It Didn’t Make Sense To Continue Supporting The Collapsed Banks – Bawumia

It Didn't Make Sense To Continue Supporting The Collapsed Banks - Bawumia Vice President Dr Mahamudu Bawumia says government had no option than to shut down some banks and financial institutions in the country. He said even though the situation is sad it didn't make sense to continue supporting these banks that are suffering. "It was bad . . . when I saw the numbers at the time it was quite frightening," he said. He said the banks were using the Central Bank's liquidity support for other purposes. This follows claims that government could have used other means to save the banks…