Receiver grants depositors of collapsed S&L companies lifeline to file for claims

Receiver grants depositors of collapsed S&L companies lifeline to file for claims

Depositors and customers of the 23 savings and loans companies and finance houses whose licenses were revoked by the central bank in August 2019 have been given an extension of deadline to file for their claims.

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According to the receiver, Eric Nana Nipah, the lifeline became necessary because he realized some depositor of these collapsed institutions have not and are yet to submit their proof of debt forms.

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He said in a statement that the depositors now have up to Friday, October 18, 2019 to submit their PoDs for validation.

"Notice is hereby given that depositors who have not yet submitted their claim forms should do so on or before Friday 18th October 2019 for validation,’’ the statement noted.

The statement further noted that, after this date, the receiver will conclude that there are no more outstanding claim forms to be submitted.

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Consequently, it is the intention of the Receiver to extend the period for depositors to submit their PoD forms to accommodate the needs of depositors who are yet to do so. earlier reported that two persons, including’s cameraman sustained injuries when the police fired rubber bullets and sprayed cold water on the law students who went on protest in the capital Accra on Monday, October 7.

Narrating the incident, the YEN reporter, Philip Abutiate, who was also on the scene, said without any provocation, the police who were supposed to protect the protesters stated firing rubber bullets into the crowd.

Ghana News Today: Police Violently Disperse Peaceful Student Protesters | #Yencomgh

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