The Pensioner Bondholders Forum will today resume an indefinite protest at the Ministry of Finance to demand the payment of their matured coupons and principals.
The government has failed to meet its obligations to pensioner bondholders who were exempted from the Domestic Debt Exchange Programme and to individual bondholders who did not participate in the scheme.
According to Dr. Adu Anane Antwi, Convenor for the group, the government has not paid their matured coupons and principals for more than two months. “We are fighting for exemptions, we have been exempted, and now we are not being paid.
We are fighting for coupons and payments. From March 1, some people said they have received their coupons on the first one while others said on the 5th one. We don’t know which ones they are paying. If they had started paying March 3 and March 5 that is the payment they have started paying. From that time will be about two months and over in arrears. They haven’t said anything and that is the worrying situation,” he lamented.
The Pensioner Bondholders Forum is protesting at the Ministry of Finance to demand payment of their matured coupons and principals. The government has failed to meet its obligations to pensioner bondholders who were exempted from the Domestic Debt Exchange Programme.
The Pensioner Bondholders Forum is fighting for exemptions, coupons, and payments that have been overdue for more than two months. The group is demanding that the government fulfill its obligations to pensioner bondholders who were exempted from the Domestic Debt Exchange Programme.
