An emergency meeting involving Employment and Labour Relations Minister, management and staff of the Agricultural Development Bank, ADB, yesterday ended in a deadlock.
The closed door meeting was supposed to address issues raised by the staff which they said could thwart a smooth investigation by the Bank of Ghana into the operations of ADB.
The staff have accused the board of conflict of interest and overseeing declining fortunes of the pro-agric bank. The staff are also against plans by the bank to enlist on the Ghana Stock Exchange to raise capital.
Minister of Employment and Labour Relations Haruna Iddrisu has tasked both parties to resort to internal mechanisms to address their concerns rather than the media.
“The issues raised include conflict of interest, financial impropriety and other matters was to be examined, and interrogated by the Bank of Ghana and an external entity to establish the issues that have been raised and that can inform government’s subsequent and future action.
“But it appears that the parties are deadlock and are not able to agree on some of those issues.
“I have encouraged them that the Union should engage management and the board whilst we look into the issue.”
He also hinted that the two may be referred to the Labour Commission to take up the issue.
