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Michael Blackson Threatens Legal Action Against Ghana Over Investment Loss.

Michael Blackson Threatens Legal Action Against Ghana Over Investment Loss.

American comedian and Ghanaian native, Michael Blackson, has expressed his deep disappointment and frustration with the Ghanaian government over the mishandling of his significant investment. In a series of social media posts, Blackson revealed that he had purchased Eurobonds to support his charitable endeavor, the Michael Blackson Academy in Agona Nsaba.

Blackson had intended for the Eurobonds to provide long-term financial stability for the academy, which offers free education to children from kindergarten to Basic 3. However, he claimed that the Ghanaian government used the funds to repay debts to China or other creditors, leaving investors like himself in a precarious situation.

In response to the government’s actions, Blackson publicly criticized the Finance Minister and announced his intention to take legal action. He expressed his dismay at the government’s decision to offer investors a choice between a significant haircut on their investment or a much lower interest rate and longer maturity period.

Despite the financial setback, Blackson remains committed to the success of his academy, stating that his love for the unprivileged youth of Ghana keeps him motivated to continue operating the school.

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