The Securities and Exchange Commission (SEC) has refuted assertions of deliberately collapsing Dr Papa Kwesi Nduom’s BlackShield (formerly Gold Coast Fund Management) which was part of some 53 fund management firms whose licences were revoked for various infractions. Dr Nduom, a businessman and politician, who founded the Progressive People’s Party (PPP), is Chairman of Groupe Nduom, a conglomerate that operates ...
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