Aggrieved Customers of Gold Coast Fund Management issue June 30 ultimatum to government

Aggrieved Customers of the defunct Gold Coast Fund Management have issued an ultimatum to government to release members’ locked up funds.

They have given the government up to June 30, 2024 to respond to their concerns.

Over 50,000 of customers have their investments locked up following the revocation of the company’s licence by the Securities and Exchange Commission (SEC) in November, 2019.

The company was among 53 others who had their licenses revoked for various infractions, including their inability to pay clients their investments.

The revocation was however followed with a promise to pay customers their monies.

But the aggrieved customers cannot understand why government has refused to settle them after almost 5 years.

“Our heart aches with every passing day. Five years of staring at empty plates, wondering how to pay for the medications our loved ones desperately need.

“We trusted the system, invested our hard-earned money for a secured future, but here we are, only to be cast aside like a dead news of yesterday.

“June 30th is our deadline. Give us back our money, every single cedi, with interest that reflects the stolen years and the shattered dreams. It’s the only way to mend the gaping hole in our lives”, Convener of the group, Charles Nyame said at a press conference in Kumasi.

The group indicated, their choice of vote in the December 7 presidential election would be influenced based on how government respond to their demands.

“This election season, our vote won’t be a choice, it will be a scream. A scream born from the depths of despair, fueled by years of neglect. We would not be silenced by apathy anymore. We will be an opposition party to the ruling New Patriotic Party government if our demands are not met before the deadline”.

The post Aggrieved Customers of Gold Coast Fund Management issue June 30 ultimatum to government first appeared on 3News.

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