Pastor Mensa Otabil, ICGC, 13 others sued for ‘serious financial loss’ at Capital Bank

<table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto; text-align: center;"><tbody> <tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhdY_3PNWMUwPOUrx2AwD21jH1PusOX2H-2A3bNHKl8IVuUMI9HkcvqaTRaGpU0hc-X80Q14RAdKbk2Vw5es575rsrDvi_enBsO5l39M4HzASMFV5bXqT-2VT9yUlOfzUFE2OpxvjNof1km/s1600/mensa-otabil-capital-bank-854x400.jpg" imageanchor="1" style="margin-left: auto; margin-right: auto;"><img border="0" data-original-height="401" data-original-width="854" height="298" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhdY_3PNWMUwPOUrx2AwD21jH1PusOX2H-2A3bNHKl8IVuUMI9HkcvqaTRaGpU0hc-X80Q14RAdKbk2Vw5es575rsrDvi_enBsO5l39M4HzASMFV5bXqT-2VT9yUlOfzUFE2OpxvjNof1km/s640/mensa-otabil-capital-bank-854x400.jpg" width="640" /></a></td></tr> <tr><td class="tr-caption" style="text-align: center;">Dr. Mensa Otabil - Founder of International Central Gospel Church</td></tr> </tbody></table> Popular <a href="https://ghanachurch.com/profile-biography-of-pastor-dr-mensa-otabil/" rel="noopener" target="_blank"><strong>Pastor, Dr. Mensa Otabil</strong></a>, and his church <a href="https://ghanachurch.com/international-central-gospel-church-icgc-pastor-dr-mensa-otabil/" rel="noopener" target="_blank"><strong>International Central Gospel Church</strong></a> are among 15 shareholders and directors of defunct Capital Bank sued over the collapse of the bank.<br /> <br />  The Plaintiffs Messrs Vish Ashiagbor and Eric Nana Nipah from PricewaterhouseCoopers say the bank’s collapse was a “direct result’ of defendants’” “‘misgovernance” and “willful” breaches of banking regulations.<br /> <br />  The writ of summons named the ‘sins’ of each of the defendants and confirmed a financial autopsy report that said its founder William Ato Essien used depositors funds as is ‘personal piggy bank’.<br /> <br />  In one such ‘personal piggy bank’ transactions, Ato Essien request for ¢130m loan to be given to an investment company he owned, Capital and More Ltd.<br /> <br />  But the senior management of the bank declined the disbursement of the money which was public funds from the Bank of Ghana injected to save the troubled bank in 2015.<br /> <br />  Enter the revered <a href="https://ghanachurch.com/profile-biography-of-pastor-dr-mensa-otabil/" rel="noopener" target="_blank"><strong>Pastor Mensa Otabil</strong></a> who as Board chairman provided a personal guarantee that the loan to the CEO’s other company will be repaid.<br /> <br />  The statement of claim said the money given out in 2015 has not been paid after three years.<br /> <br />  The writ faulted the pastor for guaranteeing the disbursement even though he was “conscious at all material times” that it was in breach of banking regulations as well as against the “expressed opposition” of the senior managers.<br /> <br />  That ¢130m was not the only loan William Ato Essien took from his bank. There was another ¢29.9m he caused to be granted companies he owned or was related to. <br /> <h3> He later came for another ¢78.9m in loans.</h3> The CEO has been asked in the writ to cough up more than ¢580m in shareholder loans he took as well as loans granted to companies he owned or is related to.<br /> <br />  In another episode of severe and acute culture of mismanagement at the defunct bank, the directors and shareholders kept ¢482m in “non-existent investments” in their books.<br /> <br />  The central bank would later grant their request for this imaginary investment to be converted into actual loans to be paid by the shareholders.<br /> <br />  To date, a shareholder Otabil and Associates founded by the pastor and management expert has been unable to pay ¢51.6m which is they share of the loan converted from the imaginary investments.<br /> <br />  Otabil’s church the <a href="https://ghanachurch.com/international-central-gospel-church-icgc-pastor-dr-mensa-otabil/" rel="noopener" target="_blank"><strong>International Central Gospel Church</strong></a> which was a shareholder in the bank has also failed to pay ¢51.6m which is also their share of the 482m loan.<br /> <br />  A third defendant, Oheneba Osei-Akoto took a ¢2.42m loan in December 2016 using his residential property at Regimanuel Gray Estates at East Legon as collateral.<br /> <br />  The defendant and shareholder has failed to pay back the money.<br /> <br />  The plaintiffs said these defendants are responsible for ‘serious financial loss’ at the defunct Capital bank.<br /> <br /> <br /> <br />  Source: <a href="http://myjoyonline.com/" rel="noopener" target="_blank">Myjoyonline.com</a>

African Pastors Business Capital Bank Church News Dr Mensa Otabil Featured Ghana Pastors International Central Gospel Church Pastor Mensa Otabil Religion Religious News Richest Pastors Pastor Mensa Otabil, ICGC, 13 others sued for ‘serious financial loss’ at Capital Bank

Dr. Mensa Otabil - Founder of International Central Gospel Church Popular Pastor, Dr. Mensa Otabil , and his church International Centra...

