The Locked-Up Investment Holders Forum has resumed picketing for the second consecutive week, demanding the release of their investments trapped in distressed financial institutions.
The group returned to the Finance Ministry after the ministry failed to engage with them as previously promised.
Despite assurances from Deputy Finance Minister Dr. Stephen Amoah that their grievances would be addressed, the ministry has yet to provide the necessary assurances to enable the Bank of Ghana to release the locked-up funds.
The investors are calling for the Finance Ministry to provide guarantees to declare insolvency and revoke the licenses of finance houses, including NDK Financial Services and SIC Life Savings and Loans.
Dr. Adu Anane Antwi, the convener for the Locked-Up Investment Holders Forum, spoke to Channel One News, stating that the group will continue to picket every Wednesday until their issue is resolved.
“We haven’t heard anything from the Ministry,” he said, noting that they will 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. Since it’s not been resolved, we are picketing. We have said that it’s only December, because of the election and Christmas, that 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,” Dr. Anane Antwi added.
The investors remain steadfast in their demand for action, seeking resolution and recovery of their investments.
