No Tears, Compensation For The Bitten

Those who get bitten even after they were warned about the integrity of the transactions they went into deserve neither tears nor sympathy from their compatriots.

What kind of people are they who turned deaf ears to good counsel. It is sad they did not learn from what befell others before them. Pyram made a more flowery and mouth-watering appeal yet destroyed individuals and even homes. And the DKMs and others! And now this!

We can countenance most of the nonsense people are spewing not so, however, the one seeking to blame government and even demanding that the coffers of state be dipped into to compensate the bitten.

Government is being attacked for, as they put it, not considering intervening with payments to the victims of the latest financial trouble to make landfall.

A few days ago, we heard about celebrities also falling victims to the scheme. It is not for us to delve into the intricacies of the subject at this time – suffice it though to point out that it is not the responsibility of government to dip its hands into the public coffers to pay victims of the scheme.

Government and for that matter the Bank of Ghana (BOG) as a regulator of the state, could have been accused of shirking its responsibility were it unable to prove that it issued warnings to those patronizing the products of the company now in the middle of the storm.

When such warnings are issued as they were in the heydays of the Brong Ahafo Region scheme by the appropriate agency, BOG, they must be heeded. Of course, the cautions were not heeded because those patronizing the enterprise were overwhelmed by the dangling apples and thereby losing their thinking caps.

Now that they have been pushed to the corner government is being called upon to intervene, a call which has no justification at all.

The BOG should take the last laugh now because after all, they warned the citizens as a state agency responsible for managing such matters.  

In the future, BOG would have to be harder than they have been especially since that is the language some of us understand better.

For now though it is our position that those who failed to listen would have to live with the repercussions of their stubbornness.

If some victims of DKM attracted some sympathies, subsequent persons who found themselves in the mouths of schemers would have consider what has befallen them as fate and live with it.

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