Radio Progress News first radio station in the Upper West Region
Members of the Locked-Up Investment Holders Forum have taken to the streets for the eleventh time, demanding payment of their locked-up funds.
The group, comprising customers of distressed financial institutions, including NDK Financial Services, expressed disappointment at the Finance Minister’s reluctance to provide assurances for the Bank of Ghana (BoG) to pay funds locked up in defunct finance houses.
Despite petitioning the Finance Ministry, the group feels neglected, leading them to resume protests.
Dr Adu Anane Antwi, convenor of the forum, stated that the lack of engagement with the Finance Ministry left them no choice but to demonstrate.
The investors urged the government to utilised the unallocated GH¢200 million from the GH¢4 billion allocated to address challenges in the financial sector, including GH¢2.3 billion for NIB’s recapitalization, to pay locked-up funds.
