The Head Pastor of the International Central Gospel Church and former Board Chairman of now defunct Capital Bank Mensah Otabil, has said the suit against him following his role in the defunct Capital bank may help bring the “truth” out.
He made the comment on Tuesday evening during a service at his church.
His comment comes at the back of a suit against him and 16 other directors of the bank by the receiver of the failed bank PricewaterhouseCoopers.
The renowned preacher told his congregation that the suit is just an opinion and he will subject himself to the court process.
“When someone sues you, it is not an evidence, neither is it judgment, It is just somebody’s opinion,” he said.
“I know people have all kinds of questions and so on, first of all I can’t explain anything to you. I can’t because I’m in court. We will allow the process to continue and hopefully, the full truth will be known,” he added.
Pastor Mensa Otabil urged the congregants to closely follow the legal proceedings, indicating that it will be “interesting”.
In the suit brought against him by Vish Ashiagbor and Eric Nana Nipah of PricewaterhouseCoopers, the receivers said within seven years, the directors of the defunct bank including Otabil, approved loans and placement of funds to themselves and related parties “without the requisite collaterals and in clear breach of the company’s internal policies and relevant banking regulations and Ghanaian company law.”
Ghana | Atinkaoanline.com
