Capital Bank has no investment in Commerz Savings

The Management of Commerz Savings and Loans Limited on Monday sated that Mr Ato Essien founder of defunct Capital Bank has no investment in the portfolios of the company.

“Mr Ato Essien has no link whatsoever with Commerz, the remotest link was that the erstwhile Capital Bank used to be the clearing Bank for Commerz from February 2017 until it was taken over by GCB Bank.

“Mr Ato Essien is not, and has never been a related party to Commerz. At no point during the existence of Commerz has Mr Ato Essien held any interest whatsoever in the Company,” a statement signed by C. J. Plus Attorneys Solicitors for Commerz Savings said in part.

According to the statement; “Commerz has also never acted or purported to act for or on behalf of Mr Ato Essien.

“Commerz Savings and Loans Limited therefore assured its customers that it will continue to deliver on its promise of relationship beyond banking”.

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