The receiver for the 347 microfinance companies collapsed by the Bank of Ghana has advised the public to disregard a statement asking customers of some defunct deposit-taking institutions to submit documentation for their claims to be processed.
A press release issued by PwC’s Eric Nana Nipah said the statement calls on customers of Jasper Motors, Care for Humanity, God is Love and Perfect Edge to submit documentation of their claim to A One Microfinance for processing of their claim and payment.
“The Receiver would like to make clear that none of the above-named companies are under its receivership and people do business with them at their own risk. Customers are not supposed to go to A ONE Microfinance for payment any kind whatsoever,” Mr. Nipah added.
The release further added that, for the microfinance institutions in receivership, the validation process is still on-going.
“Furthermore, the Receiver will publish any relevant information concerning the Receivership process. The general public is therefore advised to confirm the veracity of any communication purporting to be coming from the office of the Receiver,” he added.
The Bank of Ghana on May 31, 2019, revoked the licensed of 347 microfinance institutions and placed them under the receivership of Eric Nana Nipah of the PricewaterHouseCoopers (PwC).