A group of aggrieved customers of the collapsed Gold Coast Fund Management Company has taken to the streets, besieging the premises of the Ministry of Finance.
The protesters are demanding the release of their locked-up funds, which were tied to the now-defunct financial institution.
The group had previously announced their intention to picket at the Ministry of Finance, and today they have followed through on their promise.
Their primary objective is to exert pressure on the government to fulfill its commitment to repay the locked-up funds.
The Gold Coast Fund Management Company, under the name Black Shield Capital Limited, held the investments of approximately 55,000 customers before its license was revoked by the government. The sudden closure of the company resulted in substantial financial losses for many investors.
The protesting group has vowed to continue their demonstration for a continuous 48 hours, starting from Tuesday, October 10, 2023, until Thursday, October 12, 2023, at 11:00 a.m.
They are determined to persist in their efforts to secure the release of their funds, citing the government’s perceived negligence towards their pleas as the reason for their protest.
Mr. Charles Nyame, the Convener of the Aggrieved Customers of Collapsed Gold Coast Fund Management Company, emphasized their commitment to staying at the Finance Ministry until their demands are met.
