Individual pension bondholders who did not tender in their bonds in the ongoing Domestic Debt Exchange Programme (DDEP) have been exempted, Finance Minister, Ken Ofori-Atta, has disclosed.

Source: https://www.ghanaiantimes.com.gh/individual-pension-bondholders-exempted-as-govt-commits-to-wellbeing-dignity-of-pensioners/

The Bank tendered Plaintiff’s bonds to the DDEP without his consent, approval and signature.

Source: https://theheraldghana.com/the-herald-replies-first-atlantic-bank-its-lawyers/

The move, he said, was aimed at getting more funds into government’s $1.5 billion Fund to provide liquidity support to participating banks of the recent Domestic Debt Exchange Programme (DDEP), which cost GHS8 billion in losses to banks.

Source: https://www.ghanabusinessnews.com/2023/05/25/ghana-holds-positive-talks-with-afdb-for-stability-fund-support-dr-amin-adam/?utm_source=rss&utm_medium=rss&utm_campaign=ghana-holds-positive-talks-with-afdb-for-stability-fund-support-dr-amin-adam