Business News of Tuesday, 12 November 2019Source: starrfm.com.ghGo to CBG for validation and payment – SEC to customers of Gold Coast, othersDirector-General of the SEC, Reverend Daniel Ogbamey TettehThe Securities and Exchange Commission (SEC) has asked customers of the collapsed fund management firms to visit CBG branches from Tuesday to validate their documents in order to receive payments. According to the Deputy Director-General for SEC Paul Ababio, customers will receive text messages showing them the processes to receive their monies once their documents are validated. He said the initial payments will only cover the principal of customers. Also reacting to claims by the founder of Gold Coast management fund Dr Paa Kwesi Ndoum that SEC refused to help him retrieve his locked up funds from the government, he said SEC is not a debt collector. “Our role is not debt collection.

Source: GhanaWeb November 12, 2019 00:44 UTC