Blackshield Fund Administration, previously known as Gold Coastline Fund Management has explained the demonstration and demands by some of its aggrieved clients as regrettable.
In accordance to a statement from the organization, it has produced remarkable progress in the implementation of a alternative to meet up with the desires of customers.
“We have taken note of the requires getting circulated by leaders of a team contacting themselves the “Aggrieved Buyers of Gold Coast Fund Management,” led by persons like Mr. Charles Nyame (a previous consumer whose expenditure has been totally paid). We obtain the planned demonstration, petition, and associated needs to be extremely unfortunate, specified the incredible progress we have designed towards applying a remedy that will be certain that all of our customers will have their needs satisfied.”
The statement more added that Blackshield has begun shelling out back again buyers starting with those with balances down below GHc2,000.
“We have announced and are next a program of having to pay our buyers, commencing with all those with balances under GHc2,000. We have also not too long ago declared changes to our barter application that will allow for buyers to purchase manufacturer new things this sort of as turbines, televisions, and bikes working with financial investment balances. Payments are ongoing and will keep on right up until each and every buyer is happy. As we are able to accumulate our cash from all those who owe us, the fee at which we can go to these with higher balances will enhance. We are now calling our clients with balances beneath 2,000 to validate their cellular money or lender details and make arrangements to pay out them. We are informed that associates of the group have inspired these obtaining calls not to reply the mobile phone and not to occur for their funds, arguing that these payments are a tactic to cut down their energy as a unified group. We desire to assure our buyers that our telephone phone calls are genuine and urge them to come for their funds when contacted”.
Blackshield even more turned down the meant list of 80,000 prospects stated go have their investments locked up with Blackshield.
“Gold Coast Fund Management’s Structured Finance merchandise, which is the merchandise in which the users of the customer team have investments, has under no circumstances experienced far more than 80,000 buyers. As of Oct 2019 the structured finance products has a lot less than 60,000 buyers. It is not and in no way was attainable for 800,000 shoppers to embark on a simultaneous demonstration as said by the group”.
Under is the whole assertion
Assertion Pertaining to 15th Oct Demonstration
We have taken notice of the calls for being circulated by leaders of a group calling on their own the “Aggrieved Consumers of Gold Coastline Fund Administration,” led by individuals like Mr. Charles Nyame (a former client whose investment has been totally paid out).
We obtain the prepared demonstration, petition, and affiliated needs to be quite regrettable, specified the incredible progress we have created towards employing a answer that will guarantee that all of our buyers will have their needs met.
Gold Coast Fund Management’s Structured Finance products, which is the products in which the customers of the consumer group have investments, has under no circumstances experienced much more than 80,000 shoppers. As of October 2019 the structured finance products has a lot less than 60,000 traders.
It is not and in no way was probable for 800,000 buyers to embark on a simultaneous demonstration as said by the team. We have declared and are subsequent a method of shelling out our consumers, starting with those people with balances below GHS 2,000.
We have also a short while ago introduced changes to our barter method that will permit consumers to get manufacturer new objects such as generators, televisions, and motorcycles employing investment decision balances. Payments are ongoing and will carry on right up until each and every buyer is glad.
As we are ready to collect our money from those people who owe us, the rate at which we can go to those people with bigger balances will raise. We are at the moment calling our prospects with balances beneath 2,000 to ensure their cell funds or lender particulars and make arrangements to spend them.
We are mindful that members of the group have inspired all those acquiring calls not to remedy the telephone and not to appear for their cash, arguing that these payments are a tactic to cut down their strength as a unified team. We wish to assure our buyers that our cell phone phone calls are genuine and urge them to occur for their funds when contacted.
Users of this group have built it their agenda to test and destabilize the operations of Groupe Nduom member businesses these types of as the Coconut Grove Regency Hotel.
Through 1 of the visits to the resort, a Coconut Grove manager was bodily assaulted and stones had been thrown via the home windows of the hotel’s stability gate. Photos and films of the incident have been forwarded to the law enforcement and legal and civil actions are getting pursued.
We have reached out many occasions to the executives of the team to meet and perform out an amicable arrangement but they have rejected these attempts.
Our administration group will keep on to converse with our consumers to clarify the way ahead and assure them of the protection of the resources they have invested in the SF product or service.
Benjamin Kofi Afreh
For: Management of BlackShield