Aggrieved Gold Coast Fund Customers Vow to Pursue Dr. Nduom for Interest Amidst Gov’t Standoff | General News

The Aggrieved Customers of Gold Coast Fund Management have announced their intention to pursue Dr. Paa Kwesi Nduom to reclaim the interest on their locked-up investments after dealing with the government.

Their statement follows the Founder and Chief Executive Officer of Groupe Nduom, Dr. Paa Kwesi Nduom demanding that the government settle a GHc7.1 billion debt owed to his defunct GN Bank as part of the banking sector clean-up and reforms conducted by the Bank of Ghana in 2017.

The Convener of the Group, Mr. Charles Nyame emphasized in an interview with Peace FM News that they refuse to let their investment funds devalue while Dr. Paa Kwesi Nduom benefits from their interest.

They vowed to exhaust all avenues to ensure he does not receive the interest, especially since he intends to use GHc1.8 billion to recoup over GHc7 billion over six years, which they assert is their invested capital.

Furthermore, Mr. Nyame stressed the government’s responsibility to hold Dr. Paa Kwesi Nduom accountable, attributing his actions and inactions to the unfortunate demise of some of their members.

Therefore, they are determined to pursue him for their rightful interest.

Mr. Nyame also cautioned Dr. Paa Kwesi Nduom that they patiently await the government’s payment of the validated figures which was backdated to 2018, after which they will pursue legal means to retrieve the remainder of their interest.