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Business

MTN to share GHC11m for Savanna Brokerage customers

Kwame Acheampong
By
Kwame Acheampong
Published: June 21, 2018
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MTN says it is yet to decide on the funds disbursement strategy for the over thirty thousand customers who did business with Ponzi scheme Savanna Brokerage investment.

Some GHC11 million was tracked by MTN and is to be shared for the numerous who invested with the firm.

In a statement MTN said “MTN uncovered the suspected Ponzi scheme and took steps to safeguard the interest of its customers by freezing the wallets and reporting the case to the police and the regulator for investigation.

“The regulator, through the Financial Intelligence Centre, is currently investigating the suspected fraudulent or investment scam in relation to Savanna Brokerage Investment.

“MTN is working closely with the regulator to ensure the right procedure is followed and all relevant obligations are fulfilled before disbursement of any funds.

“MTN awaits further direction and clarification on the frozen funds and assures its valued customers that once we receive a clear directive after the investigation we shall comply.”

Source: Ghana/Starrfmonline.com/103.5FM

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