A group of aggrieved customers of Gold Coast Fund Management has accused Dr. Papa Kwesi Nduom, the owner of the company, of causing more harm to Ghana’s financial sector than Ato Essien, who is currently serving a jail term.
The group, in a press statement, alleged that Dr. Nduom has abandoned and destroyed the investments of almost 100,000 unsuspecting citizens, totaling over GHS 5 billion.
They also questioned Dr. Nduom’s recent claims that the government owes him GHS 7.1 billion, which he claims is the current value of the GHS 1.8 billion owed to him by the government as of 2019.
The group demanded that Dr. Nduom provide answers to several questions, including how much of the GHS 1.8 billion is principal and how much has accrued as interest.
They also gave Dr. Nduom a two-week ultimatum to address their concerns or face street action.
Click here to read the Aggrieved Customers of Gold Coast Fund Management’s full statement
By: Ernestina Afake | Metrotvonline.com | Ghana
