Aggrieved customers of First Allied Savings and Loans have given the government a 10-day ultimatum to intervene and help them retrieve their locked-up investments or they hit the streets of Kumasi.They are also threatening to besiege and take over all the branches of the company across the country if their demands are not met.

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Read: No timelines for deposit repayments - First Allied Savings and LoansCustomers from Brong Ahafo, Eastern, Western, Northern, Greater Accra and Ashanti Regions who addressed a press conference in Kumasi on Tuesday, 26 February 2019, said their deposits and investments have been locked up at the financial institution for the past nine months.

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This, they said has led to the collapse of their businesses while others have also poisoned and killed themselves.

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Read: Government to refer First Allied Savings and Loans impasse to economic management teamChairman for the aggrieved customers, Kofi Sarpong, addressing the press conference, said petitions have been sent to the Ministry of Finance, Bank of Ghana (BoG), the Asantehene Otumfuo Osei Tutu II, Peace Council and the government among other necessary authorities but have not yielded any results.

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He, therefore, called on the government to respond to their latest plea or they demonstrate. Source: classfmonline.com

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