Members of the Locked Up Investment Holders Forum say they are unfazed by the continuous disrespect shown them by the leadership of the Finance Ministry and will continue to press home their demand for the release of their funds.
According to the Forum, nothing will stop them from their weekly picketing at the Finance Ministry until they receive their funds.
Once again, the Finance Ministry treated the members of the Forum with disdain, as not a single official attended to them when they picketed at the premises on Wednesday, July 24, 2024.
“Since the third time we picketed at the premises of the Finance Ministry and we had some officials attending to us, we’ve embarked on six outings with not even a single official coming over to say even just a word to us. Absolutely nobody came to say anything to us; we were treated with contempt as we were neglected for all the time we spent at the ministry’s premises on Wednesday. They just don’t respect us, and have left us to our own fate. They have decided to ignore us and watch us as we do what we want. They know once we stand there and we are tired, we’ll leave the place out of our own will,” the convener of the Locked Up Investment Holders Forum, Dr. Adu Anane Antwi, said in an interview with New York-based Adinkra Radio Morning Show host, Daakyehene Ofosu Agyemang.
He continued: “When you are in a position of authority, you must also respect the people you lead or your subordinates. This is where the leadership of the Finance Ministry has woefully failed. Whether they attend to us or not, we will continue picketing until we get our locked-up funds paid. We will certainly be there next week.”
Members of the Locked Up Investment Holders Forum have their investments, running into millions of Ghana cedis, locked up in some distressed financial institutions licensed and regulated by the Bank of Ghana.
The financial institutions, which include NDK Financial Services, SIC Savings and Loans, Bond Savings and Loans, and SDC Financial Services, have for the past six years failed to pay either the principal or dividend to their customers despite several calls at their various offices.
The members of the forum, many of whom have reached their retiring age, say the situation has left them living like paupers, unable to have a comfortable life.
They are therefore urging the government, through the Ministry of Finance, to declare the affected institutions insolvent and pay off their locked-up funds.
Source: Adinkraradio.com
