Aggrieved Gold Coast Fund Customers Protest at Finance Ministry Over Unreleased Funds

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Customers of the now-defunct Gold Coast Fund Management have initiated a 32-hour protest at the Ministry of Finance, demanding the release of their locked-up funds. Approximately 100 individuals comprising this group aim to exert pressure on the government to address their financial predicaments.

Several aggrieved customers shared their stories, emphasizing the urgency of retrieving their money. One individual, citing an unfortunate accident, recounted having about GH¢200,000 saved with the firm, intending to support their children’s education. However, due to the funds being inaccessible for three to four years, they were compelled to divert their children to vocational training instead of university.

Expressing frustration, another customer highlighted the impact on their livelihood, stating that the government’s inaction led to their business stagnation, leaving them reliant on family for survival. The sentiment echoed among protesters was a collective call for the government to acknowledge their plight and honor their financial commitments.

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A 66-year-old protester reflected on their lifelong investment, originally intended to sustain them through retirement. However, the unresolved situation has shattered their retirement plans, leaving them in a state of uncertainty.

Furthermore, there were claims of misinformation circulating, with some asserting that even President Nana Addo Dankwa Akufo-Addo might have been misled about the situation by Finance Minister Ken Ofori-Atta. These assertions left demonstrators feeling disheartened by the lack of resolution and the perceived disconnect between the government’s statements and the ground realities faced by the affected customers.

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About Juventus Kantaayel

Juventus Kantaayel is a Ghanaian news/content writer with three years of experience, known for detailed and timely reporting on issues in Ghana and beyond.

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