\t\t\t\tMany more expositions of investments gone bad have surfaced as Adom 106.3 FM\u2019s morning show has provided the platform for Ghanaians to narrate their stories.<\/p>\n
Prominent among the narrations was that of a Chartered Account, Kwadwo Ayerh, who alleged that attempts to recoup over 8 million Ghana Cedis investments made by him and some 40 others with Man Capital Partners is\u00a0becoming a mirage.<\/p>\n
READ ALSO: Audio: Government officials leave for Dubai to pursue extradition process of NAM 1<\/strong><\/p>\n This is because, according to him, the Chief Executive Officer (CEO) of Man Capital Partners, Michael Allan Asare has gone into hiding with investors not knowledge of his whereabouts.<\/p>\n <\/p>\n According to Mr Ayerh, contrary to the popular narrative that the public has often failed to do due diligence and background checks of investments firms prior to such investments, he and his colleagues did so and were confident in the firm because of the composition of its board and the institutions that have licenced\u00a0them.<\/p>\n \u201cMan Capital Partners was regulated by and licensed by the Security Exchange Commission (SEC) and had formidable board members which had the likes of Police CID boss, Maame Tiwaah Dankwah, Haruna Nelson and former Minister, Nene Mike Gizo so there was no way we could have doubted the credibility of the company,\u2019 he noted.<\/p>\n Mr Ayerh also stated that it will be important for SEC to sit up and take responsibilities for their actions.<\/p>\n READ ALSO: <\/strong>Re-living Nsoromma: Watch the emotions that followed Righteous Vandyke\u2019s victory<\/strong><\/p>\n \u201cThe company duly submitted their prudential return which we learned was never cross-checked by SEC but they assured us the institution was credible. We were also given interest rates as low as 1.8 unlike the 10% from Menzgold so I didn\u2019t see it to be unreasonable,\u201d he added.<\/p>\n He, however, explained that the current CID boss,\u00a0Maame Tiwaah Dankwah, resigned as a\u00a0board member in the heat of the crisis in December, 2017 as Man Capital\u2019s\u00a0office virtually reducing to a cemetery.\t\t<\/p>\n <\/p>\n