By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Starr FmStarr FmStarr Fm
  • Home
  • Election Hub
  • General
    GeneralShow More
    Defrauding by false pretence can attract up to 25 years – Lawyer Mankotam
    February 8, 2026
    High Court overlooked aggravating factors in Agradaa’s case – Legal practitioner
    February 8, 2026
    Lawyer Prince Benson Mankotam
    Attorney-General can appeal Nana Agradaa’s reduced sentence – Lawyer Prince Mankotam
    February 8, 2026
    Reducing Nana Agradaa’s sentence to one year sets a bad precedent – Lawyer
    February 8, 2026
    Prince Benson Mankotam
    Agradaa sentence reduction should not have fallen below five years – Prince Benson Mankotam
    February 8, 2026
  • Business
    BusinessShow More
    African businesses should view displacement as an economic opportunity – Isaac Fokuo
    February 6, 2026
    3.8% inflation does not reflect reality at market – Tema Central MP slams gov’t
    February 6, 2026
    Ghana, Zambia are “twins of the same mother” facing similar economic challenges – Mahama
    February 6, 2026
    Africa’s new fight is economic transformation – Mahama addresses Zambia’s Parliament
    February 5, 2026
    Zambia President hails Ghana-Zambia ties, pledges support for AfCFTA secretariat
    February 5, 2026
  • Politics
    PoliticsShow More
    NDC Majority Caucus demands cancellation of Ayawaso East primaries over alleged vote buying
    February 8, 2026
    OSP investigates Baba Jamal over alleged thug attack on Officer during Ayawaso East primaries
    February 8, 2026
    OSP probes alleged vote buying in NPP presidential primaries, NDC Ayawaso East contest
    February 8, 2026
    FACT CHECK: Viral image of Ayawaso East NDC delegates standing behind food items and cash fake
    February 8, 2026
    Mahama removes Baba Jamal as Commissioner to Nigeria following alleged vote-buying in NDC Ayawaso East primaries
    February 7, 2026
  • Entertainment
    EntertainmentShow More
    Serwaa Amihere wins TV Female Presenter of the Year at 15th GoldBond RTP Awards
    February 8, 2026
    Lily Mohammed
    Lily Mohammed wins TV Female Newscaster of the Year at 15th GoldBond RTP Awards
    February 8, 2026
    Naa Dedei Tettey wins Radio Newscaster of the Year at 15th GoldBond RTP Awards
    February 8, 2026
    IShowSpeed promoted Ghana internationally better than we could do – Mahama
    February 7, 2026
    Gospel singer Victoria Ivy Obeng releases ‘My Passion’ EP
    February 6, 2026
  • Sports
    SportsShow More
    Black Princesses held to 2–2 draw by South Africa in thrilling U-20 World Cup qualifier
    February 8, 2026
    Otto Addo gets new technical team members ahead of 2026 World Cup
    February 7, 2026
    Kofi Adams calls for continental reset at AIPS Africa Congress in Gambia
    February 7, 2026
    Man City edge Newcastle, set up Carabao Cup final with Arsenal
    February 5, 2026
    Ghana Para-Athletics team heads to Dubai for Commonwealth Games qualifier
    February 5, 2026
  • Technology
    TechnologyShow More
    Ghana, Zambia to partner on fintech and cybersecurity as AI fake news rises
    February 7, 2026
    GSTS and STEMQUEST: How an Alumni-Led Extracurricular Initiative is Redefining Technical Education in Ghana
    February 4, 2026
    IShowSpeed’s energy is on another level; he has to entertain followers nonstop – Wode Maya
    January 30, 2026
    A new layer of privacy five years in the making
    January 29, 2026
    APRIL STEM rejects STEAM model, says arts is already science as SMET is the future of innovation
    January 11, 2026
  • International
    InternationalShow More
    Ghana, Zambia to partner on fintech and cybersecurity as AI fake news rises
    February 7, 2026
    Over 100 million people displaced, globally, young Africans most affected – Isaac Kwaku Fokuo
    February 6, 2026
    Lordina Mahama meets Zambian First Lady, explores collaboration on cross-border community initiatives
    February 6, 2026
    Ghana, Zambia are “twins of the same mother” facing similar economic challenges – Mahama
    February 6, 2026
    Ghana–Zambia visa-free agreement is more than diplomatic instruments – Mahama
    February 6, 2026
  • Factometer
Search
© 2024 EIB Network Ltd. All Rights Reserved.
Reading: Debt list: De-Geons investment denies owing GN bank, demands retraction
Share
Notification Show More
Font ResizerAa
Starr FmStarr Fm
Font ResizerAa
  • Headlines
  • Election Hub
  • General
  • Politics
  • Sports
  • Business
  • Entertainment
  • Factometer
Search
  • Headlines
  • Election Hub
  • General
  • Politics
  • Sports
  • Business
  • Entertainment
  • Factometer
Have an existing account? Sign In
Follow US
© 2024 EIB Network Ltd. All Rights Reserved.
GeneralHeadlines

