Aggrieved Customers of Gold Coast Fund Management conclude 32-hour protest outside Finance Ministry today

The Aggrieved Customers of the now-defunct Gold Coast Fund Management have concluded their protest outside the Finance Ministry premises.

Over the past two days, the group had been picketing to highlight their plea for the release of their inaccessible funds, a demonstration that lasted for a total of 32 hours.

Expressing their frustration, the group claims that the Securities and Exchange Commission (SEC) has yet to disburse funds to its members, whose investments were trapped following their previous protest in October 2023.

Despite their attempts, the group asserts that all endeavors to recover their locked-up funds from the collapsed Gold Coast Fund Management Company have been unsuccessful.

This marks the second demonstration by the group, the previous one occurring a month ago. At that time, the Finance Ministry assured the protesters that their concerns would be addressed, leading to the suspension of the protest.

However, the ministry allegedly failed to fulfill their commitment, prompting the renewed picketing.

Some members of the customer group emphasized that their primary objective is to secure the release of their funds.

Beatrice Enyonam

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