We’II prosecute fraudsters charging businesses for stimulus package-NBSSI

The National Board for Small Scale Industries (NBSSI) has warned the public against fraudsters who are duping unsuspecting business owners by collecting money from them under the guise of registering them to access the government’s ¢1.2 billion stimulus package.

Deputy Director of NBSSI Anna Armo-Himbson, told Kwabena Agyapong on Rainbow Radio 87.5Fm that, National Security is currently investigating the matter and anyone caught would be prosecuted.

She explained no one is required to any fee to be processed to access the loan.

The Armo-Himbson stressed the need for the public to be cautious and report any suspicious characters to the security agencies for them to be dealt with.

It has emerged that some individuals are charging business owners between Ghc200-250 to enable them, access the loan but the Deputy Director says applicants are not expected to pay any fee to anyone during the application process.

Meanwhile, she has disclosed that the board has received over 10,000 applications.

The board she added is expecting over 100,000 applications from both the formal and informal sectors.

Out of the ¢1.2 billion earmarked for this Programme, ¢600 million will be disbursed as soft loans to Micro Small Medium Scale Enterprises, with a one-year moratorium and a two-year repayment plan.

By: Rashid Obodai Provencal

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