American comedian and actor of Ghanaian descent, Michael Blackson, criticized the Ghanaian government for impacting his investments. In a series of posts on social media, he shared that he had purchased Eurobonds to support his school in Agona Nsaba (Michael Blackson Academy), but faced difficulties in recouping his investment. He explained that he had chosen Eurobonds as a way to finance the ongoing expenses of the free school he had established. However, he expressed frustration, stating, “Ghana decided to use our money to pay their debt to China or whoever and leave us hanging.”
Unhappy with the situation, he called out the Finance Minister in the wake of his concerns. “Who’s the minister of finance in Ghana? I have beef with this guy. People of the diaspora decided to invest in our continent and they used our money to pay their debt and gave us two options. Either take a 37% cut and receive 5% interest with an 11-year maturity date or no cut but 1.9% interest with 15 yrs maturity date. I’m very disappointed in my people for this,” he posted.
The Michael Blackson Academy, founded three years ago offers free education to children from kindergarten to Basic 3. They also provide free uniforms to the pupils. In spite of all these challenges, Blackson says he is resolute in his bid to keep the school running. “If it wasn’t for the love and passion I have for the unprivileged youth of Ghana, I would just hand my school to the people and walk away,” he wrote.
Below are screenshots of his posts on X:
Source: Joy Entertainment
