Audio By Carbonatix
Some aggrieved customers of NDK Finance are demanding the release of their locked-up funds several years after the government’s financial sector cleanup exercise.
The customers say despite assurances from the company, they are yet to receive the full amounts owed to them.
One affected customer, Mr. Buabasah, told Joy Business that while a portion of his investment has been paid, a significant amount remains unpaid.
“It is very sad that my money is still locked-up years after the financial sector clean up. I don’t have any money now. A big portion of my money is still locked up. This is unfair to us the investors”, he lamented.
Another customer, who preferred to remain anonymous, said the delay has made it difficult to pay her children’s school fees and meet other basic needs.
“I put all my money into NDK Finance. Now I have lost everything. I can’t even pay for the school fees of my children. Times are very difficult for us. We pray the government comes to our aid”, she appealed.
According to the customers, several attempts to seek updates from NDK Finance have yielded no positive response.
When Joy Business contacted authorities at NDK Finance, they explained that the delay is due to unresolved issues with the Bank of Ghana, following the financial sector cleanup exercise.
Many of the affected investors are calling on the central bank and the Ministry of Finance to intervene and help recover their funds.
Latest Stories
-
Haruna Mohammed rules out removal of names from NPP album
32 seconds -
Volta House of Chiefs nullifies enstoolment of Roland Adiko as paramount chief of Tanyigbe, affirms rotational succession
55 seconds -
FACT CHECK: Kennedy Agyapong’s claim that Adenta is a traditional NPP seat and that Bawumia did not campaign there is false
2 minutes -
Iran: Videos from mortuary show how deadly protests have become
4 minutes -
Over 2,000 screened as Ashanti Region Police recruitment exercise progresses
14 minutes -
Mallam Market chaos: Traders flout rules, crippling Accra-Kasoa Highway
14 minutes -
Preparations for NPP presidential primaries nearly complete — Haruna Mohammed
32 minutes -
AFCON 2025: the dominance of African coaches
34 minutes -
31 granted bail over illegal mining in Apramprama forest reserve
59 minutes -
Son of Iran’s exiled late monarch urges supporters to replace embassy flags
1 hour -
Gold Empire Resources applauds gov’t crackdown on illegal mining; calls for prosecution of financiers and sponsors
1 hour -
Western North NPP raises alarm over cocoa sector neglect, cites lack of funds and jute sacks
1 hour -
Government still owes IPPs over $700m in legacy debt — JoyNews Research
1 hour -
Isaac Adongo secures GHS 700,000 for Beongo CHPS Compound as GPHA extends CSR up north
2 hours -
Charge Ofori-Atta and stop the public commentary – Frank Davies tells AG
2 hours
