President John Dramani Mahama has announced that the Minister of Finance, Dr.

Cassiel Ato Forson, has launched an official inquiry into the collapse of indigenous banks and financial institutions in Ghana.

The investigation is part of the administration's broader effort to ensure transparency and restore public trust in the country's financial system.

Speaking during a national address on Wednesday, May 7, to mark his first 120 days in office, President Mahama stressed his government's commitment to accountability and justice in the financial sector.