Chief Executive Officer (CEO) of Groupe Nduom, Dr. Papa Kwesi Nduom has revealed that the Gold Coast Fund Management (GCFM) has paid over two hundred million Ghana cedis to aggrieved investors adding that payments are still ongoing.
The CEO’s comment comes on the back of concerns by a number of investors of the Gold Coast Fund management’s Structured Finance module over the non-payment of their funds.
But responding to the claims of the aggrieved customers, Dr. Dduom in a facebook post indicated that payments are being made through mobile money accounts and bank transfers to customers whose investments are less than 2,000 Ghana cedis.
He added that measures have been put in place to ensure investors with more than 5,000 and 10, 000 investments receive their funds.
He noted “All of these, about 25,000 accounts will be done by the end of the year. These payments are being made with investments we are redeeming from individuals and companies. ”
He further said the names of those being paid have been published in the Today newspaper and other media platforms.
The CEO is assuring investors of GCFM of its commitment to ensure each and every investor gets their investments.