Securities and Exchange Commission

Locked-Up Funds: First Tranche Of GHS 700m To Be Disbursed By End Of Month

Locked-Up Funds: First Tranche Of GHS 700m To Be Disbursed By End Of Month

Customers set to benefit from the government’s bailout package for investors of locked-up funds will have their accounts credited soon. This follows the conclusion of engagements between GCB Capital as the lead fund manager and the investors over the road map for the first tranche of payments. The finalisation of the terms means the funds are expected to be received by the end of September. The investor engagement held last week was to bring investors up to speed after the government announced the release of GHS 700 million as the first tranche of the GHS 1.5 billion bailout package.  Citi…
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