POLITICS

LIVESTREAMING: Parliament commences investigations into defunct Gold Coast Fund

Parliament has commenced investigations into issues surrounding the failure of the government to pay customers of the defunct Gold Coast Fund, also known as Blackshiled Limited.

The Speaker of Parliament, Alban Bagbin, in December 2023, set up a 7-member ad hoc committee of parliament to look into the matter.

The committee would be chaired by the Member of Parliament (MP) for Essikado-Ketan and former Attorney General and Minister of Justice, Joe Ghartey.

The other members of the committee include MP for Odododiodioo, Nii Lante Vanderpuye; MP for Tano South, Benjamin Yeboah Sekyere; Awutu Senya West MP, Gizella Akushika Tetteh-Agbotui; and Sunyani East MP, Kwasi Ameyaw-Cheremeh.

Dr Theo Acheampong, an economist, and, a political risk analyst, Antonio Kisseh – the two remaining members of the committee, will provide technical support.

Funds of customers of the defunct fund, valued at about GH¢5 billion, were following the decision of the government of Ghana, through the Ministry of Finance and Economic Planning, to carry out a financial sector cleanup exercise initiated in 2018.

Watch a livestream of the sitting below:

 

Source: www.ghanaweb.com

Ogyem Solomon

Solomon Ogyem – Media Entrepreneur | Journalist | Brand Ambassador Solomon Ogyem is a dynamic Ghanaian journalist and media entrepreneur currently based in South Africa. With a solid foundation in journalism, Solomon is a graduate of the OTEC School of Journalism and Communication Studies in Ghana and Oxbridge Academy in South Africa. He began his career as a reporter at OTEC 102.9 MHz in Kumasi, where he honed his skills in news reporting, community storytelling, and radio broadcasting. His passion for storytelling and dedication to the media industry led him to establish Press MltiMedia Company in South Africa—a growing platform committed to authentic African narratives and multimedia journalism. Solomon is the founder and owner of Thepressradio.com, a news portal focused on delivering credible, timely, and engaging stories across Ghana and Africa. He also owns Press Global Tickets, a service-driven venture in the travel and logistics space, providing reliable ticketing services. He previously owned two notable websites—Ghanaweb.mobi and ShowbizAfrica.net—both of which contributed to entertainment and socio-political discussions within Ghana’s digital space. With a diverse background in media, digital journalism, and business, Solomon Ogyem is dedicated to telling impactful African stories, empowering youth through media, and building cross-continental media partnerships.

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