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Nduom releases list of over 4200 companies, individuals and schools owing him GHc423million

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 schools, individuals, pastors, and other professionals are indebted to Goldcoast Fund Management (GCFM) to the tune of over GHc423 million.

Below is the full statement

Appendix C: Infrastructure Projects Financed by GCFM & Other Placements – Amounts Owed

COMPANY BALANCE (AMOUNT OWED) GHS

Appendix D: Some GCFM Demand Notices To Defaulters

Organisation Attention Letter Date Date Received Stamp

Source: Graphic.com,gh

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