General News of Tuesday, 30 January 2018

Source: classfmonline.com

NDC MP Isaac Adongo among 80 GN Bank loan defaulters

Isaac Adongo is MP for Bolga Central Isaac Adongo is MP for Bolga Central

GN Bank Limited has published the name of lawmaker Isaac Adongo, the main opposition National Democratic Congress’ MP for Bolga Central, as one of 80 of its clients who have defaulted in paying loans they took from the bank.

The publication was made by GN Bank in the state-owned Daily Graphic.

Mr Adongo’s name and picture appear as the 13th on the list of GN Bank’s loan defaulters.

IA Corporate Support Services Limited is written by Mr Adongo’s name and picture.

The bank directed Mr Adongo to contact its North Ridge branch “to settle your outstanding credit facility.”

Investigations by ClassFMonline.com indicate that IA Corporate Support Services Limited, which belongs to Mr Adongo, took a loan of GHS25,000 from GN Bank in the past and paid some of it.

It is, however, not clear how much of the loan was paid by IA Corporate Support Services Limited and how much is left to be paid.