Confirmed: Payment of severance packages for ex-workers of capital bank to commence on Friday, January 18, 2019

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Former employees of defunct capital bank will from Friday, January 18, 2019 begin receiving the severance packages.

A statement issued by the joint receivers of the now defunct bank has confirmed.

The current information is a follow up on an earlier press release issued in the dailies on the 10th of January 2019.

This news comes as a huge relief to the ex-workers who have waited with baited breath for what can easily pass for ages.

Some of the ex-staff while waiting for the severance packages have died while other fell ill to stroke and other sicknesses.

Some were able to venture into other businesses with the most prominent ones being uber driving and selling of pork.

The 2nd deputy Governor of the Bank of Ghana Elsie Awadzie recently said government was not obligated to pay the former employees any monies and that if they decide to do so, it will purely be based on humanitarian grounds.


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Kennedy Mornah is an Award Winning Ghanaian Journalist with over two decades of experience in the Ghanaian Media landscape spanning the electronic, print and digital media. He is a Media Consultant, a Corporate MC, Radio and TV Host, Founder and Publisher of the Maritime and Transport Digest Newspaper, Businessman, a Go getter and an optimist. He has worked for renowned media organizations including Diamond Fm in Tamale, Luv Fm in Kumasi, Oman Fm in Accra and Starr Fm in Accra In 2017 he received the Reporter of the Year Award at the Ghana Shippers Awards in Accra, Ghana.

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