Day: April 4, 2019

Ghana’s 2000 Banks Collapse (Part 2)

April 4, 2019

Under Act 180, the liquidator’s role was simply to identify the assets of the banks, sell them and use the proceeds to settle the debts owed to the customers, workers and other debtors. But there was a problem. The assets of these two banks were not enough to take care of the deposits of the […]

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