Hundreds of Customers of Gold Coast Security have massed up at Consolidated bank at Takoradi Market Circle to validate their claim documents.
The Securitues and Exchange Commission(SEC) recently appointed the consolidated Bank of Ghana limited(CBG) to Validate claims of affected customers of the 53 Fund Management Companies(FMCs) whose licences have been revoked .
Though the excerice was expected to start in Takoradi on 18th November 2018, Some Customers who spoke to Beachfmonline indicated that the excercise begun on 20th November.
Fitz a customer who came at 3am but has not been attended to as at 9:45am shared his faustration
“The security and exchange Commission revoked the licenses of 53 fund managers in the country, they announced November 18th to begin validation of claim documents as part of the grand plan to finally pay affected customers yet the excercise started on November 20th, as I speak we are about 700 to 800 people who have gathered here though some people have left, the process has not being able to verify just 20 people and this is very faustrating, as I speak i don’t even know if indeed the money will be paid, we have been standing for long hours “
” if we have president and elders in the country we have to get our money, why should we be the victims if the authority has issues with fund managers”
The customers of various funds Managers were required to come along with a form from Security and Exchange Commission, Photo Copy of Indentification Card and
Investment Certificate or reciept.