Ghana News & Trends

I hide whenever I visit my hometown –Victim of locked-up investments

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A member of the Pensioner Bond holders Forum, Lawrence Kwaw Sam, has shared the emotional turmoil he has been experiencing since his investment became inaccessible.

The situation has not only affected his financial stability but has also strained his relationship with his extended family.

Sam expressed his disappointment in not being able to fulfill the promises he made to his loved ones due to the locked-up funds. He had hoped to use the investment to establish a business in his hometown after retirement, but that dream has been shattered after four years of waiting.

On June 5th, Lawrence Kwaw Sam and his fellow Forum members staged a picketing at the Finance Ministry to demand the release of their funds. Following the protest, they had a brief meeting with Dr. Adu Anane Antwi, the convenor, and some officials from the Ministry.

Dr. Anane Antwi assured the Forum members that he would relay their concerns to the Finance Minister and his Deputy, promising to arrange a meeting before the following Wednesday. However, if there is no positive response, the Forum members are prepared to continue their protests every Wednesday until their funds are released.

The struggle of Lawrence Kwaw Sam and his colleagues highlights the challenges faced by pensioners whose investments are tied up. The emotional and financial burden they carry serves as a reminder of the importance of safeguarding pension funds and ensuring timely access for retirees.

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