The Managing Director of SIC Insurance Company Limited, Mrs. Doris Awo Nkani is expected to proceed on her accumulated annual leave effective Monday, January 26.
[contextly_sidebar id=”7YtYLNMro1PTvollijf765bTjf02mhCm”]This follows an advice from the board of SIC Insurance Company Limited as contained in a statement dated January 20, 2015.
This is to pave way for investigations to commence into the operations of the company after a non-bank financial institution, Ivory Finance, secured a court order, empowering them to access SIC’s accounts to take out all monies owed them.
SIC guaranteed an Italconstruct International Limited project but the company has since been unable to pay its lenders, Ivory Finance which later secured the garnishee order.
The Deputy Managing Director (Technical) Kwei Mensah Ashidam has been directed to act as Managing Director.
By: Rabiu Alhassan/citifmonline.com/Ghana