"Ghana Robbed Me & A Lot Of Other People That Trusted Them" Michael Blackson Exposes The Ghana Government

The Corrupt president Nana Akufo-Addo & NPP government continue to bring shame on the name of Ghana. On January 4th, comedian Michael Blackson achieved a lifelong dream by opening the Michael Blackson Academy in his hometown of Agona Nsaba, Ghana. The school offers free tuition to all students, a generous effort to give back to his community and make education accessible to the underprivileged youth. At the ribbon-cutting ceremony on January 3rd, Blackson celebrated this meaningful milestone with live performances, speeches, and a tour of the new building, showcasing his commitment to uplifting Ghana’s next generation.

However, Blackson’s philanthropic efforts have recently encountered a major obstacle. In a series of tweets on X, the Ghanaian-American comedian revealed that his investments in the country—specifically, euro bonds he purchased to fund the school—had been mismanaged by the Ghanaian government. Blackson’s frustration stems from the government’s decision to use the funds invested by him and others in the diaspora to pay off its debts, leaving investors in a bind.

In one of his tweets, Blackson stated, “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 11 years maturity date, or no cut. But I did the euro bonds because I figured that would help pay for the lifespan of the free school I built.”

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 11 yrs maturity date or no cut but…

— Michael Blackson (@MichaelBlackson) September 17, 2024

Blackson had initially seen the euro bonds as a safe, reliable way to sustain the operations of his school long-term. However, he claims that the Ghanaian government “kidnapped” the money, using it to pay off debts to China and other creditors. The result? Instead of the 10% interest he expected, the government is now offering him a mere 1.95% return, with a 15-year hold on his investment.

“When I was wiring the money from the States, my financial advisor advised me not to, but I had confidence in my motherland, and they proved me wrong,” Blackson lamented. His frustration is palpable as he recounts how the government’s actions jeopardize not only his personal investments but also the future of the students benefiting from the school.

When I was wiring the money from the states my financial advisor advised me not to but I had confidence in my motherland and they proved me wrong.

— Michael Blackson (@MichaelBlackson) September 17, 2024

Despite the financial blow, Blackson remains committed to his cause, saying, “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, but I can’t. I’ll have to work a little longer than I expected to help those kids out.”

In his final tweet, Blackson issued a plea for Ghana to improve its governance and financial accountability, stating, “If we want to be respected like other great countries of the world, we have to do better.”

Ghana 🇬🇭 if we want to be respected like other great countries of the world we have to do better.

— Michael Blackson (@MichaelBlackson) September 17, 2024

Blackson’s experience serves as a cautionary tale for those in the diaspora eager to invest in Africa. While his love for his homeland remains strong, his ordeal highlights the risks involved in doing business in a country with unstable financial management. Nevertheless, Blackson’s resolve to support Ghana’s youth shows that, despite the challenges, his commitment to education and giving back is unwavering.

Blackson’s disappointment in the actions of the Ghanaian government is not one isolated to him, but a pain many Ghanaians are burdened with, with corruption being exposed almost every week. This distress amongst Ghanaians is what is causing a turmoil and leading to the massive protest next week as seen below.