Gold Coast customers to March to Jubilee House over locked-up investments

Aggrieved customers of the defunct Gold Coast Fund Management are set to hit the streets on Tuesday, September 1, 2026, to demand the release of their outstanding locked-up investments.

The planned demonstration follows the failure of the 2026 Mid-Year Budget Review to provide for the full settlement of claims owed to affected customers.

Ahead of the budget review, the group had appealed to President John Dramani Mahama to direct the Ministry of Finance to make adequate provision for the complete payment of outstanding claims, citing the prolonged financial difficulties faced by thousands of investors.

The customers are expected to converge at the forecourt of the Ebenezer Presbyterian Church at Osu, from where buses will transport them to Jubilee House to present a petition to President Mahama.

Convener of the Aggrieved Customers of Gold Coast Fund Management, Charles Nyame, has urged all affected investors to participate in the action, describing it as an important step after years of waiting for their funds.

The group has also called on customers of other collapsed financial institutions to join the demonstration, arguing that the financial sector clean-up left thousands of investors with unpaid claims.

Organisers have stressed that the exercise will be peaceful and orderly, with buses arranged to convey participants from Osu to Jubilee House.

The renewed action comes against the backdrop of the prolonged process to compensate customers of financial institutions whose licences were revoked during the financial sector clean-up.

Gold Coast Fund Management, subsequently renamed Blackshield Fund Management, was among the institutions affected by the exercise.

In July, the aggrieved customers appealed for the full payment of their outstanding claims to be captured in the 2026 Mid-Year Budget, warning that continued delays were worsening the financial difficulties of affected investors.

With their demand not addressed in the budget review, the customers are now taking their concerns directly to the Presidency, insisting that government provide clarity on the outstanding payments and expedite the process of settling their claims.