Locked-up investment holders suspend picketing at Finance Ministry for 2 weeks

The Locked-up Investment Holders Forum, comprising individual and institutional customers who have invested in Bank of Ghana-licensed financial institutions, has suspended their planned picketing at the Finance Ministry for two weeks.

This is because they have been invited to a meeting over their concerns by the Deputy Finance Minister.

This was disclosed by the lead convenor of the group, Dr. Adu Anane-Antwi, in a press statement on Tuesday.

Last Wednesday, the forum began the picketing at the premises of the Ministry, which saw 100 people show up to demand their locked-up funds for many years. Their petition was received by the Deputy Minister Designate for Finance, Dr. Stephen Amoah, who stated that he had to familiarise himself with their concerns.

The forum had also resolved to continue the picketing until November.

In the statement, Dr. Anane Antwi, who is also the immediate past Director-General of the Securities and Exchange Commission (SEC), said, “We wish to inform the press that following a call today from the Deputy Minister for Finance [name not disclosed] to have a meeting with him after returning from a trip on May 27, 2024, to discuss our petition, we are suspending the picketing for tomorrow, 22nd May, 2024, and Wednesday, 29th May, 2024.”

“We hope to have fruitful discussions with the Deputy Minister on our petition and have our locked-up investments paid to us,” the statement added.