Some customers of the defunct Savings and Loans Companies have confirmed receipt of their locked-up funds.
The receipt of funds was disclosed by the Chairman of the Coalition of Affected Savings and Loans Customers, Kofi Sarpong, in an interview with Class Business’ Pious Backah.
Mr Sarpong asserts that a minority of the affected members have received payments with a majority of the members still waiting to receive their locked funds from government.
Addressing the question as to why majority of the affected customers had not been paid, Mr Sarpong noted that it was due to some infractions on their payment claims, hence the delay and difficulty in being paid by the Receiver.
“Some have been paid and some have not, those who have not been paid is as a result of one or two challenges,” he stated.
Thousands of depositors on Wednesday, 16 September 2020 trooped to the various branches of Consolidated Bank Ghana (GCB), across the country, to receive their outstanding claims in cash.
This was after the government released some Ghs 3.56 billion to the Receiver to facilitate payments.
