General News of Sunday, 3 November 2024

Source: www.ghanaweb.com

Watch video of Michael Agyekum Addo 'crying' about losing all his money due to banking sector clean-up

The late Dr. Michael Agyekum Addo, is the founder of KAMA Group of Companies play videoThe late Dr. Michael Agyekum Addo, is the founder of KAMA Group of Companies

A video clip of the late Dr. Michael Agyekum Addo, the founder of KAMA Group of Companies and one of Ghana’s leading pharmaceutical entrepreneurs, complaining about losing all of his money has gone viral.

In the video, Dr. Agyekum Addo, addressing the audience at a book launch he chaired, stated that the government’s banking sector clean-up led to the loss of the money he had saved for his retirement.

He lamented that he did not have the funds to support the book launch, despite owning one of the best pharmaceutical companies in the country.

"I am a 'pensioner,' and all my money—I must confess—I know I'm on air—the money that I saved to take care of my pension time has been taken over by the banking clean-up. So I don't have my money to support such a wonderful book.

"And if I tell you how much I saved for over 30 years to take care of my position now, you would weep for me. I have one of the best pharmaceutical manufacturing companies, WHO standard, in Tema. But because my money has been locked up and they cannot give it to me, I'm having problems with my overheads.

"I'm telling you, either the GRA is on your neck or the Electricity Company has come to cut off your light. 'Eeebre oo' - We are suffering."

About his death:

The Ghanaian entrepreneur and founder of the KAMA Group of Companies died at the age of 74.

According to Asaaseradio.com, Addo passed away on Friday, November 1, 2024, leaving behind a legacy in the pharmaceutical and business sectors.

Watch a video of his remarks below:





BAI/OGB

You can watch a compilation of the Twi news below:



Meanwhile, catch up on the latest Election Desk on GhanaWeb TV interview as Patricia Rockson Hammond sits down with Nana Akosua Frimpomaa Kumankumah, Flagbearer of the CPP, below: