In the heart of Ghana, a tale of financial integrity unfolds as private business mogul Mr. Ibrahim Mahama boldly steps forward to confront allegations veiled in misinformation. Apexnewsgh reports
Recently, investigative journalist Manasseh Azuri, in his latest creation “The President Ghana Never Got,” cast a shadow over Mr. Mahama’s reputation, implying a lingering debt to Merchant Bank or its successor, UMB Bank. The plot thickened, prompting a legal rebuttal from Mr. Mahama’s camp.
In a compelling letter to Manasseh, Mr. Mahama’s legal team took center stage, denouncing the claims with unwavering clarity. Firmly stating that Mr. Mahama had never sought nor received any personal financial assistance from the said bank, the missive highlighted a crucial distinction.
It emphasized that the entity Engineers & Planners Company Limited, an independent legal entity separate from Mr. Mahama, had indeed transacted with Merchant Bank.
The narrative crescendoed on a remarkable note, illuminating the pivotal moment in February 2014. A significant sum of $28 million, the culmination of diligence and financial rectitude, flowed from Engineers & Planners Company Ltd to Merchant Bank. This pivotal act marked the full and final settlement of the loan amount, shattering the misconceptions overshadowing Mr. Mahama’s financial standing.
Despite the truth resonating, a shadow lingered, fueled by collective ignorance. The letter lamented the persistence of baseless rumors surrounding Mr. Mahama’s purported debts, casting an unjust stain on his illustrious reputation. A revelation surfaced, exposing a troubling oversight – the new custodians of Merchant Bank failed to update credit bureaus and regulatory bodies regarding the debt’s settlement, tantalizingly hinting at ulterior motives.
Demands for recompense echoed through the corridors of justice as Mr. Mahama, a beacon of probity, sought reparation. His plea for a retraction and an apology from Manasseh reverberated, illuminating the gravity of tarnishing an honest businessman’s image. The countdown ensued, ticking seven days where redemption hung in the balance. Manasseh, at the crossroads of choice, faced a looming specter of legal repercussions should contrition elude him.
In this saga of principles and principles, Mr. Ibrahim Mahama stood tall, a symbol of integrity challenging the distorted truths that threatened
Source: Apexnewsgh.com
