Capital Bank Collapse: Pastor Mensah Otabil’s Word For Critics


General Overseer of the International Central Gospel Church (ICGC), Pastor Mensa Otabil has reacted to the difficulties that faced him in recent times, owing to the Capital Bank Collapse.

Recall that the Bank of Ghana (BoG) on Monday, 14th August, 2017 announced the takeover of UT and Capital Banks by GCB Bank Ltd.

See: Important Facts About UT and Capital Banks Collapse

Pastor Otabil who was the chairman of the board of directors of Capital Bank and also a significant shareholder of the bank revealed he faced very many unpleasant situations following the Capital Bank Collapse.

Speaking during his Sunday sermon, the renowned pastor said the two days following Capital Bank collapse were terrible for him. But after a while, he was able to encourage himself in God’s word and forge ahead with a positive mind.

“On Tuesday and Wednesday, my mind was in the wrong place but on Thursday, my mind came to the right place,” he disclosed.

Explaining further, Pastor Otabil said:

“Last week when I preached nothing missing, I didn’t know I was preaching to myself…I thought I was an expert in dealing with storms but once in a while a big one comes and you say wao!!!! And this week was one of them but God is good. Monday was a good day for me, Tuesday was not a very good day for me, Wednesday day was a very terrible day for me…”

“And this week was one of them but God is good. Monday was a good day for me, Tuesday was not a very good day for me, Wednesday day was a very terrible day for me…”

Also See: Mensa Otabil’s Silencing Response To “Special Offering” Critics



According to Otabil, ‘the thing about problem is that even if you don’t look for it, it will look for you; problem has a way of tracking down people…so sometimes you will just be sitting somewhere minding your own business then something hits that you didn’t expect’.

Peace of Mind and Victory

Preaching on the sermon ‘Peace’ from Isaiah 26:2-4, Otabil disclosed how he was able to get hold of his mind, to prepare his Sunday sermon. According to him, “when you go through any difficulty, what you have to deal with is the mind because it is in the mind that you can have peace or not have peace [because] if you lose the battle of the mind, you lose the battle of life…”

“How you deal with your memories, reality of what is going on and imagination, will determine whether you have peace or not…For me, this is what helped me; getting hold of my mind and on Thursday morning I woke up and I said I have a church to preach to on Sunday; they are not going to listen to Pastor’s trouble, they need a word of encouragement… Overcoming a storm is going to be difficult but when you stay in God he will give you perfect peace. Many are the afflictions of the righteous but the Lord delivers him out of them all.”

Reaction to Critics

Reacting to those who backlashed him following news of Capital Bank collapse, the sometimes satirical pastor said some of those who insulted him during the trying times look like insult themselves.

“Oh yes I have had some realities this week…you see when people who have no right to insult you, insult you, that is reality…you look at the person insulting you and the person sometimes himself looks like an insult…that is reality. Reality is when it is hitting; when all kinds of staff is hitting you…there are people who will kick you when you are down and that is the reality,” Pastor Otabil said.

Continuing he said he decided not to think of their insults and comments because it is not worth the while.

“…You can’t think about that. You can’t also think about yourself too much because when you think about yourself, you feel pity for yourself, there has to be a focus to where you put your memories, realities and imagination, it is a discipline, you have to control your mind and guide your mind to go where it doesn’t want to go. This week I have really learnt to guide my mind.”

He concluded by saying that he will come out as gold after all is said and done.