank announce the shutdown of  Capital and UT banks for insolvency, was a “fortunately a good day”.

“Monday was a fortunately good day for me. I was fine on Monday. Tuesday was a very bad day for me. Wednesday was a very terrible day. You go through this stuff and you wonder; wow, what a week!

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“…This Tuesday, I was not in a frame of mind for a sermon. This was not sermon Tuesday. Wednesday definitely wasn’t a sermon Wednesday. But on Thursday, I got up, I picked my laptop, I opened it and Thursday, I put my ideas down like I normally do and all of a sudden, I just felt like a cloud just left my shoulders,” the influential preacher told his congregation on Sunday.

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Capital and UT banks have been taken over by the GCB bank after a successful bidding following the “impairment of their capital,” as announced by the Bank of Ghana.

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Meanwhile, the GCB bank has assured it will retain staff of the defunct banks despite growing fears they will lose their jobs.

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