Gold Coast

Don’t Blame Finance Ministry For Delay In Payment Of Bailout Funds To Gold Coast Customers – SEC

Don’t Blame Finance Ministry For Delay In Payment Of Bailout Funds To Gold Coast Customers – SEC

The Securities and Exchange Commission (SEC) has pointed out that the Ministry of Finance cannot be blamed for the delay in payment of bailout funds to affected customers of Gold Coast Fund Management Limited. According to the SEC, the delay in payment of bailout funds to the affected customers is not due to the refusal of the Ministry of Finance to provide funds. It rather said in a statement that “The delay is principally due to the legal action by Blackshield/Gold Coast contesting the liquidation petition brought by the Official Liquidator (Office of the Registrar of Companies) at the request…
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SEC Assures Defunct Gold Coast Fund Management Customers Of Payment Of Locked-Up Funds

SEC Assures Defunct Gold Coast Fund Management Customers Of Payment Of Locked-Up Funds

The Securities and Exchange Commission (SEC) has assured the aggrieved customers of the defunct Gold Coast Fund Management that their petition would be relayed to the appropriate quarters. This comes after a three-day picketing at the premises of the commission. Receiving the petition on behalf of the Director General of SEC, Head of Communications and External Affairs, Dr. Godwin Ansah, said his outfit will expedite processes in ensuring these customers are paid on time. “We cannot agree with the numbers by their representatives, but we were very clear in terms of what we have done so far”. “Over 73, 000…
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