Aftermath of #Number 12-“Kwesi Nyantakyi” Causes Massive Withdrawals At Savings&Loans Company

The embattled former GFA president.

There has been massive withdrawals at First Allied Savings and Loans Company after reports that a shareholder in the company by the name Nyantakyi is set for a takeover of the company.

Management of the savings and loans company are worried by the panic withdrawals explaining that it gained momentum after Anas Aremeyaw Anas’ Number 12 documentary.

Kwesi Nyantakyi was captured in the investigative piece engaging in purported acts of corruption and it sparked massive outrage from the public.

“We realized a lot of people were coming into our branches to withdraw which was much more than our liquidity plan. So after about a week, we realized that we had shot through the roof with withdrawals. That was just around the time we got to know that there is news in town that we have one shareholder called Nyantakyi and that government is looking to lay hold of his assets”, a management representative of First Allied Savings And Loans, Yaw Antwi told Citi Business News.

“People had acted on that information and thronged into the banking hall to take their money. So it was then we realized that it was not just a normal withdrawal but some false information was going on”, he said.

Mr. Yaw Antwi explained that the false information has really affected the company whiles categorically stating that there is no shareholder by the name Nyantakyi.

It is no cliché when we our elders say that “a good name is better than riches”. Well, the former GFA president Kwesi Nyantakyi’s acts may just have soiled the ‘Nyantakyi’ name.

If you are called Nyantakyi, I guess you should be thinking about a change of name.