The President, Nana Addo Dankwa Akufo-Addo has said persons responsible for the banking sector crisis will be put before court soon.

“We have begun to bring those responsible for the banking crisis to justice. We have one case in court and if evidence of criminality is found in other ongoing investigations, which according to my information, is likely, then the perpetrators of the crisis, both regulators and individuals will face justice soon”, he said.

The President said this yesterday when he opened the 71st Annual New Year School and Conference organized by the School of Continuing and Distance Education, University of Ghana, Legon.

The annual week-long event which is the stage for discussion of topical issues to guide policy formulation is on the theme “Attaining Ghana Beyond Aid: Prospects and Challenges”.

President Akuffo-Addo’s assurance of prosecution of culprits came the same day founders of two collapsed banks, Prince Kofi Amoabeng and Mihceal Nyinaku were charged with stealing and money laundering.

He said although the banking clean-up was a painful exercise, it was necessary as it saved more than 6,000 jobs instead of 10,000 that could have been lost and saved investment of depositors.