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General News of Tuesday, 20 April 1999

Source: null

NTHC assesses damage in Dyson House fire

Accra (Greater Accra), 19th April ?99 ?

The management of NTHC Limited, (formerly National Trust Holding Company Limited ), a licensed broker of the Ghana Stock Exchange, on Monday assured its clients that their investments are safe despite a fire that gutted their Dyson House offices, near the former Farisco Supermarket, in Accra, on Saturday.

Mr Kwamena Amponsah-Dadzie, Head of Operations, said business was still going on as usual and they were trading at the stock exchange on Monday morning.

The fire which was caused by lightning, completely destroyed the building and affected other offices, including BKB Courier Ghana Limited and PAO Andahs and Associates, tax and management consultants. Property worth millions of cedis, including computers and documents, were destroyed.

Mr Amposah-Dadzie explained that the company kept back copies of information and data in another office at Martco House, situated behind the Trust Bank, saying ?our clients need not fear about their investments?. He said assessment of damage is still going on and no immediate figures can be given since their insurers, the State Insurance Company, is handling that.

He said the management of the company have informed their major business partners which include the Social Security Bank, Standard Charted Bank, Fan Milk Limited, Aluworks and the Pioneer Aluminium Factory who had all called on them at their offices. Steps have also been taken to inform other regulatory bodies such as the Ghana Stock Exchange and the Securities Regulatory Commission.