The Locked-Up Investment Holders Forum has resumed picketing at the Finance Ministry, demanding the release of their investments trapped in distressed financial institutions. The group’s protest comes in response to the ministry’s failure to engage with them as previously promised.
Advertisement
Despite assurances from Deputy Finance Minister Dr Stephen Amoah to address their grievances, the ministry has not yet provided the necessary assurances to enable the Bank of Ghana to disburse the locked-up funds. The investors are calling on the Finance Ministry to provide guarantees, declare insolvency, and revoke the licenses of finance houses, including NDK Financial Services and SIC Life Savings and Loans.
Advertisement
Dr Adu Anane Antwi, the convener for the Locked-Up Investment Holders Forum, expressed the group’s frustration in an interview with Channel One News. “We haven’t heard anything from the Ministry,” he said, emphasizing their commitment to continue picketing every Wednesday until their issue is resolved. Dr Antwi added that the group would pause their protests in December due to the elections and Christmas but would resume in the new year if their demands were not met.
“We are picketing every Wednesday until our problem is resolved and since it’s not been resolved, we are picketing. We have said that it’s only December and that because of the election and Christmas, we won’t come. If our problem is not solved after the new year, we’ll continue. We haven’t heard anything from the Ministry,” Dr. Antwi reiterated.
Leave a Reply