"GOD SETTING YOU UP FOR FINANCIAL GREATNESS" – AGYINASARE TO CUSTOMERS OF COLLAPSED FIRMS

"Somebody also lamented", he further noted: 'Bishop, the worst of all is that the receiver the government gave is paying just GHS10,000 out of my over GHS1 million of my investment which was not a pyramid scheme but was a Bank of Ghana-approved institution'. Somebody also said: 'I'd rather put my money in a bottle and dig the ground in my backyard like my grandfather used to do and put it there because it is safer there than to put it in the bank or invest it'".

• "When they said those things to me, I said: 'Wow, money is failing'", just as it did in biblical Egypt.

• "So, this is not the first time money is failing or there is an economic meltdown or people losing their money; in Egypt, money failed. There was an economic meltdown also in Genesis Chapter 26: 1. The Bible says: 'There was a famine in the land besides the first famine that was in the days of Abraham. And Isaac went to Abimelech king of the Philistines, in Gerar'.

• There was famine in the land. Nothing was working. There was an economic challenge in the land of the Philistines but the Bible says in the verse 12 that: 'Then Isaac sowed in that land, and reaped in the same year a hundredfold; and the Lord blessed him'; 13: 'The man began to prosper and continued prospering until he became very prosperous'".


THE PRESIDING BISHOP OF PEREZ CHAPEL INTERNATIONAL, BISHOP CHARLES AGYINASARE


The Presiding Bishop of Perez Chapel International has encouraged the thousands of customers of the various financial companies that have been collapsed by their regulators not to despair because God is working to make them "a financial sign amidst the economic chaos" and also "setting them up" for "greatness and restoration".


During his second sermon on Sunday, 10 November 2019, Bishop Charles Agyinasare said "we have economic storms" in Ghana.


On Friday, 8 November 2019, Bishop Agyinasare noted, "53 fund management firms had their licences revoked and this is coming closely after the closure of 10 banks about a year and a few months ago, and three months ago 347 microfinance companies and 28 savings and loans and finance houses also closed down".



"SINCE THAT TIME, I'VE HAD DIFFERENT PEOPLE TALK TO ME ABOUT DIFFERENT THINGS". "SOMEBODY SAID TO ME: 'BISHOP, ALL MY SAVINGS AND INVESTMENTS ARE GONE'. ANOTHER SAID: 'IN YOUR BOOK, 'MONEY IN YOUR POCKET', YOU ENCOURAGE US TO SAVE FOR OUR FUTURE AND, SO, I’VE BEEN INVESTING BUT HE I AM; IT'S GONE'. A YOUNG MAN WHO HAD ASKED HIS EMPLOYERS TO BE INVESTING 20 PER CENT OF HIS SALARY IN PROVIDENT FUNDS SAID: 'BISHOP, I SHOULD HAVE BEEN EATING WELL WITH MY WIFE THAN TO BE SQUEEZING TO LIVE AND LOSING ALL MY INVESTMENT'.

"The [Securities and Exchange Commission] said in their report on Friday that some of the companies are owing people and they are not able to pay and some of them have even stopped operations", he noted.


He said: "Since that time, I've had different people talk to me about different things". "Somebody said to me: 'Bishop, all my savings and investments are gone'. Another said: 'In your book, 'Money in Your Pocket', you encourage us to save for our future and, so, I’ve been investing but he I am; it's gone'. A young man who had asked his employers to be investing 20 per cent of his salary in provident funds said: 'Bishop, I should have been eating well with my wife than to be squeezing to live and losing all my investment'.


"Yet another said", he continued: 'We should have been informed that these institutions had a problem so we could have salvaged our investments when the banks were being closed'. Another one said: 'The provident fund of 530 workers in my company are all in the balance'. In the same light, someone who has worked till 65 years and is going on retirement this year, said: 'I'm saddened and don't know what to do because the fund management firm my company investment our provident fund with just had its licence revoked'.


"Somebody also lamented", he further noted: 'Bishop, the worst of all is that the receiver the government gave is paying just GHS10,000 out of my over GHS1 million of my investment which was not a pyramid scheme but was a Bank of Ghana-approved institution'. Somebody also said: 'I'd rather put my money in a bottle and dig the ground in my backyard like my grandfather used to do and put it there because it is safer there than to put it in the bank or invest it'".


"When they said those things to me, I said: 'Wow, money is failing'", just as it did in biblical Egypt.


"So, this is not the first time money is failing or there is an economic meltdown or people losing their money; in Egypt, money failed. There was an economic meltdown also in Genesis Chapter 26: 1. The Bible says: 'There was a famine in the land besides the first famine that was in the days of Abraham. And Isaac went to Abimelech king of the Philistines, in Gerar'. There was famine in the land. Nothing was working. There was an economic challenge in the land of the Philistines but the Bible says in the verse 12 that: 'Then Isaac sowed in that land, and reaped in the same year a hundredfold; and the Lord blessed him'; 13: 'The man began to prosper and conti