Michael Blankson, the Ghanaian-American comedian, has clarified his claim that Ghana “robbed” him of over a million dollars.

Speaking on VladTV, he admitted that his initial statement may have been an exaggeration fueled by frustration.

“I was probably upset, so I made it sound more harsh than what it was,” Blankson admitted.

The comedian, who has been traveling back to Ghana for over two decades, revealed that he invested a substantial amount of money into Ghana’s Eurobond system in hopes of sustaining his free school project.

According to him, the bonds were supposed to generate enough interest to cover the school’s operational costs.

READ: Michael Blankson Responds To Critics; My Goal Is To Introduce Ghanaian Artistes To The World

“At that time, Euro bonds were paying at least 9% interest, which is almost double what bonds in the U.S. offer,” he explained.

Blankson initially intended to invest a million dollars but ended up wiring $1.2 million. His financial advisors had warned him about sending large sums overseas, citing risks of fraud and restrictions in certain countries.

“Some places are flagged as terrorist-supporting countries, and banks won’t let you wire money there. But Ghana is one of the most peaceful countries in the world,” he insisted.

Despite his confidence in the investment, things took a turn for the worse. The money did not generate the expected returns, leading to his frustration.

However, he now acknowledges that his choice of words was too strong, although the financial setback remains real.

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