Major Victory For GN Bank As Appeal Court Overturns Licence Revocation

Added: 2026-05-25

[00:00:00]What will be your immediate reaction?

[00:00:02]First, let the council say something.

[00:00:06]We also that the the court of appeal said the decision that we are not going to appeal to.

[00:00:14]And so we ordered the bank to release the financings. The receiver is now in charge of the bank and all its assets.

[00:00:20]The receiver also has to has to order them to hand over all the assets to the bank and and the management also turn back to So we will take the lead in the next steps to get that judgment.

[00:00:35]What will be the next steps after this?

[00:00:37]>> Well, the next steps is that we need to file into the judgment and Um It's It's been a difficult very very difficult 7 years.

[00:01:00]We want to thank family.

[00:01:04]We want to thank all of our employees.

[00:01:07]Uh we've had some very very very loyal uh hard working employees who stood with us all these years.

[00:01:15]Um and definitely we give thanks to Almighty uh for keeping us healthy enough to be where we are.

[00:01:25]Because this has been very very tough.

[00:01:28]Very difficult time that we have gone through.

[00:01:31]Uh it's just unimaginable.

[00:01:35]Um there's a lot to say, but not today.

[00:01:38]Uh at the appropriate time we will hold a press conference and talk to what we have experienced, the difficulties Um what I want to say also is that we are in a very good good political environment.

[00:01:57]That environment uh has brought about a wind of change.

[00:02:03]And we are expecting that what was basic will be restored.

[00:02:08]That we will now play our part making sure that this country achieves the level of prosperity that is needed.

[00:02:20]There are just too many difficulties.

[00:02:22]Some people have died. Some have lost their homes.

[00:02:26]Assets have been destroyed.

[00:02:28]Many things we will not get back.

[00:02:30]But what we promise is we will restore the business.

[00:02:35]We will restore our business and we will make certain that our second economy is even better.

[00:02:43]So, thank you very