Business conglomerate, Groupe Nduom, has said that its Chairman Dr Papa Kwesi Nduom is not preventing the payment of locked-up funds to customers of its financial subsidiaries.
They maintain that it was the government that rather owes them monies to the tune of GHC 3.5billion and ready to have an arrangement to have the monies paid directly to customers of GN Bank and Blackshield (formerly Gold Coast).
The government, on the other hand, insists it owes the firm only GHC 30.33 million.
The Bank of Ghana (BoG) downgraded GN Bank to a Savings and Loans and subsequently revoked the licence completely.
Blackshield, an investment company under the conglomerate, did not also survive the cancellation of the licences of fund managers.
GN Bank is seeking redress in court, but customers who monies are locked up have embarked on a series of demonstration to get their monies back.
In a release, copied to theghanareport.com, GN Group said: “Dr Nduom wishes it to be known that in case any government agency does not want to pay the receivables through the Groupe Nduom companies, Dr Nduom will agree to have his managers sit down with them and work out how customers can be paid directly”.
The firm said the past three year’s its chairman has been pleading for the payment of receivables due to contractors for projects his companies financed for the Road Fund, GetFund, COCOBOD, Ministry of Roads and Highways and others; and private sector companies.
They emphasised that the “funds do not belong to Dr Papa Kwesi Nduom”.
Hence, “anyone who ignores or deliberately refuses to cooperate with us to retrieve those monies denies the customers access to their investments”.
They haven’t pay me yet
GN bank promised to send me text message to go for my money but haven’t received anything yet
To GN and this government, why are maltreating us? We,, customers need our money before you face each other if you have any issue to drag.
Pay us
The biggest crook in town is Nduom and he wanted to be president of this country. I placed a treasury bill with Goldcoast securities in 1996 in kumasi. Because of poor record keeping on his part I have lost a lot of money. Imagine the maturity in 2020, if I was to redeem it. Meanwhile he has run away to UK. We rest our case with the almighty.
I have not received any massage yet
Give as our monies and go and sort out your differences with the government, did we sign any agreement with you to use our money to fund these companies you are talking about? You should know that one government does not stay forever. Don’t make your mistakes and kill people who made you who you are today.
I regret so much ever voting for you.
You would have sold Ghana as well for your personal gains.
God is always watching greedy people
I have not received any massage nor any assurance of my money in gn savings, what is going on?
Please I never received a message to go for validation. Please what do I do now that they are paying? Kindly help me on how to get my money too please please. Thank you.
I have not been paid
Wen exactly will we receive our money bcus as at now my rent is due n the Landlord is on be my neck..plz let us know sooner than later
Wen exactly will we receive our money bcus as at now my rent is due n the Landlord is on be my neck..plz let us know sooner than later if possible gb is the sms n guarantee us
I filled the forms almost 2 years now… But I haven’t receive anything…. My sister just filled it a few months ago but She has been paid…….
I’m begging you
When would my money will be paid to
Is GN or gold Coast securities still paying customers? Its been more 5 years now since I invested and no money has been paid back to me. Does anyone know when again people will be paid by Gold Coast securities