Locked-up funds: Gold Coast customers threaten anti-Bawumia campaign


Customers of the defunct Gold Coast Fund Management, who have been grappling with locked-up investments due to the government’s license revocation, are once again demanding payment.

The group has warned that if the government fails to refund their money, they will campaign against Vice President Dr Mahamudu Bawumia in the upcoming elections.

Speaking passionately to a crowd of hundreds in Kumasi, Ashanti region, the convener of the group, Charles Nyame, expressed deep frustration with the government’s handling of their plight.

He questioned Dr Bawumia’s title as an economic hero, highlighting the insensitivity towards the suffering of the people.

“We trusted the system, and invested our hard-earned money for a secure future, but here we are, only to be cast aside like a dead news of yesterday. Where is the compassion? Where is the outrage at the stolen years, the stolen lives?” Mr. Nyame lamented.

He pointed out that many customers have died due to distress, while others continue to struggle under difficult economic conditions. Mr. Nyame criticized the government’s inability to pay locked-up funds despite preaching about financial inclusion and digitalization.

The group has set a deadline of June 30 for the government to refund their money, threatening to embark on a series of demonstrations if their demands are not met.

“A scream born from the depths of despair, fueled by years of neglect. We would not be silenced by apathy anymore. June 30th is our deadline. Give us back our money, every single cedi, with interest that reflects the stolen years and the shattered dreams,” Mr Nyame declared.


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