Dr William Mensah-Ansah, a prominent Tema-based industrialist, at the weekend, expressed deep concerns about the constant barrage of false allegations against local entrepreneurs and Ghanaian-led industries.

According to him, these baseless claims are a significant hindrance to the development of local industries, citing baseless allegations and cases against notable businesses such as Dr Paa Kwesi Nduom's Nduom Group of Companies, UT Bank, Kasapa, and Kludjerson companies, as well as the Jospong Group of Companies.

Dr Mensah-Ansah emphasized that such developments are detrimental to national development, creating a negative image for the nation and its businesses.

The Tema-based industrialist, stressed that attacking seasoned industrialists and entrepreneurs in Ghana could have a detrimental impact on the country's youth, who often look up to these individuals as mentors.