Aggrieved customers of the defunct Gold Coast Fund Management are set to take their concerns to the streets on Tuesday, September 1, 2026, as they intensify pressure on the government to pay their outstanding locked-up investments.
The planned protest follows the failure of the 2026 Mid-Year Budget Review to include a full budgetary allocation for settling the claims of affected customers.
Ahead of the budget review, the investors had appealed to President John Mahama to instruct the Ministry of Finance to make adequate financial provisions for the complete payment of all outstanding claims. They argued that thousands of investors have suffered significant financial difficulties after their funds remained locked up for several years.
Gold Coast Fund Customers to Petition Jubilee House
The aggrieved customers are expected to assemble at the forecourt of the Ebenezer Presbyterian Church in Osu, where buses will transport them to Jubilee House to present a petition to President Mahama.
The demonstration represents a renewed effort by the affected investors to draw government’s attention to the delayed payment of their funds and demand urgent action from the Presidency.
Convener of the Aggrieved Customers of Gold Coast Fund Management, Charles Nyame, has called on affected customers to participate in the protest, describing the action as an important step after years of waiting for their investments to be paid.
The group has also invited customers of other collapsed financial institutions to join the protest. According to the organisers, the financial sector clean-up affected thousands of investors whose claims remain unresolved.
Peaceful Protest Planned Over Locked-Up Funds
The organisers have emphasised that the demonstration will be peaceful and orderly. Buses are expected to convey protesters from Osu to Jubilee House, meaning participants will not be required to walk to the Presidency.
The latest protest comes amid Ghana’s prolonged process of compensating customers affected by the financial sector clean-up. Gold Coast Fund Management, which was later renamed Blackshield Fund Management, was among the investment companies whose licences were revoked during the exercise.
Investors Demand Full Payment of Outstanding Claims
In July, the affected customers appealed to the government to include the full payment of their outstanding investments in the 2026 Mid-Year Budget Review. They warned that continued delays in paying their locked-up funds were worsening the financial hardship faced by investors and their families.
However, with their demand still unresolved, the customers are now taking their campaign directly to Jubilee House.
The aggrieved investors are calling on the government to provide a clear timeline for payment and accelerate the process of settling all outstanding claims.
The protest is expected to renew public attention on Ghana’s locked-up investments, collapsed financial institutions, investor compensation and the financial sector clean-up, as affected customers continue to demand the recovery of their funds.
Source: newsthemegh.com