2,220 clients of defunct fund management companies paid GH¢257 million
Summary short_text
"This compassionate move by the government of a partial bailout will cover all clients of the failed fund management companies whose licences are revoked but are yet to come under official liquidation, including customers of Blackshield Fund Management Company Limited," it added. The partial bailout shall be channelled through the Amalgamated Fund Ghana Limited, the same Special Purpose Vehicle being used to pay the clients of the fund management companies currently under official liquidation.
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