Audio By Carbonatix
Members of the Coalition of ex-staff of defunct Fund Management Companies have called out to government to include them in its bailout programme for the depositors of collapsed financial companies.
The group, characterised by several individual workers whose licenses were revoked in 2019 after the Bank of Ghana’s (BoG) clean-up process, say before the exercise was carried out most of them were owed salary arrears.
"We the ex-staff therefore are appeal to the government to include us in the bailout and pay our salary arrears and severance package immediately to alleviate the long suffering," the statement read.
In their statement signed by the spokesperson of the group, Theo Painstil, the coalition lamented over the unfavourable living conditions they have had to endure as a result of the clean-up exercise.
According to the coalition, life has become "unbearable in the midst of Covid-19 pandemic", resulting in some of them being ejected from their homes from unpaid rent.
Members of the Coalition are therefore appealing to the government to pay their arrears, as well as their severance packages.
Meanwhile, Director-General of the Securities and Exchange Commission, Reverend Daniel Ogbarmey Tetteh has announced that the first batch of affected clients of the collapsed Fund Management Companies will receive their refund by Wednesday, September 30, 2020.
Latest Stories
-
Fire destroys wooden structure near Yesu Mo Villa at Bush Road
1 second -
NDC threatens sanctions over oversized campaign posters, gives aspirants 5 days to comply
53 minutes -
Star Oil paid GH¢2.7bn in taxes, levies in nine months of 2026
1 hour -
Samson’s Take: The rule of law is cheaper before the bulldozer
1 hour -
GRA blames system failure for delay in issuing receipt over passenger’s customs duty
1 hour -
Livestream: Newsfile discusses World Cup visa scandal, beach demolitions, education strikes, BRICS bid
2 hours -
NC-PTAs welcomes end of teachers’ strike, urges parents to prepare children for Monday
2 hours -
Government procures over 2,000 transformers as Ghana’s electricity access hits 89.13% – Energy Minister
2 hours -
UTAG-UG threatens strike on October 19 over unpaid allowance
2 hours -
Let The Constitution direct Chieftaincy to deliver “All Development Is Local”
3 hours -
John Jinapor outlines renewable energy, nuclear power priorities for 2027
4 hours -
Ghana explores centre of excellence for hearing, communication and cochlear implant care
5 hours -
Schizophrenia-related disorders lead mental health cases recorded in Ghana
5 hours -
Dutch authorities enlist Ghana in hunt for fugitive drug lord Bolle Jos
6 hours -
Ghana housing finance conference adopts communiqué to improve affordable housing access
10 hours