Business News of Friday, 7 February 2020Source: www.ghanaweb.comPrices to auction vehicles of collapsed Savings and Loans companies create furorplay videoPatron unhappy about the auction pricingBidders at the auctioning of vehicles belonging to defunct Savings and Loans and Microfinance companies have expressed discontentment at the pricing. Some bidders complained about the marginal price difference between the auction cars and sales at various garages in the country. Many factors were weighed-in on the pricing, said Philomena Kuzoe, a spokesperson for the Receiver of the defunct Savings and Loans companies. For those who were really interested and wanted to buy they went there and inspected the cars before the auction day. The money the receiver makes from auctioning the vehicles will be used to pay the affected customers of the defunct companies.

Source: GhanaWeb February 07, 2020 16:30 UTC