
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
-
AFCON 2027Q: Kurt Okraku backs ‘good enough’ Black Stars to fight for Ghana
5 minutes -
Debt financing, expenditure are key risks to liquidity, exchange rate – BoG
7 minutes -
BoG warns of pressure on reserves as GoldBod pauses exports
14 minutes -
No player will intentionally decline national team call-up – Kurt Okraku
21 minutes -
AFCON 2027Q: ‘No player deliberately turned down Ghana’ – Kurt defends injury withdrawals
43 minutes -
The Luckiest launches 4th edition of annual promotion with nationwide activations
1 hour -
Ecobank calls for wider access and stronger collaboration on agricultural finance
2 hours -
Agribusinesses need more than loans to reach their full potential – Ecobank
2 hours -
Green finance must deliver measurable benefits to Ghanaian farmers – Ecobank
2 hours -
Today’s front pages: Wednesday, September 23, 2026
2 hours -
Ghanaian pastor, Rev Emmanuel Boakye-Danquah on the run over alleged counterfeit currency syndicate
2 hours -
Give Teshie Desalination to Kasapreko or Accra Brewery
3 hours -
Absa Bank Ghana and IFC announce $50m facility to expand cocoa financing
3 hours -
Ghana’s economic revival: Turning financial stability into economic prosperity
3 hours -
AFCON 2027Q: Black Stars to depart Accra for Bouaké ahead of Ivory Coast clash
3 hours