Honour promise to pay locked-up funds – Defunct Gold Coast customers tell Mahama
Aggrieved customers of the defunct Gold Coast Fund Management have appealed to President John Dramani Mahama to honour his campaign commitment to settle their outstanding locked-up funds and make a dedicated provision for the claims in the 2027 Budget. The group estimates that more than GH¢3 billion remains outstanding and wants the government to make […]
Customers of the defunct Gold Coast Fund Management have urged President John Dramani Mahama to honour his election promise to settle their outstanding locked-up funds. The group estimates that over GH¢3 billion remains unpaid and is demanding a clear financial commitment from the government when the 2027 Budget is presented in November.
Convener Charles Nyame expressed frustration, stating that customers have waited three years for the President to fulfil his campaign commitment. He emphasized that most of the affected customers are pensioners, accounting for more than 80% of the group, and that over 1,460 members have sadly passed away since their investments became inaccessible.
Nyame appealed to the government to take urgent action and provide a clear timeline for the payment of these claims.
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