Customers of the defunct Gold Coast Fund Management have announced that they are giving the government a window of opportunity up till the end of August to pay their locked-up funds.
According to the group, this is the last opportunity they are giving the Minister for Finance to redeem its promise after failing to honor an earlier pledge made to the customers.
The group planned to embark on massive protests beginning today, August 5 but was forced to suspend the activities following an earlier meeting with the Minister for Finance.
Convenor of the group, Charles Nyame says the Minister in the meeting pleaded for time to enable him to mobilize funds to pay the investments of the customers.
According to the convenor, even though the government failed to meet the timeliness of its earlier promise since the Minister has asked for time, they will give him the benefit of the doubt but added that this will be the last chance for him to redeem himself.
“We made it clear to the government that this is the second time they are giving us their timelines. We want people to understand that we’re not doing this for political expediency sake. It’s the money that we want, we’re in a political season and we don’t take joy in muddying the water for any political party or playing the bidding of any political party,” the convenor explained.
“We need the money, so if the government has come forward to say wait give me a little time, this is the second time and we have to agree. We made it clear to them that this is the last chance, the last opportunity we’re giving them,” he added.
Charles Nyame further indicated that the failure of the government to take advantage of this grace period to pay their funds will result in a series of sustained demonstrations until their wish is granted.
“If they fail to do as they have said, there’s no way we will enter into any agreement or negotiations with them. We’re going to plan for a sustained series of demonstrations until we see all our monies paid to us, should they fail to pay all our monies in August as they have promised,” the convenor further noted.
The affected customers complain that their locked-up investments in the past years have left many of them in serious psychological and medical situations while others have lost their lives.
