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Pensioner Bondholders insist government must pay interest outstanding principals

Pensioner Bondholders insist government must pay interest outstanding principals

Members of the Pensioner Bondholders’ Forum say they will insist that the government pay interest on all principals it has been holding for the past four months.

Government has failed to pay the Bondholders four principals which have matured within the period of February to May.

Leadership of the group was Friday morning meeting with officials of the Finance Ministry upon the invitation of the Deputy Finance Minister, Abena Osei Asare.

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Speaking to JoyNews ahead of the meeting, Convener, Dr.

Adu Anane Antwi said members of the Forum will insist additional interests are paid.

“We have said that this is an investment capital, the capital that people are investing.

If you keep holding it, the only thing you have to do is to pay interest for the days that you have held this funds.

So that is all.

This meeting is (about) what interest are you going to pay, then we can talk about when you’re going to pay.

If we deal with the interest payment, when you’re going to pay will not be too big an issue because as long as it is with you it keeps on running as if the bond has not matured…”

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Tags:   Finance Ministry Pensioner Bondholders Forum

Original Story on: MyJoyOnline
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