Business News of Saturday, 1 May 2021Source: www.ghanaweb.comThe Securities and Exchange Commission (SEC) has disclosed that Parliament has granted approval of an amount of GH¢5.5 billion that will assist the Commission to complete its asset management bailout programme. According to the Commission, the approval will enable it fulfil bailout packages under the Asset Management Cleanup Exercise. In November last year, the Securities Exchange Commission (SEC) declared that government had granted authorization for a partial payment structure to remaining customers amounting to GH¢50,000. SEC explained that the modalities for payment would be done while the court processes for liquidation continue. under a partial bailout scheme.

Source: GhanaWeb May 01, 2021 11:37 UTC