The pressure group “Pay Gold Coast Customers Now” has begun a 24-hour nonstop protest at the Ministry of Finance in Accra in the settlement of their investment they had with the Gold Coast Security Farm management financial investment.
Their investment was affected by the financial cleaning exercise carried out by the government in restructuring and addressing the challenges of some distressed banks, microfinance institutions, and investment fund managers.
The convener Mr. Charles Nyame opined that about 51,000 customers have been affected by this financial investment restructuring in protecting their investment, which cost the government about 26 million Ghana cedies.
He said it’s very unfortunate to note that about 800 members of their customers have died as a result of this banking structuring exercise with the hope it can bring change and improvement in their financial portfolios and individual investments.
He reiterated that the 8.6 billion cedies parliamentary budget approved for settlement of their investment has failed. All attempts in dialogue and meetings of the parliamentary financial committee and the Ministry of Finance have not achieved any results.
Mr. Charles Nyame stated that this protest is going to be the only option to picket at the Ministry of Finance in protest of their lost investment for the past years.
Story by: AYM Kukah E:mail kukahalexander7@mail.com
