The Receiver, for the purposes of winding down the affairs of 347 insolvent Microfinance Companies and 23 Savings and Loans and Finance House Companies who had their operating licenses revoked on 31 May 2019 and 16 August 2019, has cautioned borrowers to repay their debt or risk seeing the names in the dailies. According to the Receiver, it will “pursue all recalcitrant defaulters through all available means as permitted by the Act including, but not limited to, legal actions and publishing names of recalcitrant defaulters in national and international newspapers. In this regard, the Receiver will soon publish the first list of recalcitrant defaulters and their respective addresses in the national dailies.” A statement issued and copied to Businessweekghana.com on Tuesday 23rd June 2020, read, "the Receiver wishes to notify the general public especially person/persons/institutions who took loan facilities from these defunct companies to visit any of the maintained branches...