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Locked-up Investment Holders Forum pickets at finance ministry again

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The members of the Locked-up Funds Investment Holders Forum have resumed their public protest demanding payment of their locked-up funds by the finance ministry.

Last year the investors received assurances from the central bank, Bank of Ghana, to revoke the licenses of the insolvent finance Houses and Savings & Loans Companies provided the Finance Ministry makes funds available.

Since then they have held a series of protests demanding the finance ministry to provide the money.

Following assurances from Deputy Minister of Finance, Dr Stephen Amoah, the group suspended the protests for two weeks.

However, they are back picketing again due to a lack of further engagement from the ministry.

The convenor for the Locked-up Funds Investment Holders Forum Dr. Adu Anane Antwi, stated: “We suspended it for May 22 and 29. The deputy minister travelled, he came back and we were expecting him to call us for the meeting but we didn’t hear anything. So, tomorrow will be one week since I sent him a message through SMS and WhatsApp that we are waiting for him to call us for the meeting and he should try to call that meeting before the next picketing time which is today.

We haven’t heard anything from him. So, if the suspension was made to enable us to meet the ministry and they are not prepared to meet us, then there is no need going on with the suspension.”

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