GN Savings Founder Disputes Insolvency Claims in License Revocation

Dr. Kweku Ndoum, founder of GN Savings, expressed shock over the revocation of its license and disputed claims that the institution was insolvent prior to the downgrade and subsequent revocation. A lawyer for GN Savings also stated that the Bank of Ghana revoked the license solely on insolvency grounds, not other alleged breaches.

23 May, 10:26 — 23 May, 10:26

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myjoyonlineMixed101d ago

GN Savings licence revocation came as a shock – Dr Kweku Ndoum

President of Groupe Ndoum, Dr Kweku Ndoum, has said the company and the Ndoum family was shocked by the revocation of the licence of GN Savings and Loans, insisting that the institution had met all regulatory requirements at the time.

By Albert Kuzor

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GN Savings Founder Disputes Insolvency Claims in License Revocation

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GN Savings licence revocation came as a shock – Dr Kweku Ndoum

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