Audio By Carbonatix
The Security and Exchanges Commission (SEC) has selected the Consolidated Bank of Ghana Limited (CBG) as a validation point for customers of 53 defunct Fund Management Companies.
In a release Wednesday, the Commission said, “effective Monday, November 18, the branches of Consolidated Bank of Ghana Limited (CBG) will open to receive from clients of the affected FMCs, evidence of investment claims such as investment certificates, account statements, receipts and other relevant documentation for validation.”
According to SEC, the offices of the affected FMCs will, however, remain closed until further notice.
“We will issue further notice on commencement of payment to investors whose claims have been validated. Investors are advised to visit the designated CBG branches assigned to the affected FMCs for repayment of investments made and any other enquiries relating to the revocation of their affected FMCs.
Below is a mapped branch network of CBG branches to the offices of the affected Fund Management companies.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
Refrain from unauthorised fiat currency wallet services – BoG to banks, electronic money issuers
14 minutes -
Kofi Matthew warns TEIN-UCC against allowing their potential to be exploited for others’ personal battles
22 minutes -
Ghana, EU seek closer cooperation on export compliance and market access
25 minutes -
KNUST Nkabom Collaborative opens pitch session to support young agripreneurs with business funding
3 hours -
Former Foreign Affairs minister and Ex-ECOWAS Commission President James Victor Gbeho dies at 91
4 hours -
Illegal dumpsite washed into Weija Lake after floods, raising public health fears
4 hours -
NACOC partners GJA to combat substance abuse and illicit drug trafficking in Ghana
4 hours -
Football’s greatest legends prepare for their final World Cup
4 hours -
Sammi Awuku questions whether GTA board chair Gertrude Donkor meets Tourism Act private sector requirement
4 hours -
Providence turns red, gold and green as Tribe Culturefest ignites Ghana’s World Cup fever
4 hours -
Asantehene to attend tribe Culturefest’s fan festival at Toronto’s Sankofa Square
4 hours -
Former Chief Justice Sophia Akuffo resigns from the Council of State
5 hours -
Health workers struggle to contain Ebola in Congo camps as distrust grows
6 hours -
Richie Mensah unveils ‘The Octave’ as latest addition to Lynx Electronics family
6 hours -
Motorists, pedestrians alarmed over faulty streetlights on Achimota Forest stretch
6 hours