Agyinasare never took a loan from FirstTrust or GN Bank - Perez Chapel

The Perez Chapel International has dismissed media reports that its founder Bishop Charles Agyinasare applied for loans from collapsed financial institutions FirsTrust Savings & Loans Company and GN Bank. The church in a statement said the "mischievous" information is an attempt to silence Bishop Agyinasare for his recent comments about the ills of society.

The statement further disclosed that although Bishop Agyinasare was a one-time Board Chairman for FirsTrust, he or his church never applied for a loan from the two collapsed financial institutions. Related Articles VIDEO: The devil has made people think churches are distributing COVID-19 - Bishop Agyinasare Bishop Agyinasare celebrates 30 years of love "Bishop Charles Agyinasare NEVER applied for nor ever received a loan from FirsTrust Savings & Loans, either before, during or after his Chairmanship of the Board of FirstTrust Savings & Loans," the statement said.

"Bishop Charles Agyinasare or the church he presides over has NEVER applied for nor ever received a loan from GN Bank or FirsTrust Savings & Loans". Agyinasare on the collapse of Ghanaian businesses The statement from the church comes two days after, Bishop Agyinasare blamed politicians for the collapse of some Ghanaian businesses. Urging congregants to pray against the ‘demon’ that makes politicians collapse local businesses when they win power, Bishop Agyinasare stated that the collapse of such enterprises were motivated by jealousy.

He said: “In this country, we have always out of the spirit of envy, closed down industries and businesses of our own people. Growing up, there was a man called B.A Mensah, a builder and founder of International Tobacco Ghana limited. I will never forget when I came to Accra first and this honorable man came to my House at Adenta and asked me ‘Bishop can you pray with me so that my property that has been take so many years earlier will come to me’? “JK Siaw established the first indigenous breweries in West Africa, which was taken.

Years later, a very industrious man Eddie Annan also lost the Massai company, importers of cars, he was the representative of IBM and many other companies. Because he was perceived to be the financier of an opposition party. “You see, those demons that poses our politicians when they get into political power is still at work today and we must exorcise them otherwise we are far from going forward.

Our children’s’ children cannot even enjoy their inheritance and hard work,” he said. He stressed: “Can we say that all the industries and firms we have closed under this regime were because all the people and companies were wrong? And we could not have done anything to have preserved these companies? I have been asking myself, so for Mr Duffuor who used to be Finance minister and one time Governor of the Bank OF Ghana under whose turn as minister we had the best economic growth rate; 14% in a particular year , was there nothing we could do with his bank?

What about Dr. Ndoum who introduced or expanded susu banking and had branches than any commercial bank in Ghana and more customers, then my own Amoabeng who helped me grow my first $100,000 through investment which I gave to the church as part of contribution towards the building of them Dome. Could nothing have been done to save those Financial institutions. There are some of financial institutions whose owners were rogues and careless and so yes; but these ones.

“The truth is that in Ghana, we are more tolerant of foreign companies than Ghanaian companies. We give them tax breaks for years because they investors coming to build the nation. Some of them come with nothing but our banks will give them loans. Our local firms can’t compete because we do everything to stifle them”.

It will be recalled that the licenses of FirstTrust and GN Savings and Loans were revoked by the Bank of Ghana in August 2019 as part of a financial sector cleanup which affected a total of twenty-three insolvent savings and loans companies and finance house companies. Agyinasare never took a loan from FirstTrust or GN Bank - Perez Chapel by Kweku Zurek on Scribd

Agyinasare never took a loan from FirstTrust or GN Bank - Perez Chapel by Kweku Zurek on Scribd