Man caught on video as he shuts down power supply to Gold Coast Securities over 150k

Man caught on video as he shuts down power supply to Gold Coast Securities over 150k

A man who is owed GHC 150,000 by investment firm Gold Coast Securities, went to one of the branches of the company to cut off their electricity, demanding all of his money.

Prince Owusu, a young man to whom Gold Coast Securities owed GHC150,000, has in protest, cut off the power supply to the Adum office of the company, forcing management to shut down operations for sometime.

According to a Myjoyonline.com report sighted by YEN.com.gh, both customers and management of the investment firm were left surprised by the action taken by Owusu.

Prior to his more drastic decision, Owusu went to the Gold Coast Adum office with loud rants, curses, and incessant demands to be paid his locked up investments of GHC 150,000 on Tuesday, April 2, 2019.

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An investment advisor working for the company who did not want to be named, said they were in the process of gathering data on clients to work out a payment plan.

But this was not something Owusu wanted to hear.

Buoyed by support from other customers whose monies were also with the firm, Owusu launched scathing attacks on President Nana Akufo-Addo for a supposed failure to act to retrieve citizens’ locked portfolios in the investment company.

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In March 2019, YEN.com.gh reported that aggrieved customers of Gold Coast registered their displeasure with the way their fund managers continued to treat them over investments.

The customers complained that they had not been able to access their investment since September 2018.

According to them, officials of the investment firm, a subsidiary of the GN Group, promised in 2018 that they will be able to access their investments beginning March 1, 2019.

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Source: Yen

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