Business › Business & Finance       29.08.2019

[List] Pastors, Schools, Businessmen, Traders Owe Nduom Over ₵423million

President and Chairman of Groupe Nduom (GN), Dr. Papa Kwesi Nduom, has released a list of companies and individuals indebted to his investment firm, Gold Coast Fund Management (GCFM).

This is the latest move by the troubled businessman as part of a court process to secure investment funds and pay aggrieved customers their locked-up investments

The list includes construction companies and top firms in different sectors of the economy.

Senior High Schools such as O’Reilly have been also captured in the list with a debt of over GHc3.5 million.

In all over 4200 companies, secondary schools, individuals, pastors, and other professionals are indebted to Goldcoast Fund Management (GCFM) to the tune of over GH₵423 million.

See the full list below:
Appendix C: Infrastructure Projects Financed by GCFM & Other Placements – Amounts Owed

COMPANY BALANCE (AMOUNT OWED) GHS

Appendix D: Some GCFM Demand Notices To Defaulters

Organisation Attention Letter Date Date Received Stamp

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