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10 Photos that explain why most Pastors will go to hell [Photos]

<table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto; text-align: center;"><tbody> <tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjPpartaqTBjc-7_dyjqzzt3HzVcFQaJABZlCOyG7cMa38aeeyJt6MeP63pQEpB6DjBBrkSuz6hN_u9hRLyQn45G18NhWW04Lwxg1zY8zSZTjdo30LwrWxJ-e2VvOMrtR8l0FmTs-HVkWh5/s1600/pastor_misconduct4.jpg" imageanchor="1" style="margin-left: auto; margin-right: auto;"><img border="0" data-original-height="506" data-original-width="900" height="358" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjPpartaqTBjc-7_dyjqzzt3HzVcFQaJABZlCOyG7cMa38aeeyJt6MeP63pQEpB6DjBBrkSuz6hN_u9hRLyQn45G18NhWW04Lwxg1zY8zSZTjdo30LwrWxJ-e2VvOMrtR8l0FmTs-HVkWh5/s640/pastor_misconduct4.jpg" width="640" /></a></td></tr> <tr><td class="tr-caption" style="text-align: center;">Church members reportedly acting on their pastor's order to chew grass</td></tr> </tbody></table> An end time 'Zambian prophet' whose name wasn't given has caused outrage online after he was pictured taking off a lady's underwear in front of his congregation in church.<br /> <br /> It's unclear what could have led to this show of shame, but Facebook user, Offwell Sikazwe, who shared the photo to  Zambian Facebook group 'ZNBC Top Stories Online™' wrote: "FAKE PROPHETS PLZ LADIES DONT DO THIS TAKE YO PROBLEMS TO JESUS THAN TO A PROPHETS HAPPY SABBATH”<br /> <br /> The photo has provoked massive condemnation and outrage across social media, with many Ghanaians and Africans describing the conduct of the pastor as unbecoming of a Christian and a true man of God.<br /> <br /> Many pastors, especially those have their own churches, have become celebrities and one<br /> wonders whether they are really doing the work of God. The feed off fame and would do anything to get the media attention they require, damning all the consequences of their actions.<br /> <br />  In their bid to get more people trooping to their churches, they engage in various antics of their own to gain much popularity. One thing the runs through their actions is their posturing as 'miracle workers'.<br /> <br /> They claim to perform many 'huge miracles' including healing of the blind, filling bank accounts of poor people and even raising the dead.<br /> <br /> However, the manner in which they perform such miracles leaves much to be desired.<br /> <br /> From the fondling of ladies, stepping on people, to giving them poisonous concoctions, they abuse their followers so much so that you may question where they get these so called directions from. 9 other photos of some of these blatant abuses which have been disguised as 'directions from God'.<br /> <br /> 1. Zambian prophet' removing a lady's underwear in church<br /> <table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto; text-align: center;"><tbody> <tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEib3PVVYcauzEJ6KEcKj4Gk8KUrUpERKysbuoRIu81gYLqYrCbKqsc7xXo9wwA7QH1H0eQeQ4qD9UU29Q4B8DfFq5prjeZa0WUKmINHMDuUM2fceodA5scBuCyFXM2bh0JTUctMnwHUCK8E/s1600/pastor_misconduct.jpg" imageanchor="1" style="margin-left: auto; margin-right: auto;"><img border="0" data-original-height="480" data-original-width="720" height="426" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEib3PVVYcauzEJ6KEcKj4Gk8KUrUpERKysbuoRIu81gYLqYrCbKqsc7xXo9wwA7QH1H0eQeQ4qD9UU29Q4B8DfFq5prjeZa0WUKmINHMDuUM2fceodA5scBuCyFXM2bh0JTUctMnwHUCK8E/s640/pastor_misconduct.jpg" width="640" /></a></td></tr> <tr><td class="tr-caption" style="text-align: center;">Zambian prophet' removing a lady's underwear in church</td></tr> </tbody></table> <br /> 2. An obvious attempt to 'feel' the body of the woman<br /> <div class="separator" style="clear: both; text-align: center;"> <a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjb4vqAvgizIZ7u_nlplx9kQksLu_Vj852OKT4LzScxfLZRHnIdNIy4BW6nlzKS4ahWXuEbb13pdYt_9aQnnOfVhpSo808s4pMTo-QW9NYinH1UodwrdG0ImzOEji7GQe2vPqjpBK4lFvjm/s1600/pastor_misconduct2.