Management of Consolidated Bank of Ghana has revoked the contract ACS Security Services Limited following the latest upheaval that hit the banking sector.

Over two thousand security men from the 5 collapsed banks have been affected in the process.

The security men who were under ACS Security Services Limited were sacked last Friday, August 31, 2018 after managers of Consolidated Bank Limited revoked the contract of the security company.

Our checks reveal that in the case of the defunct Beige Bank, ACS Security Services Limited deployed 4 security guards to each of the over 90 branches with two operating in the day and the others for night and swap simultaneously.

Information gathered by MyNewsGh.com says the security guards who work with branches of the four other collapsed banks including Unibank, Sovereign, construction and Royal banks have equally been fired in a similar fashion.

A document by Consolidated Bank Ghana Limited revealed that Vizico Security Company Limited has now been engaged for that same purpose.

The letter in part reads “this bank has engaged Vizico Security Company Limited to replace ACS Security, ACS guards. Kindly ensure a smooth handing over/transition before you close for the day.