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Business News of Tuesday, 14 August 2018

Source: atinkaonline.com

First Allied Savings refuses to pay 'pure water' seller’s GHC5000 savings

First Allied Savings and Loans Company First Allied Savings and Loans Company

The Abossey Okai Branch of the First Allied Savings and Loans Company has refused to pay a 22-year old “Pure-water” and buff loaf seller, Grace Frimpong, her 2 years’ Susu savings to enable her pay for her school fees.

Frimpong Grace narrated that she had gained admission to study a 3-year Registered Community Nursing programme at the Nursing and Midwifery Training College Korle-Bu, and has only up to Wednesday 15th of August to fully pay her admission or forfeit her chance of entering into school this year.

Narrating her ordeal to Atinka FM’s Vincent Kwofie, she revealed that after several deliberations with authorities at the Savings and Loans Company, she was given only GHC 2,000 and was told to secure a loan to settle her fees till the bank solves its current challenges.

Frimpong Grace after completing her Senior High School has been on the streets of Accra selling pure water and “bofrot” to make ends meet.

She added that her dream is to become a nurse in the future so she needs the help of all Ghanaians to assist her pay the fees.

Meanwhile, the Public Relations officer of the First Allied Savings and Loans, Jones Owusu has explained that Grace Ofori is not the only customer suffering this fate adding that some of their customers are going through similar or even direr situations and are yet to receive their monies from the bank.

In an interview with Atinka news, he noted that the bank is currently facing financial deficit as a result of a massive withdrawal that has occurred at the bank.

Commenting on the situation of the bank, he said that their company had been mistaken for the former Ghana Football Association (GFA) President, Kwesi Nyantakyi’s bank which made a number of their customers withdraw their savings.