Business News of Tuesday, 11 October 2005

Source: GNA

CHD customers, investors to get refund

Accra, Oct. 11, GNA - The Bank of Ghana (BoG) would from October 17 begin an exercise for customers who purchased treasury bills, bonds and stocks through CDH Discount Company to receive a refund of their investment.

The customers would be required to present evidence of the purchase of Treasury Bills/Notes with CDH Discount Company such as deal slips and receipts at the CDH Head Office premises for validation and payment. They would be required to present two passport-sized photographs, a passport, voter's ID card or Driver's Licence.

A release signed by Ms Esi Hammond, of the Public Affairs Unit of the BoG, said institutional holders would need a formal letter from their management and adequate identification for the official representing the institution.

It said investors who might not be able to make their claims in person should ensure that they gave their authorization letter to their representatives in addition to the required identification. The release urged customers, who were unable to redeem their investments during a similar payment exercise carried out in November and December last year, to take advantage of this opportunity, which would last till November 4 2005.