{"id":182826,"date":"2024-05-15T21:01:29","date_gmt":"2024-05-15T21:01:29","guid":{"rendered":"https:\/\/www.ghanamma.com\/2024\/05\/15\/locked-up-investment-holders-demand-government-action-to-retrieve-funds\/"},"modified":"2024-05-15T21:01:29","modified_gmt":"2024-05-15T21:01:29","slug":"locked-up-investment-holders-demand-government-action-to-retrieve-funds","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2024\/05\/15\/locked-up-investment-holders-demand-government-action-to-retrieve-funds\/","title":{"rendered":"Locked-up Investment Holders demand government action to retrieve funds \u2013"},"content":{"rendered":"<p><\/p>\n<div>\n<p><strong>Members of the Locked-up Investment Holders Forum have taken to the streets demanding the release of their locked-up investments<\/strong>.<\/p>\n<p>Members of the forum, consisting of individuals who invested in Finance Houses and Savings &amp; Loans Companies licensed by the Bank of Ghana, are facing financial difficulties as they struggle to access their investments.<\/p>\n<p>During a protest held on Wednesday, May 15, 2024, participants voiced their frustration, highlighting the prolonged period of financial strain.<\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/www.ghanamma.com\/wp-content\/uploads\/2024\/05\/WhatsApp-Image-2024-05-15-at-13.33.02.jpeg\" alt=\"\" class=\"wp-image-378596\"\/><\/figure>\n<p>One protester lamented, \u201cFor about 5 years, nothing has come into my account. I don\u2019t know whether it is a crime to invest your money. We are here for the Ministry of Finance to tell us something.\u201d<\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/www.ghanamma.com\/wp-content\/uploads\/2024\/05\/WhatsApp-Image-2024-05-15-at-13.33.01-2-2.jpeg\" alt=\"\" class=\"wp-image-378601\"\/><\/figure>\n<p>Another protester echoed similar sentiments, stating, \u201cIt\u2019s been four to five years, you cannot access your funds not even the interest nor the principal. Everything is totally locked up. The saddest part of the story is these institutions are still operating. The government needs to revoke their licenses and ensure they pay us our monies.\u201d<\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/www.ghanamma.com\/wp-content\/uploads\/2024\/05\/WhatsApp-Image-2024-05-15-at-13.33.01-1.jpeg\" alt=\"\" class=\"wp-image-378602\"\/><\/figure>\n<p>The demonstration aims to exert pressure on the Ministry of Finance to allocate funds for the Bank of Ghana to intervene by revoking the licenses of insolvent finance houses and savings and loans companies, thereby facilitating the repayment of depositors\u2019 funds.<\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/www.ghanamma.com\/wp-content\/uploads\/2024\/05\/WhatsApp-Image-2024-05-15-at-13.33.01.jpeg\" alt=\"\" class=\"wp-image-378603\"\/><\/figure>\n<p>As the protesters demand resolution, the government faces mounting pressure to provide a viable solution to alleviate the hardships endured by affected investors.<\/p>\n<p><strong>By Noble Crosby Annan<\/strong><\/p>\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"768\" height=\"576\" src=\"https:\/\/www.ghanamma.com\/wp-content\/uploads\/2024\/05\/image-871.png\" alt=\"\" class=\"wp-image-864505\"  \/><\/figure>\n<p><!-- AI CONTENT END 1 --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Members of the Locked-up Investment Holders Forum have taken to the streets demanding the release of their locked-up investments. Members of the forum, consisting of individuals who invested in Finance Houses and Savings &amp; Loans Companies licensed by the Bank of Ghana, are facing financial difficulties as they struggle to access their investments. During a [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":182827,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[],"class_list":["post-182826","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Locked-up Investment Holders demand government action to retrieve funds \u2013 - Ghanamma.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ghanamma.com\/2024\/05\/15\/locked-up-investment-holders-demand-government-action-to-retrieve-funds\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Locked-up Investment Holders demand government action to retrieve funds \u2013 - Ghanamma.com\" \/>\n<meta property=\"og:description\" content=\"Members of the Locked-up Investment Holders Forum have taken to the streets demanding the release of their locked-up investments. 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