Business, News

First Allied Savings and Loans Assin Fosu branch closes down; manager at large

First Allied Savings and Loans Limited Branch at Assin Fosu in the Central Region is reported to have closed down while its manager is at large.

According to the customers, about three months now, whenever they go to the office to withdraw their money, all they are told by the management is “there is no money.”

The aggrieved customers went there earlier today to withdraw their monies but were disappointed as the savings and loans had had its doors locked and the manager was also nowhere to be found.

A customer who gave his name as James Appiah Botchway told The Probe that: “For the past three months, any time we go there to withdraw our monies, they deceive us. So we [customers] held a press conference on August 15 and 21 to register our displeasure at what was going on.

“After that one Mr Boafo who said he’s one of the board members, met with us and told us that we’ll get our money on first week of September. But till now, nothing has happened. He doesn’t even answer our calls anymore.”

According to Appiah [customer], when he went to First Allied Savings and Loans’ office today there were a lot of customers there, whom some got there as early as 7am but their gates were locked.

He told The Probe that there were about six security men and one police officer at the premises when he got there.

Mr Appiah stated that the savings and loans had been locked based on allegations that the customers were going to embark on a demonstration.

“We had not said we were going to organise any demonstration. So, I made them understand that I and one Oware led the press conference. And that we’re just here for our monies,” he explained.

According to Appiah, later, one security man called one of the credit officers for him to speak with. And he told him that they wanted their money but he [credit officer] told him that there is no money.

“When he said they don’t have any money to give to us, I told him that then we’re going to sleep at the bank. Because school has reopened and we have to pay fees,” he stated.

Mr Appiah further indicated that they later today lodged a complaint to the Police Commander at the area, Chief Superintendent Leonard Abakah, but he told them they had not informed the police of any demonstration so they should desist from such.

According to Appiah, he told the police commander that all they need is their money so they were going to hold another press conference after which if they do not get their monies they will go for permit to demonstrate.


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