SALE OF LANDED PROPERTIES, CHATTELS AND USED VEHICLES

IN THE MATTER OF THE BANKS AND SPECIALISED DEPOSIT-TAKING INSTITUTIONS ACT, 2016 (ACT 930)   IN THE MATTER OF THE RECEIVERSHIPS OF THE 347 MICROFINANCE COMPANIES AND THE 23 SAVINGS & LOANS AND FINANCE HOUSE COMPANIES NOTICE TO THE GENERAL PUBLIC SALE OF LANDED PROPERTIES, CHATTELS AND USED VEHICLES OF THE 347 MICROFINANCE COMPANIES AND […]

NOTICE TO ALL BORROWERS AND LOAN DEFAULTERS

The receiver for 347 collapsed Microfinance companies and 23 Savings and Loans and Finance House Companies in a statement issued to the general public, person/persons/institutions who took loan facilities from these defunct companies are to visit any of the maintained branches of these institutions for repayment of the loans immediately. “Notice to all Borrowers and […]

UPDATE – RECEIVER TO PAY OUTSTANDING LOCKED UP FUNDS AFTER 2ND LEVEL VALIDATION IN MAY 2020 – GOV’T

The Receiver of the defunct Microfinance companies and savings and loans firms is set to complete a second level of validation processes to pay all affected customers whose funds were locked up after the licenses of those institutions were revoked by the Central Bank. The Minister of Information, Hon. Kwadwo Oppong Nkrumah as part of […]

DEFUNCT BANKS CEOs CASES GET MAY ADJOURNMENT

The Trials of owners and heads of defunct banks whose actions allegedly led to the banking crisis in recent years have been adjourned to latter parts f May due to restrictions imposed on the courts as measures to fight the Covid-19 pandemic. A total of 19 persons who were involved in the running of the […]