Students Loan To Publish Names Of 55,000 People Owing Upto 75 Million Cedis

Students Loan To Publish Names Of 55,000 People Owing Upto 75 Million Cedis

More than 55,000 people owe the Students Loan Trust Fund (SLTF) GH¢75 million, representing default in the repayment of the loans students took to cushion them while in school. Out of the number, about 35,000 have made some form of payment, leaving more than 20,000 who have not paid anything at all, after the two-year … Read more

Finally; Dr. Nduom Releases List Of 4,200 Companies, Institutions, Schools And Individuals Owing Him Up To 423 Million Cedis

Finally; Dr. Nduom Releases List Of 4,200 Companies, Institutions, Schools And Individuals Owing Him Up To 423 Million Cedis

As part of the processes initiated by the President and Chairman of Groupe Nduom (GN), Dr. Papa Kwesi Nduom through the Gold Coast Fund Management (GCFM) in court to recover investment funds and pay aggrieved customers of their locked-up investments, a list of companies and individuals indebted to GCFM has been released. READ ALSO:Nana Ama … Read more

Good news for business men & loan lenders: This new smartphone app detects debtors from a distance

Imagine how some people can get insensitive and vanish into thin air when they owe you huge sums of money? You probably have invested in a certain company and the owner(s) have escaped, this is good news for you! Authorities in the Chinese province of Hebei have created a smartphone app that has the ability … Read more

Over 1.4 Billion Cedis Locked Up In Consolidated Bank, Bank Unable To Pay Huge Depositors

Consolidated Bank Unable To Pay Huge Depositors

A total of 1.4 billion cedis belonging to other financial institutions is locked up with the Consolidated Bank as management of the bank says it does not have the cash flow to pay bulk depositors. Deputy MD of Consolidated Bank, Thiaru Ndugu who disclosed this at a Townhall meeting with workers of the bank, said … Read more