Goil

Customers, including many state-owned organisations, have started piling pressure on the National Trust Holding Company (NTHC) for their investments running into several millions of Ghana cedis. Over GH¢400 million of investors’ funds are locked up at the NTHC, making several distressed investors of the firm uncertain as to when their investment will be unlocked at the NTHC. Workers of Ghana Oil (GOIL), including retired staff who have about GH¢ 30 million locked up at NTHC, have threatened legal action if the investment fails to pay them their money within a stipulated timeline. The workers, who number about 120, said in…