Joe Ghartey chairs committee to probe locked-up funds of Gold Coast Fund Management customers

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Parliament has taken a significant step to address the concerns of customers affected by the locked-up funds at the defunct Gold Coast Fund Management Limited.

An ad-hoc committee has been formed to investigate the matters surrounding the delayed payment of the customers’ funds.

Chaired by the Member of Parliament for Essikado Ketan, Joe Ghartey, the committee will delve into the reasons behind the government’s inability to disburse the locked-up funds and work towards finding a resolution for the affected customers.

The move follows a petition presented to the House by the Member of Parliament for Bawku Central, Mahama Ayariga, on behalf of the aggrieved customers. The petition not only seeks an investigation into the government’s failure to honour its commitment but also urges prompt action to ensure the disbursement of the locked-up investments.

In response to the pressing matter, the Speaker of Parliament, Alban Bagbin, announced the formation of the committee and appointed Joe Ghartey as its chair. The committee includes other members such as Edwin Nii Lante Vanderpuye, Dr. Benjamin Yeboah, Gizella Tetteh Agbotui, Kwasi Ameyaw-Cheremeh, and two technical experts.

Speaker Bagbin emphasized the urgency of the situation by providing the committee with a three-month window to conduct its investigation and submit a comprehensive report to the House.

SOURCE: DAILY MAIL GH

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