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General News of Tuesday, 1 February 2000

Source: null

Angry BHC depositors charge on ADB

Angry depositors of the Mobil House branch of the liquidated Bank for Housing and Construction (BHC) on Tuesday besieged the premises of the Cedi House Branch of the Agricultural Development Bank (ADB) to demand an explanation to delays in the payment of their transferred deposits.

Six representatives of BHC depositors speaking at a meeting with top management officials of the branch said all other branches of ADB have made payments to BHC depositors whose accounts had been transferred to them.

Official sources at the branch on Monday attributed the delay in paying the BHC depositors to the uncooperative attitude of BHC officials at the Mobil house. "They have refused to allow us to have access to their computers to scan and verify the signatures of depositors whose money has been transferred to ADB," one ADB official said.