{"id":11501,"date":"2025-07-01T07:54:28","date_gmt":"2025-07-01T07:54:28","guid":{"rendered":"https:\/\/www.fishfmonline.com\/?p=11501"},"modified":"2025-07-01T07:54:28","modified_gmt":"2025-07-01T07:54:28","slug":"ex-calbank-ceo-describes-akufo-addo-and-ken-ofori-attas-economic-management-as-a-disaster","status":"publish","type":"post","link":"https:\/\/www.fishfmonline.com\/?p=11501","title":{"rendered":"Ex-CalBank CEO describes Akufo-Addo and Ken Ofori-Atta\u2019s economic management as a disaster"},"content":{"rendered":"<p>Former Cal Bank CEO Frank Adu Jnr has described the economic stewardship of former President Nana Akufo-Addo and his Finance Minister Ken Ofori-Atta as a disaster.<\/p>\n<p>The renowned banker is blaming their performance for the outcome of the 2024 elections and the widespread suffering of Ghanaians.<\/p>\n<p>Speaking on\u00a0<em>JoyNews\u2019 PM Express<\/em>\u00a0on Monday, June 30, Mr Adu Jnr did not hold back when asked to assess Ofori-Atta\u2019s legacy. \u201cDisaster! Disastrous,\u201d he said bluntly.<\/p>\n<p>His comments come amid ongoing public debate over the legacy of the Akufo-Addo administration, particularly its handling of the economy, debt, and living standards.<\/p>\n<p>For Adu, the 2024 electoral loss was not surprising, but rather a direct consequence of public disillusionment with economic management over the last eight years.<\/p>\n<p>\u201cLook, if it wasn\u2019t disastrous between him and the president, the people of Ghana wouldn\u2019t have voted the way they voted in 2024. It\u2019s not me saying it; the verdict is captured in the results of the elections.<\/p>\n<p>&#8220;It\u2019s as simple as that. You do not run the economy where almost everybody is suffering and expect that the people will not object. And that\u2019s what the voters of this country did last year.\u201d<\/p>\n<p>Frank Adu Jnr disclosed a long-standing personal relationship with the former finance minister.<\/p>\n<p>\u201cWe are kind of family with Ken Ofori-Atta. On my first trip to the US, I stayed with Ken. We slept in the same bed. So that\u2019s the relationship,\u201d he said.<\/p>\n<p>Reflecting on the optimism that greeted Ofori-Atta\u2019s appointment in 2017, Adu acknowledged that expectations were high.<\/p>\n<p>\u201cI remember when he was appointed. I sent him a message, congratulating him and urging him to do the best he could for this country, and leave a legacy, and that\u2019s what we all expected. We were all very hopeful, but subsequent events have betrayed that hope.\u201d<\/p>\n<h6><em>Disclaimer: The content provided on Fish FM Online is for informational and entertainment purposes only. While we strive for accuracy, we do not guarantee the completeness, reliability, or timeliness of the information presented. Fish FM Online and its affiliates are not responsible for any errors or omissions, nor for any decisions made based on the content available on our platform.<\/em><\/h6>\n","protected":false},"excerpt":{"rendered":"<p>Former Cal Bank CEO Frank Adu Jnr has described the economic stewardship of former President Nana Akufo-Addo and his Finance Minister Ken Ofori-Atta as a disaster. The renowned banker is blaming their performance for the outcome of the 2024 elections and the widespread suffering of Ghanaians. Speaking on\u00a0JoyNews\u2019 PM Express\u00a0on Monday, June 30, Mr Adu [&hellip;]<\/p>\n","protected":false},"author":123457,"featured_media":11502,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[3525,41],"tags":[1098,885],"class_list":["post-11501","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy","category-general-news","tag-ken-ofori-atta","tag-nana-akufo-addo"],"_links":{"self":[{"href":"https:\/\/www.fishfmonline.com\/index.php?rest_route=\/wp\/v2\/posts\/11501","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.fishfmonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.fishfmonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.fishfmonline.com\/index.php?rest_route=\/wp\/v2\/users\/123457"}],"replies":[{"embeddable":true,"href":"https:\/\/www.fishfmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=11501"}],"version-history":[{"count":1,"href":"https:\/\/www.fishfmonline.com\/index.php?rest_route=\/wp\/v2\/posts\/11501\/revisions"}],"predecessor-version":[{"id":11503,"href":"https:\/\/www.fishfmonline.com\/index.php?rest_route=\/wp\/v2\/posts\/11501\/revisions\/11503"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.fishfmonline.com\/index.php?rest_route=\/wp\/v2\/media\/11502"}],"wp:attachment":[{"href":"https:\/\/www.fishfmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=11501"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.fishfmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=11501"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.fishfmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=11501"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}