The aggrieved prospects of Gold Coast Fund Administration is asking for an investigation into the Financial and Organised Crime for his or her lack of ability to provide a server wanted for an ongoing courtroom case.
In a press release issued by the aggrieved prospects of Gold Coast Fund Administration, , its convener, Charles Nyame, famous that, the server which belongs to the Gold Coast Fund Administration Firm, incorporates a backup information of its traders and was confiscated by the EOCO after firm’s Operational Licence was revoked in November, 2019.
However throughout a courtroom part held on June twenty first, on the Liquidation Case between the Registrar of Firms and Blackshield Capital Fund Administration Restricted, it was revealed that the server in EOCO’s custody had gone lacking.
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Discover under the total assertion from the aggrieved prospects of Gold Coast Fund Administration.
HEADS MUST ROLL AT EOCO FOR A MISSING SERVER WORTH OVER 3.5 BILLION GHANA CEDIS
A SERVER which content material valued over 3.5 billion Ghana Cedis is reported to have lacking underneath the custody of EOCO. This revelation was delivered to bear throughout a courtroom part held on Wednesday, June twenty first, 2023 when the Business Court docket Six (6) of the Accra Excessive Court docket Division Sat on the Liquidation Case between the Registrar of Firms and Blackshield Capital Fund Administration Restricted, hitherto known as; Gold Coast Fund Administration, owned by Dr. Papa Kwesi Nduom.
The SERVER which belongs to the Gold Coast Fund Administration Firm and incorporates a backup information of its traders was confiscated by the EOCO via the directives of the Securities and Alternate Fee (the official regulator of Gold Coast Fund Administration) after it has efficiently revoked the corporate’s Operational Licence in November eighth, 2019 underneath the Monetary Sector Clear-up Train coverage initiated within the yr 2018 by the federal government of Ghana underneath the NPP Akufo-Addo – Bawumia administration.
Information on the lacking SERVER was knowledgeable to the courtroom by the authorized illustration of the Registrar of Firms led by Ms. Iris. The Lawyer instructed the courtroom that, in her effort to achieve out to EOCO because of the Court docket Order which sought to direct the EOCO to grant Gold Coast Fund Administration entry to the SERVER to repeat particular information require by the Court docket to facilitate the dedication of the Liquidation case, to her completely dismay, the authorities on the EOCO instructed her the mentioned SERVER can’t be positioned.
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The Aggrieved Clients of Gold Coast Fund Administration considers the information of the lacking SERVER a intentionally strategy adopted by the federal government to deepen its delay ways showcased on the Liquidation case because the yr 2020.
In the meantime, the identical Authorities impeding the Liquidation course of in courtroom has insensitively conditioned the cost of the dying prospects of Gold Coast Fund Administration to the profitable securing of Liquidation Order from Court docket.
The query we’re asking is, for a way lengthy should the dying prospects proceed to bear the brunt of a authorities coverage (Monetary Sector Clear-up Train) for the previous 5 (5) years?
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We due to this fact make passionate attraction as follows.
1. The Authorities of His Excellency President Nana Akufo-Addo ought to with sense of humanity, rescind on the situation of securing Liquidation Order earlier than it pays Clients of Gold Coast Fund Administration and direct the Finance Ministry to advance cash from both the Parliamentary accepted Bailout bundle or from the 15 billion Ghana Cedis Stability Fund to the GBC Capital to repay the Clients, whiles, the Liquidation case proceed in courtroom.
2. The entire construction of EOCO needs to be introduced underneath investigation to provide the lacking SERVER with fast impact.
3. His Excellency President Nana Akufo-Addo ought to give order to EOCO to submit the lacking SERVER to the courtroom earlier than/on July third, 2023 thus the adjourn date for the Liquidation date for the sleek technique of the case.
4. The Media and the Civil Society Organisations ought to on humanitarian grounds push for fast cost of the dying Gold Coast Clients since over 800 pensioners amongst Gold Coast Clients have died attributable to numerous well being situations they couldn’t raised cash to fund medical remedy.
