Michael Blackson has returned to Twitter again to share his frustration over a failed investment in Ghana, revealing that the situation has not only affected him but also his team.
In a series of new tweets, Blackson opened up about the financial losses he has endured and the threats his assistant in Ghana is now receiving due to his outspoken criticism of the government.
“My assistant in Ghana called me yesterday and said he was getting threats because of my tweets,” Blackson revealed, explaining the growing tension following his online remarks.
The comedian had initially invested in Ghana with high hopes of contributing to the country’s development, especially in education.
He explained, “Let me get this straight, I decided to come home because of the love and passion I have for home but I get robbed, and since I don’t have the power to fight back, I decided to tell the world my problem and now they threaten my people.”
His frustration stems from an investment in Ghana’s Eurobond, a financial instrument designed to generate steady returns.
Blackson detailed his research on the bonds and their historical reliability, which led him to believe it was a safe investment for sustaining his philanthropic work in the country.
“I did my research on Ghana and bonds, in their history of existence there has never been an issue. So, I said to myself this interest can keep my school going. $10k a month will be good to pay teachers, cooks, cleaners, security, lunch, electricity, water, books, etc.”
The investment, however, turned sour. Despite receiving one payment, Blackson says the money stopped coming two years ago. With $1 million tied up, he found himself personally covering the monthly $10,000 needed to keep his school running.
“I figured $1m would get me $10k, I got one payment and it stopped. It’s been 2 years, mind you they had my $1m and I had to find $10k each month. Now you know why I’m pissed,” Blackson concluded, clearly frustrated by the financial strain this has put on him and his project.
His tweets follow earlier public criticisms of Ghana’s government, particularly over its handling of the Eurobond.
Don’t miss out! Get your daily dose of Entertainment news and more straight to your phone. Join Ghana Street Journal Whatsapp channel now!
Don’t miss out! Get your daily dose of Entertainment news and more straight to your phone. Join Ghana Street Journal Whatsapp channel now!
