Parliament has directed government to pay locked up funds of defunct Gold Coast Fund Management.
The directive is contained in the report of the Special ad-hoc committee set up to investigate a petition by the customers.
Chairman of the committee Joe Ghartey in presenting the report advised government to ensure such financial institutions insure their businesses so that the state is not always called upon in such times.
MP for Odododiodio Nii Lante Vandapuye questioned the figures put out by government as cost of the financial sector clean up.
According to him, aside the 25 billion cedis put out by government, the customers are owed about 9 billion making the figure above 34 billion cedis.
MP for Asawase Mohammed Muntaka Mubarak questioned the rationale behind the collapse of the banks instead of offering the institutions a bailout.