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Aggrieved staff of defunct Capital Bank demand severance package

The spokesperson for the aggrieved staff, Philip Yawson, explained that they are entitled to service benefit, providence fund as well as other severance packages.

In an interview with Accra-based Atinka FM, the aggrieved former workers of Capital bank said they have not received what is due them after the bank collapsed.

He added that some of the benefits due them are corporate or organizational welfare contributions which they are entitled to. According to them, they are yet to receive these benefits and packages.

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This was because the 2 banks faced serious liquidity challenges at the time which affected the continuous existence and the financial industry altogether.

This is after the GCB Bank completed the full integration of the systems of the 2 banks.

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