Validation: Fear of Recording Causality Is High; Gold Coast Customers in Takoradi Call for Emergency Center at CBG

The Secretary of Gold Coast Securities Customers in Takoradi has called on the Securities and Exchange Commission (SEC), Ghana to prioritise Safety at the Premises of the Consolidated Bank of Ghana, Takoradi, where the on going validation process is taken place.

According to Erasmus Asiedu, due to poor communication and improper planning of the validation exercise, there is fear that the inconvinieces caused by the growing number of customers from every part of the Western Region can result in casualties recorded.

“My fear is that there will be high casualties if the aged and the pregnant women have to stand for a very long time without a chair. If they had involved the leadership of the customers, the inconvenience with the validation process could have been resolved”.

Speaking on Spice 91.9 Fm’s flagship Morning show “Adzekye Mu Nsem ” , he urged Securities and Exchange Commission of Ghana to ensure that as Christmas looms customers are paid part of the monies instead of relying on the whole process of the validation to end before making payment.

Erasmus Asiedu added that the economic condition in the country is unbearable coupled with fact that they have their funds locked up.

He also urged customers of the Gold Coast Securities to be patient and resolute in their efforts to retrieve locked up Capital.

The Securities and Exchange Commission(SEC) recently appointed the consolidated Bank of Ghana limited(CBG) to Validate claims of affected customers of the 53 Fund Management Companies(FMCs) whose licences have been revoked .