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The Securities and Exchange Commission (SEC) is calling on all Ghanians affected by the revocation of licences of over fifty (50) fund management firms not to languish in despair.

It will be recalled that the SEC revoked the licenses of 53 fund management companies and closed down the companies following their investigations that they were operating illegally, unfairly and not acting in the interest of their clients.

The revocation led many of the customers who invested in the companies to have their funds locked up and haven't yet received a penny till date.

The investors have persistently cried out to the SEC to retrieve their monies for them but their pleas have not fallen on deaf ears as the Deputy Director-General, Legal of the Securities and Exchange Commission, Deborah Mawuse Agyemfra in an interview on Peace FM's ''Kokrokoo'' has assured that the Commission is on track to refund their monies.

Speaking to host Kwami Sefa Kayi, Mrs. Deborah Mawuse Agyemfra stated that the incumbent government has pledged a GHC 1.5 billion bailout for the investors but the SEC has to do due diligence before the reimbursement.

''We're aware that people are suffering but we have found out that the companies do not have the money. So, it is the government that has pledged to intervene and help these investors. And if the government is going to help out, we have to make sure we go to the government with a concrete information about how much these companies owe the investors. We cannot go today and tell the government it is 12 million, then tomorrow we say it's 10 million or 8 million. We cannot do that; so we have to do due diligence to know the exact amount and give it to the government. We must also admit that, due to the outbreak of COVID-19 in March, things didn't go quickly as we wanted. We are pleading with them; we know what's going on. We're aware of their hardships. The government has promised to do something about their plight. They should remain patient with us'', she appealed to the investors.'