For the second week in a row, the Locked-Up Investment Holders Forum has begun picketing in order to seek reimbursement for investments stuck in distressed financial institutions.
The group resumed their picket at the Finance government after the government failed to meet with them as promised.
Despite assurances from Deputy Finance Minister Dr. Stephen Amoah to resolve their concerns, the ministry has yet to offer the requisite assurances to allow the Bank of Ghana to release the locked-up cash.
Investors are requesting that the Finance Ministry offer assurances for declaring insolvency and revoking the licenses of finance companies such as NDK Financial Services and SIC Life Savings and Loans.
Dr. Adu Anane Antwi, the convener of the Locked-Up Investment Holders Forum, told Channel One News that the organization will keep picketing every Wednesday until their problem is fixed.
“We haven’t heard anything from the Ministry,” he said, adding that they will only pause their protests in December due to elections and Christmas, but will resume in the new year if their problem remains unsolved.
“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 that’s 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.”
