Pensioner Bondholders to resume picketing on June 1 over gov’t’s failure to pay their outstanding coupons

Pensioner Bondholders in the country have expressed their frustration at the government’s refusal to pay their outstanding coupons.

According to the Forum, several pleas for the government to pay their claims have fallen on deaf ears.

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The group has thus indicated its readiness to resume picketing on Thursday, June 1, 2023, after it announced a suspension of the picketing on Monday, May 15, 2023, after its members reached an agreement with the Ministry of Finance to initiate their payments.

A statement signed by the Convener of the Pensioner Bondholders Forum, Dr Adu A. Antwi, “On 22nd May 2023, having realised that the Ministry had failed to pay two (2) of the outstanding coupons it had promised to pay (i.e. coupons due on 15th May 2023), we wrote to request the Ministry to ensure the immediate payment of the two (2) outstanding coupons and another coupon that had become due on 22nd May 2023. We also, once again, requested the Ministry to start immediate engagement with us and reach an agreement with us on the payment of all outstanding principals.”

“Consequently, we have informed the police that we shall resume our picketing on Thursday 1st June 2023. On resumption, we shall picket on Thursdays and Fridays of every week until the Ministry returns the payment of due coupons and principals to normalcy, that is pay on due dates without any delays”.

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Click here to read the statement by Pensioner Bondholders Forum

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