Databank clients have threatened to burn down the bank for its failure to comply to their withdrawal requests, CEO of databank told JoyNews.com on Thursday, December 22, 2022.
The Chief Executive Officer, Kojo Addae-Mensah has expressed how uncomfortable he feels about the situation.
According to him, “It is a very serious matter. We have had people threatening that they will burn the building and you know, you should understand that these are people’s life savings.”
He also said the company has been unable to grant the withdrawals of their clients because of the liquidity challenges that has affected the fund management industry leading to the ‘macro-economic’ crisis facing the country.
He added that the government has listened to their liquidity challenges and are yet to respond to them.
He therefore disclosed that there have been assaults on him and his associates and for that reason has warranted a close down for the bank for safety security measures.
