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The Locked-up Investment Holders Forum has decided to suspend their scheduled picketing today, after receiving a call for a meeting from the Deputy Finance Minister.
The forum, which advocates for individuals who have invested in Finance Houses and Savings & Loans Companies licensed by the Bank of Ghana but are unable to access their funds, had previously staged a protest at the Ministry of Finance on Wednesday, May 15, 2024. This demonstration aimed to urge the Finance Minister to allocate funds for the repayment of depositors’ funds from insolvent Finance Houses and Savings & Loans Companies whose licenses were revoked by the Bank of Ghana.
The forum had informed the police of their intention to continue picketing the Ministry every Wednesday until the end of November 2024 if their demands were not met. Accordingly, they were scheduled to protest again tomorrow, Wednesday, May 22, 2024.
However, the forum announced today that they will suspend the planned picketing on May 22 and May 29, 2024, following a call from the Deputy Finance Minister. The Deputy Minister requested a meeting to discuss their petition after his return from a trip on May 27, 2024.
The forum expressed hope for productive discussions with the Deputy Minister to resolve their issues and secure the repayment of their locked-up investments. They also called on the media to support their cause.
