- The government-appointed receiver, Eric Nana Nipah, has hinted of possible prosecutions related to claims made by some depositors
- He added that the process is in collaboration with EOCO and starts from August 2020
- Nipah revealed that a lot of work has been done and the Attorney-General would begin prosecutions in that regard
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The receiver for 347 microfinance companies and 23 savings & loans companies and finance houses, Eric Nana Nipah, says there would be prosecutions relating some claims made by depositors.
According to him, measures are in place to ensure that the process starts in August 2020.
Nipah noted that, at present, claims amounting to about GHc5.4 billion have been settled.
He added that the Economic and Organised Crimes Office (EOCO) has been helpful with respect to assets valued at GHc500 million.
Nipah explained that his outfit is not only responsible for releasing funds to validated depositors, but also for recoveries and prosecutions.
He noted that extensive work has already been done and the office of the Attorney-General would soon get to work on the matter.
YEN.com.gh earlier reported that the government-appointed receiver with respect to the defunct 347 microfinance companies and 23 savings & loans and finance houses, Eric Nana Nipah, has revealed that all unpaid customers will receive their claims by the end of July.
He indicated that about 98% of the customers have been paid and the rest would receive what is due to them in a few weeks.
Nipah added that he has successfully saved Ghana about GHc1 billion by scrutinising fake claims.
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