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We are working to pay customers- Paa kwesi Nduom
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Businessman and President of Groupe Nduom, Dr Paa Kwesi Nduom, has assured customers of GN Savings that efforts are ongoing to recover locked up funds and settle outstanding payments.
According to him at a press conference in Accra on Friday, May 29, he said, the company is committed to ensuring that customers whose monies remained unpaid after the revocation of the bank’s licence would eventually receive what was due them.
Dr Nduom explained that many people were made to believe that all customers had already been paid after a receiver was appointed to handle claims following the collapse of GN Savings.
He recalled that former President Nana Addo Dankwa Akufo Addo and former Governor of the Bank of Ghana, Dr Ernest Addison, had repeatedly encouraged customers to file their claims with the receiver for payment.
However, he noted that companies under Groupe Nduom had still not received funds deposited with the bank.
“Our businesses saved and deposited their monies with our bank. When the licence was taken, they decided not to pay back the funds that were there. Those monies have remained locked up,” he stated.
Dr Nduom indicated that the company was engaging the Bank of Ghana and the receiver to reconcile accounts and determine how much money remained unpaid.
He added that he was not aware of who had been paid by the receiver or the amount involved, stressing that a proper accounting process was needed.
According to him, if the reconciliation process confirmed that some legitimate customers were still owed, steps would be taken to ensure they were paid.
He maintained that discussions with the Bank of Ghana are ongoing and expressed confidence that the matter would be resolved.
By: Jacob Aggrey
Mr. Alban Sumani Kingsford Bagbin has announced private sector led initiative that will see “Visit Ghana” on the “front of jersey” of Sunderland Football Club for the 2026/2027 football season.
The “Visit Ghana” project is a special marketing drive that will have presence on the front of jersey of Sunderland Football Club during the English Premier League.
Under this initiative, Sunderland FC will have on the front of their jerseys, “Visit Ghana” as part of efforts to drive and promote tourism in Ghana.
“We are entering a formal engagement with them to put Visit Ghana on their jerseys and all paraphernalia.
“We have gone far with the discussions, and therefore they usually showing interest,” Mr. Bagbin stated this at the 37th sitting of Parliament.
Mr. Bagbin explained further that, the initiative is not being sponsored by Parliament, but by the private sector adding that, the project will boost tourism in Ghana.
“This is not being sponsored by parliament. Infact the main sponsor is from the private sector, we are leading under my canopy to get this done.
“The GFA, the Ministry of Sports and Recreation and the Ministry of Finance have also been very supportive in this project,” he stated.
The Visit Ghana Front of Shirt Partnership with Sunderland, is expected to make Ghana the first African country to occupy such a position with a premier league club, and also offer global promotion for Ghana through EPL broadcasts, digital platforms and international media channels.
Motorists traveling between Accra and Kumasi are facing major delays today following a serious road crash at Birimso Bridge on the N6 Highway.
The accident, which involved a high-occupancy passenger bus, a loaded articulated truck, and a sedan, has completely blocked both lanes of the highway. As a result, all Accra-bound and Kumasi-bound traffic has been brought to a standstill.
Personnel from the Eastern South Regional Police MTTD, based in Kibi, are currently at the scene managing the situation.
To ease congestion, police have put in place temporary traffic diversions effective today.
By Edem Mensah-Tsotorme
