You remember last year in the wake of the Menzgold crises, the Musician Unions of Ghana (MUSIGA), said it had its money locked up in Menzgold investment?

Well, that is not all.

The Union, led by the then President, Bice Osei Kuffour, popularly known as Obour, left an amount of GH¢ 245,000.00 in the organisation’s account before his tenure ended.

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But this was money they saved at Midland Savings and Loans.

Unfortunately, Midland Savings and Loans was part of the 23 financial institutions that got their licenses revoked by the Bank of Ghana last year.

In the wake of this, payments of claims have been issued to the current President Bessa Simons to make way for effective payment through the Consolidated Bank Ghana as soon as possible.

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See the letter below:


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