Aggrieved customers of Gold Coast Fund Mgt threaten to picket at Finance Ministry
Leaders of the aggrieved customers of the defunct Gold Coast Fund Management Company have given government up to July 24 to accelerate efforts to pay their locked –up funds or commence a 36-hour picketing at the Finance Ministry.
This is coming after the aggrieved group made a call for an investigation into the Economic and Organized Crime Office over its inability to produce a server needed for an ongoing Liquidation Case between the Registrar of Companies and Blackshield Capital Fund Management Limited court case.
Charles Nyame, convener of the aggrieved customers, and he has been speaking to Citi Business News.
“We are giving government an ultimatum up till 24th July to pay us our locked-up funds because it has been 5 – years now and we have seen government committing other funds to other groups who also fell victim to government’s financial reforms,” he said.
The collapsed financial institution under the name BlackShield Capital Limited had about 55,000 customers whose funds were locked up shortly before the regulator revoked its license and have since been pressing home their demands for the release of their funds.
“If we don’t get our money by 24thJuly, we have notified the police for a 36 – hour continuous demonstration at the Ministry of Finance,” Charles Nyame emphasized.
Source: Ghana Business
