Aggrieved Gold Coast Fund Customers Accept GH¢1.5 Billion Bailout, Urge Government for Full Compensation
The Aggrieved Gold Coast Fund Customers have expressed cautious relief following the announcement of a GH¢1.5 billion bailout package for investors affected by the 2019 revocation of fund management licenses. The group’s convenor, Charles Nyame, shared their response during an interview on Eyewitness News with Umaru Sanda Amadu on Citi FM, stating that while the announcement is welcome, there is lingering disappointment. Nyame explained, "We are not entirely happy because it has been over six years, and our funds have depreciated. We would have preferred full payment." The Securities and Exchange Commission (SEC) recently announced the release of the GH¢1.5...
