Some workers of Trust Microfinance have expressed their dissatisfaction over the non-payment of their salaries by the Receiver, Eric Nana Nipah of Price Water House Coopers (PWC) after the Bank of Ghana revoked the company’s license.
The workers tell Citi Business News their contracts have also not being renewed.
“The first week of the revoking of the license, we were told we will be given a contract letter, but till date we have not been given a contract letter. The salaries that we are supposed to receive have not been paid, getting to three months now.
The sad part is that we do not get any information from them. Meanwhile every day we spend money on fare to the office to work. If they want us to work with them they should give us a contract letter,” said one worker who chooses to remain anonymous.
Another worker said “The issue now is that we are the ones that the customers are attacking. We need them to come out to tell us when we are going to get our salaries. They took our account numbers about five times; they assured us they were going to pay us. So now we need our salary.”
The Central Bank as part of sanitizing the financial sector revoked the licenses of 347 microfinance and micro-credit institutions.
The BoG further appointed PWC as receiver of the defunct microfinance companies.
But the aggrieved workers who spoke to Citi Business News, impressed on the Receiver to rectify the situation.
“When we met with them the first time they assured us that they are going to work with us and make provision for contract letters but as at now, we have heard nothing from them. We are still waiting to hear from them.”
Meanwhile the Receiver, Eric Nana Nipah is yet to respond to the matter as attempts by Citi Business News to reach him via phone calls and text messages for a response have so far been unsuccessful.