Business News Sun, 15 Apr 2018

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ASN Financial Services customers to demonstrate over delays in receiving their funds

Some customers of ASN Financial Services Limited whose monies remain locked up with the company are threatening to embark on a demonstration at the end of this month.

This follows their inability to retrieve their investments since the beginning of last year.

ASN Financial Services Limited, in a letter to its customers last year, promised to pay back all investments in full by 30th April 2018.

But speaking to Citi Business News, a customer of ASN Financial Services Ltd, Ebenezer Nartey, expressed doubt about the April deadline and called on the central bank to do more to clamp down on defaulting micro-finance institutions.

“After the issue came out that ASN was having some challenges some of us agitated and afterwards we were called for a meeting. Over a thousand of us met the management of ASN at Mensvic Hotel last year in Accra. They ended up giving us an April 30, 2018 deadline to receive our investments with all the accompanying interest. But as at the middle of April we still haven’t heard anything from ASN.”

Ebenezer Nartey went on to speak of plans to do everything to get their monies back from ASN.

He said the group was seriously considering staging a demonstration.

“We’re trying to get as many of us the disgruntled customers together to hold a demonstration on the deadline date, April 30 at their office in Adabraka, Accra.”

Attempts by Citi Business News to reach the Directors of the company have proved futile.

Even though the Bank of Ghana is yet to make any official comment on the latest development regarding the investments, the customers are bent on making sure they get their monies from ASN Financial services.

Source: citibusinessnews.com

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