September 11, 2018

Chairman of the Finance Committee of Parliament, Dr Mark Assibey-Yeboah has urged the Central bank to expedite action on the severance package for workers of the defunct UT and Capital Banks.

According to him Parliament will meet with the BoG to ensure adequate compensation package for the over 1,200 retrenched workers of the two defunct banks.

Dr Assibey-Yeboah disclosed these to the media after a closed door meeting with Pricewaterhouse Coopers (PwC), receivers of the collapsed Banks as the Committee gathers facts into the Banks collapse.

The receiver, Pricewaterhouse Coopers he said explained to the Committee how they computed the packages for various staff.

The chairman who ostensibly was not pleased with the delay of the compensation said the committee will engage the BoG to fast track the payments to the affected workers.