Aggrieved customers of the defunct Gold Coast Fund Management, under GN Bank, stormed the Ministry of Finance on Tuesday, October 10, 2023, to demand the disbursement of their locked-up funds.
The customers say, the GH¢8.6 billion approved by Parliament to settle their members is yet to be paid.
Mr Charles Nyame the convener of the aggrieved customers, lamented that over 800 of their members have died in the last five years due to the government’s refusal to pay their investments.
According to him, it has been five years, and they have over 800 of their colleagues who were old people and are now dead.
“We have evidence of their obituaries. That is the reason why we are here to picket for 48 hours non-stop. We demand that the Finance Ministry release monies to the commercial banks to credit our accounts before we will leave the place,” he said.
The Securities and Exchange Commission revoked the company’s operating license in 2019 as part of the government’s financial sector clean-up.
Source: Oyerepafmonline.com/Bernard K Dadzie
