The Receiver for the 347 insolvent Microfinance Companies (MFCs), has dismissed reports that he is engaging some customers to receive payments of their invested funds.
Eric Nipah says such reports making the rounds in the Ashanti Region are false and should be treated with the contempt it deserves.
There have been reports in the region calling on customers of Jasper Motors, Care for Humanity, God is Love and Perfect Edge to submit documentation of their claim to A One Microfinance for processing of their claim and payment.
But the Receiver said none of the aforementioned companies is under his receivership warning that people who do business with those MFCs do so at their own risk.
Mr Nsiah said customers are not supposed to go to A One Microfinance for payment of any kind whatsoever.
He added that for those in his receivership, the validation process is still on-going.
According to the Receiver, he will publish any relevant information concerning the Receivership process.
He advised the general public to confirm the veracity of any communication purporting to be coming from the office of the Receiver.
The aforementioned banks were part of the 347 microfinance institutions that had their licenses revoked by the Bank of Ghana (BoG) in May this year.
In accordance with Section 123(2) of Act 930, the central bank appointed Eric Nana Nipah, a Director of PricewaterhouseCoopers (Ghana) Limited (“PwC”) as Receiver for the purposes of winding down the affairs of microfinance 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
-
Omane Boamah could have ended Galamsey menace – Ablakwa
13 minutes -
Afriyie Ankrah warns defiant prophets of public backlash over prophecy directive
14 minutes -
Omane Boamah crafted major health policies in NDC manifesto – Ablakwa
16 minutes -
Pensions Regulatory Authority urges churches to own tier three pensions, register members
17 minutes -
Speaker urges nation to heed spiritual prophecies after deadly helicopter crash
19 minutes -
Honour helicopter crash victims by combating illegal mining – Nii Moi Thompson to gov’t
25 minutes -
Ablakwa mourns victims of helicopter crash, calls it a ‘tragedy of monumental proportions’
29 minutes -
Make our Hansard easily accessible online – Parliamentary leadership
30 minutes -
Helicopter crash: São Tomé and Príncipe President commiserate with Ghana
38 minutes -
Tema Traditional Council to ban expensive funerals
39 minutes -
Michael Jackson’s ‘dirty’ sock sells for more than $8,000 at French auction
40 minutes -
Election Watch Ghana urges postponement of Akwatia by-election
43 minutes -
Helicopter crash: Col. Festus Aboagye narrates steps that stalled search team’s ‘late’ arrival
46 minutes -
Bright Simons questions military’s readiness for forest rescue operations after deadly crash
1 hour -
Helicopter crash: Thank you for your show of support – President Mahama to President Bio
1 hour