Locked-Up Investment Holders Forum has called on the Governor of Bank of Ghana Dr. Ernest Addison, to offer support to financial institutions struggling to pay their invested funds.
The Forum said these financial institutions are licensed to operate under the regulation of the BoG and therefore require some support when in distress to pay back investors their funds.
The Convenor, Dr. Adu Anane Antwi, in a media briefing before meeting with the Governor to discuss their petition which was presented to the Bank of Ghana in November last year, charged the Bank of Ghana to as a matter of urgency offer liquidity support to these financial houses, savings and loans institutions.
Some members whose funds amount to about 400 thousand cedis said they are unable to bear the financial stress they are going through as a result of their locked-up funds.
The financial institutions involved include NDK Financial Services, SDC Financial Services, Bond Savings and Loans, and SIC Life Savings and Loans.
