Compensate us – Capital, UT bank staff

Some former workers of defunct Capital and UT banks are demanding their redundancy packages and other entitlements due them.

In August last year, the Bank of Ghana (BoG) revoked the licences of Capital Bank and UT Bank due to financial challenges.

The main offices and branches of the two banks were placed under the control of GCB Bank.

Following the development, some workers of the two banks lost their jobs and were expected to be paid their end-of-service benefits and redundancy packages.

Two of the former workers of the banks, Raymond Addai and Phillip Yawson who spoke on Ghana Yensom on Accra100.5FM hosted by Chief Jerry Forson on Thursday, 12 April, claimed the non-payment of their entitlements is a threat to their lives.

Mr Yawson said: “The economic hardship we are saddled with at the moment because of unemployment is too much; some can even commit suicide over this, and, so, we are appealing to the authorities to heed our demand.

“We made contributions into the Provident Fund, and, so, we expect that our contributions should be given to us to bring some relief into our lives.”