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="357" data-original-width="741" height="306" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjb4vqAvgizIZ7u_nlplx9kQksLu_Vj852OKT4LzScxfLZRHnIdNIy4BW6nlzKS4ahWXuEbb13pdYt_9aQnnOfVhpSo808s4pMTo-QW9NYinH1UodwrdG0ImzOEji7GQe2vPqjpBK4lFvjm/s640/pastor_misconduct2.png" width="640" /></a></div> <br /> <br /> 3. This one turned this guys into donkeys<br /> <div class="separator" style="clear: both; text-align: center;"> <a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjAIKWESNnuJFeduAANt9-R-fSKauJBnc53ldN-dzWNflS3SG_p6d2diZuWYtPADWXcnk8cWvuPIAFahPCxy61UnNPg8f1seRuqWHozWRbXZ2wLawCnuFbt7r2gPt9ZRn5yGIV7GgYi6ulQ/s1600/pastor3.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="640" data-original-width="720" height="568" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjAIKWESNnuJFeduAANt9-R-fSKauJBnc53ldN-dzWNflS3SG_p6d2diZuWYtPADWXcnk8cWvuPIAFahPCxy61UnNPg8f1seRuqWHozWRbXZ2wLawCnuFbt7r2gPt9ZRn5yGIV7GgYi6ulQ/s640/pastor3.jpg" width="640" /></a></div> <br /> 4. . Stepping on your fellow human being in the name of deliverance<br /> <div class="separator" style="clear: both; text-align: center;"> <a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjyDbXrqvuFh_VlX1IJ1vEDLfGnKrRofAfE9h5FLCbDa9WAoJzUQrTo0k7B2Xd8QSBmpI-SsRQYuKrD5rkFKo3gyJ85lKnowVHd4q8Nk8cTNJ5mBk0D4KQ3jt6iaqOu_M2V0uymnIR_jBcB/s1600/pastor4.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="640" data-original-width="720" height="568" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjyDbXrqvuFh_VlX1IJ1vEDLfGnKrRofAfE9h5FLCbDa9WAoJzUQrTo0k7B2Xd8QSBmpI-SsRQYuKrD5rkFKo3gyJ85lKnowVHd4q8Nk8cTNJ5mBk0D4KQ3jt6iaqOu_M2V0uymnIR_jBcB/s640/pastor4.jpg" width="640" /></a></div> <br /> <br /> 5. Naked deliverance<br /> <div class="separator" style="clear: both; text-align: center;"> <a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgYaeau0QRB_0J9Tq1HyqiWPCnGovnujlexDC1yCCplhIb5SuUUQStr6MwM4HiI31Hn07MfbbMQ-nLi95MeHnzCJF3zjDPR6f4M144H-V6wqKiIqMJLmdADQqeDFQev2eCthzROLvtJy2vz/s1600/pastor5.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="640" data-original-width="720" height="568" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgYaeau0QRB_0J9Tq1HyqiWPCnGovnujlexDC1yCCplhIb5SuUUQStr6MwM4HiI31Hn07MfbbMQ-nLi95MeHnzCJF3zjDPR6f4M144H-V6wqKiIqMJLmdADQqeDFQev2eCthzROLvtJy2vz/s640/pastor5.jpg" width="640" /></a></div> <br /> <br /> 6. Here comes another fondler<br /> <div class="separator" style="clear: both; text-align: center;"> <a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiiEoFilZnEYf3IpyekurR32CzHWCJZaeOyjtrjgmwvetNiG6MfisGHsZVGZVPS-jSwjhP0FOvWkjFP53paMs6ZInV_54qniOdsEN4HUImZBLSTjGfmA6-xWW0Qq34MjfDGt1cpx_sYeblJ/s1600/pastor6.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="600" data-original-width="600" height="640" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiiEoFilZnEYf3IpyekurR32CzHWCJZaeOyjtrjgmwvetNiG6MfisGHsZVGZVPS-jSwjhP0FOvWkjFP53paMs6ZInV_54qniOdsEN4HUImZBLSTjGfmA6-xWW0Qq34MjfDGt1cpx_sYeblJ/s640/pastor6.jpg" width="640" /></a></div> <br /> <br /> 7. Just look at this oo<br /> <div class="separator" style="clear: both; text-align: center;"> <a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEj-OO2ensXuzLzWIseW-5nSnfJXnsoo2nRCcrpupMSsLiZsEEB8O6XhanXdYKJOsf_BAhzFh2T4OK2aYclyJyBI_u5yiqRRLHCwJ14Pis2HuvKEfw1TYCJEEYHxfDDNbZXL5nEb8eYVUBbP/s1600/pastor7.