Michael Blackson to sue Ministry of Finance over locked-up Eurobond investment

Popular American comedian and actor of Ghanaian descent, Michael Blackson, has stated that he plans to initiate legal action against the Ministry of Finance for ruining his Eurobond investment.

According to him, the investment was aimed at using the potential earnings to fund his school. However, he now has to resort to a different source to get funds for the school.

Michael Blackson, who has been ranting about the issue since the financial investment got locked up, took to social media on October 14, 2024, once again to lament his frustration and announce the legal proceedings.

He stated, “I’m seeking legal actions against the finance ministry of Ghana. I have a free school I’m financing on my own, and they took away the potential earnings I was going to use to fund the school. Now I have to figure something else out for those poor kids.”

Blackson had earlier said that he had purchased Eurobonds to run his school at Agona Nsaba (Michael Blackson Academy) but has had challenges with recouping his investment.

According to him, he invested in Eurobonds because he figured that would help pay for the lifespan of the free school he built.

However, he said, “Ghana decided to use our money to pay their debt to China or whoever and leave us hanging.”

I’m seeking legal actions against the finance ministry of Ghana 🇬🇭. I have a free school I’m financing on my own and they took away the potential earnings I was going to use to fund the school. Now I have to figure something else out for those poor kids.

— Michael Blackson (@MichaelBlackson) October 14, 2024

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