Month: April 2021

The Receiver of the defunct 23 Savings and Loans Companies and 347 Microfinance Companies wishes to notify all Depositors and Other Creditors who are yet to file their claims to complete the attached Proof of Debt (PoD) forms and send together with all supporting documents to the following email addresses: All completed PoD forms for the Savings and Loans in Receivership should be sent to: gh_receivership23savingsandloans@pwc.com and deborah.obodai@pwc.com All completed PoD forms for the Microfinance Companies in receivership should be sent to:  gh_receivership347microfinance@pwc.com  and  deborah.obodai@pwc.com Kindly deliver the hard/original copy to the following address: The Receiver,54 Olusegun Obasanjo High Way,Opposite Accra Girls Senior High SchoolPMB CT42, CantonmentsAccra, Ghana Microfinance Companies – Proof of Debt Form (Depositors) Microfinance Companies – Proof of Debt Form (Other Creditors) Savings and Loans – Proof of Debt Form (Depositors) Savings and Loans -Proof of Debt Form (Other Creditors)

IN THE MATTER OF THE BANKS AND SPECIALISED DEPOSIT-TAKING INSTITUTIONS ACT, 2016 (ACT 930) ANDIN THE MATTER OF THE RECEIVERSHIPS OF THE 347 MICROFINANCE COMPANIES AND THE 23 SAVINGS & LOANS AND FINANCE HOUSE COMPANIES  NOTICE TO ALL BORROWERS AND LOAN DEFAULTERS Pursuant to Section 123 (1) of the Banks and Specialised Deposit-Taking Institutions Act, 2016 (Act 930) (“the Act”), Bank of Ghana (“BoG”) on 31 May 2019 and 16 August 2019 revoked the operating licenses of 347 insolvent Microfinance Companies and 23 Savings and Loans and Finance House Companies respectively, and in accordance with Section 123(2) of the Act appointed Eric Nana Nipah, a Director of PricewaterhouseCoopers Ghana Limited (“PwC”) as the Receiver for the purposes of winding down the affairs of these Companies. Section 127 (3) of the Act mandates the Receiver to realise all assets of the resolved companies, including outstanding loans and advances, for the benefit of creditors. Accordingly, the Receiver wishes to once again notify the general public, especially persons/institutions who have outstanding loan obligations to these resolved companies to visit any of the maintained branches of these institutions for the repayment of their outstanding loans. The list of the maintained branches is shown on the adjacent table and can also be accessed on the Receiver’s website (www.ghreceiverships.com). Borrowers may also settle their outstanding obligations to the resolved companies through the respective MTN MoMo numbers and/or receivership bank accounts listed in the adjacent tables. Borrowers may also settle their outstanding obligations through the Receiver’s designated representatives/agents authorised to do so. If unsure of these designated persons/ agents, please call the Receiver’s Call Centre on 0242439441 for confirmation. The Receiver entreats all borrowers to cooperate with his agents in this regard. Borrowers are to note that the Receiver will continue to accrue interest on all their outstanding loan obligations should they fail to pay or reach a settlement agreement with the Receiver immediately. Borrowers are to note also that, the Receiver will pursue all recalcitrant defaulters through all available means as permitted by Act 930 including, but not limited to, legal actions and publishing names of recalcitrant defaulters in national and international newspapers. For further information on the Loan Repayments, please call 0242439441/ 0302960208 or send an email to: projectdomino.loans@gmail.com (for the Microfinance Companies) or projectbluemoonloans@gmail.com (for the Savings and Loans and Finance House Companies). You may also write to the; The Receiver,54 Olusegun Obasanjo High Way,Opposite Accra Girls Senior High SchoolPMB CT42, CantonmentsAccra, Ghana Thank you. SIGNED ERIC NANA NIPAH Download PDF