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Entertainment of Wednesday, 18 September 2024

Source: www.ghanaweb.com

What celebrities have said about Michael Blackson’s Eurobond investment woes

Ghanaian actor cum comedian, Michael Blackson Ghanaian actor cum comedian, Michael Blackson

Some celebrities have responded to Michael Blackson’s outbursts regarding the Ghanaian government ruining his investments.

In a series of posts on X, Blackson revealed that he purchased Eurobonds to fund his school in Ghana, but has faced dire challenges in recouping his investment.

He explained that he invested in Eurobonds, believing they would sustain the free school he built.

However, Blackson expressed frustration that the Ghanaian government used the funds to pay off its debts, leaving investors like him in a difficult space.

“Who’s the minister of finance in Ghana? I have beef with this guy. People from the diaspora chose to invest in our continent, and now our money is being used to pay debt, with two disappointing options: a 37% cut for 5% interest over 11 years, or no cut with just 1.9% interest over 15 years. I’m very disappointed in my people for this,” parts of his post read.

His comments have since sparked widespread reactions on social media, particularly among celebrities including media personalities.

Many expressed disappointment in the government for how it has treated Michael Blackson, while others worry that it reflects poorly on the country.

Some believe that these allegations should be taken seriously, as they could deter potential investors globally.

Read some of the tweets below:














EB/MA