Dr. Papa Kwesi Nduom has bemoaned attacks on businessmen in the country.
Political witch hunting, he said, has compelled several businessmen in the country to keep quiet on many issues affecting the country and their businesses.
Dr. Papa Kwesi Nduom, who was addressing students at the Ghana Institute of Management and Public Administration (GIMPA) on Tuesday, said the fear of attacks by politicians has been a principal reason for people to keep quiet in the face of harsh economic conditions.
Such issues, he added, include the recent power outages which have led to the collapse of several Ghanaian companies and the retrenchment of workers, particularly those at the private sector.
He mentioned that these attacks come from politicians who see the largesse they have acquired from the state as their only means of survival.
These politicians, he said, fight tooth and nail to defend this largesse and that includes taking businessmen who complain of hardships in the country to the cleaners.
This and other factors including the fear of their businesses being harassed unnecessarily has led to the lack of 'solid entrepreneurs' in Ghana. Ghana, he continued, lacks businessmen whose businesses would outlive generations.