The outspoken fetish priest turns up the heat on the Groupe Nduom founder, alleging a change of political tune and demanding a public reckoning.
Ghanaian fetish priest Nana Kwaku Bonsam has thrown down a pointed public challenge to businessman and GN Bank founder Dr. Papa Kwesi Nduom, demanding that he openly confess to past comments made against President John Dramani Mahama and issue a formal apology.
Speaking on Angel FM’s morning show hosted by Ohemaa Woyeje on Thursday, May 21, the outspoken traditional priest levelled a series of allegations against Dr. Nduom, painting a picture of a businessman who once banked on the New Patriotic Party to shield his interests — and is now turning to the very administration he allegedly criticised to rescue his financial empire.
According to Kwaku Bonsam, Dr. Nduom’s earlier posture toward Mahama was shaped by his confidence that the NPP government would protect and advance his business interests, particularly as Ghana’s financial sector came under intense regulatory scrutiny.That confidence, he claimed, proved misplaced.
GN Bank became one of the most high-profile casualties of the banking sector cleanup exercise that swept through the industry — an exercise that saw dozens of financial institutions lose their licences on grounds of insolvency and regulatory non-compliance.
Now, Bonsam alleged, the tables have turned. He claimed that Dr. Nduom has pivoted toward President Mahama in a bid to restore GN Bank’s operations and reopen its branches across the country.
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The Bank of Ghana has already issued a directive for the bank’s restoration — a development he argued should prompt the businessman to publicly acknowledge the Mahama administration’s goodwill.
“He should come out and confess his mistakes,” Bonsam insisted, framing Dr. Nduom’s silence as ingratitude toward what he described as a “kind gesture” by the President.
The broader context of Bonsam’s remarks reaches back to one of the most turbulent periods in Ghana’s recent financial history. The banking sector cleanup, launched in 2017 under the then-NPP administration, resulted in the collapse and forced consolidation of several banks and savings institutions.
GN Bank, the flagship financial arm of Dr. Nduom’s Groupe Nduom conglomerate, saw its universal banking licence revoked during that process — a decision the businessman has consistently and vigorously contested, arguing that the action was unjust and politically motivated.
Dr. Nduom, a former presidential candidate of the Progressive People’s Party (PPP) and one of Ghana’s most prominent business figures, has not publicly responded to Bonsam’s latest remarks. But with the fetish priest now calling for a public confession on national radio, the pressure — however unconventional its source — is firmly in the open.