Nduom releases list of over 4200 companies, individuals and schools owing him GH¢434million

As part of the processes initiated by the President and Chairman of Groupe Nduom (GN), Dr. Papa Kwesi Nduom through the Gold Coast Fund Management (GCFM) in court to recover investment funds and pay aggrieved customers of their locked-up investments, a list of companies and individuals indebted to GCFM has been released. The list includes construction companies and top firms in different sectors of the economy. Senior High Schools such as O’Reilly have been also captured in the list with a debt of over GHc3.5 million. In all over 4200 companies, secondary…

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‘New investors coming to inject money to revive GN Savings’ – Nduom

The owner of GN Savings and Loans, Papa Kwesi Nduom has once again given assurances that the company will bounce back within the shortest possible time. This time around, he says the company has already found ‘credible potential partners’ as part of strategies to raise more funds for it to meet the outstanding withdrawal demands of depositors. In a Facebook post on Sunday, Dr. Ndoum said, GN Savings is awaiting clearance from the Bank of Ghana so the new investors can pump new money into its operations to address liquidity…

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