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="600" data-original-width="600" height="640" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEj-OO2ensXuzLzWIseW-5nSnfJXnsoo2nRCcrpupMSsLiZsEEB8O6XhanXdYKJOsf_BAhzFh2T4OK2aYclyJyBI_u5yiqRRLHCwJ14Pis2HuvKEfw1TYCJEEYHxfDDNbZXL5nEb8eYVUBbP/s640/pastor7.jpg" width="640" /></a></div> <br /> <br /> 8. Full watt deliverance<br /> <div class="separator" style="clear: both; text-align: center;"> <a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjv6nXWfxSekIbg55h9pqul0zG8gE1r9cwhhjBC3Q-7ReORDLz0QLGlNpt02jtYHOMWmidcF0Y098wRMjuSr_ko3-VYYX62h1H3V44NXVwvQoB05bw7n0gLz9qQ5jvy5nOnCEuKJuAIKKiV/s1600/pastor8.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="540" data-original-width="720" height="480" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjv6nXWfxSekIbg55h9pqul0zG8gE1r9cwhhjBC3Q-7ReORDLz0QLGlNpt02jtYHOMWmidcF0Y098wRMjuSr_ko3-VYYX62h1H3V44NXVwvQoB05bw7n0gLz9qQ5jvy5nOnCEuKJuAIKKiV/s640/pastor8.jpg" width="640" /></a></div> <br /> 9. And here comes the ultimate: Drink poison deliverance<br /> <div class="separator" style="clear: both; text-align: center;"> <a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiDgrn2by3E3PY65v44MdPSli9mSud_r0Q9UjK7lr6MWP8tI61xjOGUQwSsBjbxp__LV7Km1WgMJbqeqhstdbnfd9RmmKQlSNttLD5o2XnKNW79RbkP_UjSNB7nD44L5J0sGJ9ThpFjInLl/s1600/pastor9.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="454" data-original-width="600" height="484" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiDgrn2by3E3PY65v44MdPSli9mSud_r0Q9UjK7lr6MWP8tI61xjOGUQwSsBjbxp__LV7Km1WgMJbqeqhstdbnfd9RmmKQlSNttLD5o2XnKNW79RbkP_UjSNB7nD44L5J0sGJ9ThpFjInLl/s640/pastor9.jpg" width="640" /></a></div> <br /> 10. Church members reportedly acting on their pastor's order to chew grass.<br /> <table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto; text-align: center;"><tbody> <tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjPpartaqTBjc-7_dyjqzzt3HzVcFQaJABZlCOyG7cMa38aeeyJt6MeP63pQEpB6DjBBrkSuz6hN_u9hRLyQn45G18NhWW04Lwxg1zY8zSZTjdo30LwrWxJ-e2VvOMrtR8l0FmTs-HVkWh5/s1600/pastor_misconduct4.jpg" imageanchor="1" style="margin-left: auto; margin-right: auto;"><img border="0" data-original-height="506" data-original-width="900" height="358" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjPpartaqTBjc-7_dyjqzzt3HzVcFQaJABZlCOyG7cMa38aeeyJt6MeP63pQEpB6DjBBrkSuz6hN_u9hRLyQn45G18NhWW04Lwxg1zY8zSZTjdo30LwrWxJ-e2VvOMrtR8l0FmTs-HVkWh5/s640/pastor_misconduct4.jpg" width="640" /></a></td></tr> <tr><td class="tr-caption" style="text-align: center;">Church members reportedly acting on their pastor's order to chew grass</td></tr> </tbody></table> <br /> So the question is, will a pastor go to heaven after meting out such abuse to a fellow human? Share your thoughts in the comment section below. Your stories and photos are always welcome.<br /> <div> <br /></div>

Africa Pastors African Pastors Christians fake pastors Featured Ghana Pastors Heaven and Hell Kenya Pastors Nigerian Pastors Religion Religious News Richest Pastors 10 Photos that explain why most Pastors will go to hell [Photos]

Church members reportedly acting on their pastor's order to chew grass An end time 'Zambian prophet' whose name wasn't g...

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