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Over Ghs 200 million payments made to clients of liquidated FMCs

5 years ago
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A little over Ghs 200 million has been credited to the accounts of clients of the 20 liquidated Fund Management Companies (FMCs).

The payments of claims by clients of the 20 FMCs on the back of a Ghs 1.4 billion bailout package announced by Goverenment, has seen more than 2,000 clients receive their locked-up funds.

Payments, according to the Managing Director (MD) of GCB Capital Limited, Kofi Awuku, have been made across all categories of clients identified in the claims verification process.

“Payments have been made to financial institutions, hospitals, schools, staff union associations and all other identified categories of customer claims,” he noted.

Speaking further, Mr Awuku noted that the remaining customers of the collapsed FMCs will have to go through the same claims verification process to have access to their locked-up funds.

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Tags: bailout packagecollapsed FMCsFMCsGCB CapitalMr Kofi Awuku
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