Michael Blackson, an American comedian and actor of Ghanaian descent, has voiced his frustration with the Ghanaian government over setbacks to his investments.
In a series of posts on X, Blackson disclosed that he purchased Eurobonds to finance his school, the Michael Blackson Academy in Agona Nsaba, but has struggled to recover his funds.
He explained that he invested in Eurobonds with the expectation that the returns would sustain the school’s operations. However, he claims, “Ghana decided to use our money to pay their debt to China or whoever, leaving us hanging.”
Outraged, Blackson directed his criticism at the Finance Minister, expressing his disappointment.
“Who is the Finance Minister in Ghana? I have an issue with him. People in the diaspora invested in our continent, yet they used our money to settle debts and gave us two poor options: either take a 37% cut with 5% interest and an 11-year maturity, or no cut but 1.9% interest with a 15-year maturity. This deeply disappoints me in my people,” he wrote.
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https://twitter.com/michaelblackson/status/1836109352794755136?s=46&t=joEp7HuaE6xS7mvh4fARMw
