The Parliament House of Ghana

Auditing firm PricewaterhouseCoopers (PwC) says they have allotted severance packages to the Bank of Ghana (BoG) for the hundreds of staff who are now unemployed following the collapse of seven banks since 2017.

But Parliament’s Finance Committee argues that the funds have not been disbursed, and they are urging BoG to act fast.

“I know it will take time for the severance packages to be paid but we have engaged with the Bank of Ghana and some of them can be fast-tracked,” said Chairman of the Finance Committee, Dr. Mark Assibey Yebeoah.

“It is about time that those severance packages be given.”