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2,802 investors receive bailout package - SEC
The total amount paid to the clients is GH¢322.75 million, the commission said.
The full bailout package involves a special arrangement whereby the government will pay clients of defunct fund management companies whose liquidation has been approved by the courts the full amount of their investments within a three-year period.
The partial bailout, on the other hand, is a flat cash payment of GH¢50,000 to clients of fund management companies whose liquidation has yet to be approved by the courts.
It is an interim measure which the government said it has taken to give relief to investors, pending the granting of court orders to begin liquidation of the affected companies. ....

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