The receiver is set to pay GH₵151.8 million to 5,637 former staff of 209 defunct Specialised Deposit Taking Institutions (SDIs) as outstanding salary arrears and compensation due them before the end of this month. This follows the Bank of Ghana (BoG) making available funds to the receiver and official liquidator to fully settle employee-related claims […]
The Receiver for the defunct 347 Microfinance Companies and 23 Savings and Loans Companies and Finance Houses, Eric Nana Nipah, says the government is not only interested in recovering assets and paying depositors, but will also commence prosecutions from August this year. In an interview with Citi Business News, Mr. Nipah, who has assured a […]
The Receiver of the defunct 347 Micro Finance Companies, 23 Savings and Loans and Finance Houses, Eric Nana Nipah, says customers who have not received their claims, should be able to access them by the end of July this year. According to Mr. Nipah, he has already paid about 96% of customers, and is hopeful […]
IN THE MATTER OF THE BANKS AND SPECIALISED DEPOSIT-TAKING INSTITUTIONS ACT, 2016 (ACT 930) IN THE MATTER OF THE RECEIVERSHIPS OF THE RESOLVED 347 MICROFINANCE COMPANIES AND THE 23 SAVINGS AND LOANS AND FINANCE HOUSE COMPANIES NOTICE OF FULL PAYMENT OF OUTSTANDING SALARIES AND NEGOTIATED AND AGREED EXIT PACKAGES TO EX-STAFF OF THE RESOLVED MICROFINANCE […]
One of the receivers of the defunct Capital Bank, Mr Vish Ashiagbor, yesterday took the witness box to testify as a prosecution witness in the trial of the Founder of the bank, William Ato Essien, and three others who have been accused of collapsing the bank. Mr. Ashiagbor and Mr. Eric Nana Nipah, both Directors […]
IN THE MATTER OF THE BANKS AND SPECIALISED DEPOSIT-TAKING INSTITUTIONS ACT, 2016 (ACT 930) IN THE MATTER OF THE RECEIVERSHIPS OF THE 347 MICROFINANCE COMPANIES AND THE 23 SAVINGS & LOANS AND FINANCE HOUSE COMPANIES NOTICE TO THE GENERAL PUBLIC SALE OF LANDED PROPERTIES, CHATTELS AND USED VEHICLES OF THE 347 MICROFINANCE COMPANIES AND […]
CBG ACCOUNT NUMBERS FOR REPAYMENT OF LOANS BY LOAN DEFAULTERS OF THE DEFUNCT MICROFINANCE COMPANIES 1 1st Eye Microfinance Company Limited 1297002100007 2 Abepa Microfinance Limited 1297002100008 3 Acea Microfinance Co. Limited 1297002100009 4 Adom Sika Microfinance Limited 1297002100010 5 Advalue Microfinance Limited 1297002100011 6 […]
LIST OF ACCOUNT NUMBERS FOR LOAN REPAYMENTS OF DEFUNCT SAVINGS AND LOANS No CBG ACCOUNT NUMBERS FOR LOAN REPAYMENTS BY DEFAULTERS OF THE DEFUNCT SAVINGS AND LOANS COMPANIES Account Type Account Number 1 GN Savings and Loans (In Receivership) GHS 1315515100002 USD 1315515100003 2 Accent Financial Services(In Receivership) GHS 1315515100004 […]
The receiver for 347 collapsed Microfinance companies and 23 Savings and Loans and Finance House Companies in a statement issued to the general public, person/persons/institutions who took loan facilities from these defunct companies are to visit any of the maintained branches of these institutions for repayment of the loans immediately. “Notice to all Borrowers and […]
The Chief State Attorney, Marina Appiah Opare, has said the plan by Mr. Willaims Ato Essien, CEO of the defunct Capital Bank, to pay the funds will not stop the trial from proceeding since the negotiation will affect only four of the charges. He and three others are facing 26 charges for various roles they […]