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Thursday, August 18, 2022

Customers of Gold Coast Fund Management demand refund of deposits

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A group calling itself the Coalition of Aggrieved Customers of Gold Coast Fund Management, GCFM is demanding the pay back of their fixed deposit investments which its members have with the company.

The Coalition has accused the Securities and Exchange Commission and the Bank of Ghana of conniving with the Gold Coast Fund Management, owned by Dr. Papa Kwesi Nduom, to misappropriate investments of its members.

It has therefore given the government five days to address grievances of its members, failure of which they will go on a demonstration to lodge their protest against what they term grave injustice.

The warning was given at a news conference in Kumasi.

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