Members of the Locked-Up Investment Holders Forum have once again taken to the streets to demand the release of their locked-up funds.
This marks the eleventh protest by the group, comprised of customers of troubled financial institutions such as NDK Financial Services.
Disappointed by the Finance Minister’s lack of commitment to securing funds from the Bank of Ghana (BoG) for the payment of locked-up investments, the forum has intensified their efforts to seek redress.
Dr Adu Anane Antwi, the forum’s convenor, expressed the group’s dissatisfaction with the Finance Ministry’s inaction, prompting them to escalate their protests.
Calling for the utilization of the unallocated GH¢200 million from the GH¢4 billion earmarked for financial sector challenges, including NIB’s recapitalization, the investors believe this could facilitate the payment of their locked-up funds.
They are urging the government to prioritize the needs of affected investors by reallocating funds accordingly.
The forum further stressed the importance of restoring trust in the financial market and ensuring its stability.
They are seeking concrete financial commitments from the government to enable the BoG to address the situation effectively.
