[ad_1]
Business news for Thursday, September 17, 2020
Source: www.ghanaweb.com
2020-09-17
Eric Nana Nipah
Click to read all about the coronavirus →
The coalition of former fund management company staff whose licenses were revoked is demanding arrears of their salaries from the Government of Ghana.
In a statement signed by Theo Paintsil, the group’s spokesman, staff are also demanding immediate inclusion in the government’s rescue package for their severance packages to be paid to alleviate their “long suffering”.
This request comes after the government released GH ¢ 3.56 billion to settle the remaining claims of depositors from 347 defunct microfinance companies and 23 savings and loan companies and finance houses.
The former staff in his statement recounted how cleaning up the financial sector and the challenges it brings have made their lives extremely difficult.
“Life has become so unbearable in the midst of the COVID-19 pandemic and its multiplier suffering effects on us former employees. Some of us have been kicked out of our apartments due to unpaid rents. We can no longer feed our families. We have depended on family and friends, but we are at the end of the road. The suffering is too much, “they lamented in the statement.
They continued: “Therefore, the ex-staff is appealing to the government to include us in the ransom and pay our back wages and severance package immediately to alleviate the suffering.”
Eric Nana Nipah, the government receivership administrator, who is also a director of PricewaterhouseCoopers (Ghana) Limited (PwC) in July 2020, stated that his team would pay the outstanding wages and negotiate the exit packages of the former employees of the defunct companies. .
Eric Nana Nipah noted: “” To enhance the economic impact of the resolution exercise on former employees of these affected companies, especially in these times of COVID, the Bank of Ghana has agreed to pre-finance the full settlement of claims related to employees who otherwise they classify as unsecured claims in the receivership of these companies. In the week that begins on Monday, July 13, 2020, the Trustee will engage with the authorized representatives of the former staff to agree on the modalities of payment of the pending salaries and the exit packages to the former officials of these resolved institutions ”.
Then he added that he would only fully liquidate the pending salaries and exit packages of former employees that have been duly validated, agreed and in the process of resolution.
Send your news to
and by WhatsApp in +233 55 2699 625.