Debt list: De-Geons investment denies owing GN bank, demands retraction

Kwame Acheampong By Kwame Acheampong Published August 30, 2019
Share
Founder of Groupe Nduom Dr. Papa Kwesi Nduom
SHARE

De-Geons Investment limited, one of the company’s which featured in the Group Nduom list of debtors on Thursday has warned the Papa Kwesi Nduom-led organisation to immediately retract the claim that they owe them or be sued.

According to the firm, the debt they took from the GN bank was paid as far back as December 2016.

“We write letter on behalf of our client, DE-GEONSINVESTMENT LIMITED and under the directives of the Managing Director of the same in respect of your publications of the debtors of the erstwhile First National Savings and Loans now GN Bank Limited.

“By virtue of the said publication you indicated vide item 73 that our client is indebted to your GN Bank Limited of an amount of one Million, Seventy-Four Thousand Seven Hundred & Thirty Three Thousand Ghana Cedis thirty-Two Pesewas (GHC 1,074,733.32).

“Premised on the above our client informs us to put it to you as follows: Our client acknowledges that it was once a customer of the Bank on or before the 19th day of December, 2016 and has hitherto ceased to be a customer of the Bank. That our client is not indebted to the bank and the said publication is false, malicious and calculated to damage its reputation,” lawyers for the firm said in a statement.

A clearance letter sighted by Starr News, shows the company was given a full bill of health by the GN bank after they paid off the debt.

Starr News has also intercepted the final payment notice the company sent to GN bank.

As part of the processes initiated by the President and Chairman of Groupe Nduom (GN), Dr. Papa Kwesi Nduom through the Gold Coast Fund Management (GCFM) in court to recover investment funds and pay aggrieved customers of their locked-up investments, a list of companies and individuals indebted to GCFM has been released.

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 GHc423 million.

Source: Ghana/Starrfm.com.gh/103.5FM/

You Might Also Like

Defrauding by false pretence can attract up to 25 years – Lawyer Mankotam

High Court overlooked aggravating factors in Agradaa’s case – Legal practitioner

Attorney-General can appeal Nana Agradaa’s reduced sentence – Lawyer Prince Mankotam

Reducing Nana Agradaa’s sentence to one year sets a bad precedent – Lawyer

Agradaa sentence reduction should not have fallen below five years – Prince Benson Mankotam

Share This Article
Facebook Twitter Email Print
Share
Previous Article E/R: Woman,41, defies orders to kill cerebral palsy daughter
Next Article Japan external trade organization to set-up Ghana office in March 2020

Starr 103.5FM

Starr FmStarr Fm
Follow US
© 2024 EIB Network Ltd. All Rights Reserved.
newsletter icon
Join Us!

Subscribe to our newsletter and never miss our latest in news, podcasts etc..

[mc4wp_form]
Zero spam, Unsubscribe at any time.
adbanner
AdBlock Detected
Our site is an advertising supported site. Please whitelist to support our site.
Okay, I'll Whitelist
Welcome Back!

Sign in to your account

Lost your password?