Customers affected by the collapse of Gold Coast Fund Management have urged President John Dramani Mahama to make the repayment of all outstanding investments a priority in the government’s 2026 Mid-Year Budget Review.
The group, led by its Convenor Charles Nyame, said thousands of investors have endured years of financial struggles after losing access to their funds following the shutdown of the investment firm.
In a statement issued ahead of the Finance Minister’s presentation of the Mid-Year Budget Review to Parliament, the customers called on the government to allocate enough funds to settle all remaining claims owed to affected investors.
They explained that many victims, including pensioners, employees, widows and small business owners, have faced serious financial difficulties because they have been unable to retrieve their investments.
The group said some affected customers have struggled to pay for healthcare, cater for their families and sustain their businesses, while others have died without receiving the money they invested.
“We are not asking for charity. We are demanding the return of our own hard-earned money,” the group stated.
The customers also reminded President Mahama about a promise they said he made during the 2024 election campaign to fully settle outstanding payments owed to financial sector crisis victims within his first year in office.
They noted that the period mentioned has passed, yet many investors are still waiting for their funds.
“Mr President, this is a defining moment. Your integrity and credibility are now on the line,” the statement said.
According to the group, the 2026 Mid-Year Budget Review provides the government with an important opportunity to show commitment to accountability and rebuild trust among affected customers.
They urged the President and Finance Minister to include a complete financial arrangement that will allow all outstanding claims to be paid.
“Every additional postponement deepens the pain of families who have already endured years of financial distress,” the group said.
The Aggrieved Customers of Gold Coast Fund Management stressed that resolving the issue would bring relief to thousands of Ghanaians and also help restore confidence in the country’s financial sector.
They called on the government to take immediate action, adding that victims are waiting for a lasting solution to the long-running matter.
