{"id":686623,"date":"2019-08-20T13:31:17","date_gmt":"2019-08-20T13:31:17","guid":{"rendered":" <br><div data-io-article-url=\"https:\/\/www.adomonline.com\/read-what-receiver-of-collapsed-savings-and-loans-intends-to-do-with-depositors-funds\/\">\n            <div class=\"td-post-featured-image\"><figure><img width=\"696\" height=\"517\" class=\"entry-thumb td-"},"modified":"2019-08-20T13:31:17","modified_gmt":"2019-08-20T13:31:17","slug":"read-what-receiver-of-collapsed-savings-and-loans-intends-to-do-with-depositors-funds","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2019\/08\/20\/read-what-receiver-of-collapsed-savings-and-loans-intends-to-do-with-depositors-funds\/","title":{"rendered":"Read: What Receiver of collapsed savings and loans intends to do with depositors&#8217; funds"},"content":{"rendered":"<p><\/p>\n<div data-io-article-url=\"https:\/\/www.adomonline.com\/read-what-receiver-of-collapsed-savings-and-loans-intends-to-do-with-depositors-funds\/\">\n<div class=\"td-post-featured-image\">\n<figure><img loading=\"lazy\" decoding=\"async\" width=\"696\" height=\"517\" class=\"entry-thumb td-modal-image\" src=\"https:\/\/ghanamma.com\/wp-content\/uploads\/2019\/08\/Savings-BoG-696x517.jpg\"   alt=\"Eric Nipah, Receiver for collapsed Micro-finance and Micro-credit institutions\" title=\"Eric Nipah, Receiver for collapsed Micro-finance and Micro-credit institutions\"\/><figcaption class=\"wp-caption-text\">Eric Nipah, Receiver for collapsed Micro-finance and Micro-credit institutions <\/figcaption><\/figure>\n<\/div>\n<p>Eric Nipah, Receiver of Savings and Loans entities, which licences have been revoked, has allayed the fears of customers, saying the government has made funds available to pay them their deposits.<\/p>\n<p>He has disclosed that his outfit was making available claims forms for customers to fill and present for claims by September 12, 2019, for this purpose. <\/p>\n<p><strong>ALSO READ: Murder of Otumfuo\u2019s relative: Farmer, Preacher give \u2018key evidence\u2019 to police<\/strong><\/p>\n<p>\u201cCustomers have to provide basic personal and contact info and indicate the amount owed,\u201d he explained.<\/p>\n<p>\u201cUpon validation of depositors\u2019 claims, they will be contacted and their monies will be paid; the government has made available funds for this purpose,\u201d  Mr Nipah explained further. <\/p>\n<p>According to him, he has an obligation to secure the assets, books and records of these institutions and pay validated claims to depositors and creditors in the hierarchy provided for by law. <\/p>\n<p><strong>ALSO READ: MP\u2019s affair revealed by friend at his funeral<\/strong><\/p>\n<p>Speaking in an interview on Joy FM\u2019s <strong>SMS show<\/strong>, Mr Nipah disclosed that he was working with some partners to ensure the deposits of customers of the affected institutions were retrieved.<\/p>\n<p>\u201cI have representatives across the country who moved over and took control of these institutions. We had to take control by securing them: that is by locking them with our own locks,\u201d he said.<\/p>\n<p><strong>ALSO READ: Audio: Shut down of GN Savings and Loans attempt to \u2018murder\u2019 Nduom \u2013 Groupe Nduom Veep<\/strong><\/p>\n<p>Mr Nipah also added that the cooperation of staff from the affected institutions will greatly enhance the work of the receiver and its partners.<\/p>\n<p>\u201cWe, initially, will need the help of the staff of these companies and we will enlist them as consultants to direct us when it comes to the review of the documents,\u201d he explained.<\/p>\n<p><strong>Source: Adomonline.com|Dorcas Abedu-Kennedy<\/strong><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Eric Nipah, Receiver for collapsed Micro-finance and Micro-credit institutions Eric Nipah, Receiver of Savings and Loans entities, which licences have been revoked, has allayed the fears of customers, saying the government has made funds available to pay them their deposits. He has disclosed that his outfit was making available claims forms for customers to fill [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":686624,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"class_list":["post-686623","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Read: What Receiver of collapsed savings and loans intends to do with depositors&#039; funds - Ghanamma.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ghanamma.com\/2019\/08\/20\/read-what-receiver-of-collapsed-savings-and-loans-intends-to-do-with-depositors-funds\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Read: What Receiver of collapsed savings and loans intends to do with depositors&#039; funds - Ghanamma.com\" \/>\n<meta name=\"twitter:description\" content=\"Eric Nipah, Receiver for collapsed Micro-finance and Micro-credit institutions Eric Nipah, Receiver of Savings and Loans entities, which licences have been revoked, has allayed the fears of customers, saying the government has made funds available to pay them their deposits. 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