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Vice President and 2024 Presidential Candidate of the governing New Patriotic Party (NPP), Dr Mahamudu Bawumia, has taken a swipe at former President John Mahama, suggesting that he lacks an understanding of the 2017 banking sector clean-up.

The Vice President said this at a meet-the-press encounter on Sunday, August 25, where he responded to comments made by Mr Mahama about the exercise that led to the collapse of several financial institutions in the country.

The NDC flagbearer for election 2024 has among other things promised to take a second look at the financial institutions that were closed down and restore the licenses of some of them where necessary.

Mr Mahama has questioned why the government could spend so much to close down institutions that could have been supported to stand on their feet with less considering that they were employing a huge number of people.

But Dr Bawumia, who’s shocked at Mahama’s promise, stated that the government’s action saved the deposits of 4.6 million bank customers by that intervention.

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