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Michael Blackson Apologizes For Criticizing Ghana Over Eurobond Investment Issues

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Michael Blackson has issued an apology for his earlier remarks blaming Ghana as a whole for issues surrounding his Eurobond investment.

In a post on X, the comedian expressed regret for his choice of words, clarifying that his frustration stemmed from the situation happening to him in Ghana, a country he holds dear. “I want to apologize for using the name Ghana as if Ghana physically made the decision to take our money,” Blackson wrote. He emphasized that his love for the country and its people remained unchanged, explaining that he lashed out due to the frustration of the moment.

This apology follows Blackson’s earlier revelation that he had invested $1 million in Eurobonds to support the Michael Blackson Academy, a free school he built in Agona Nsaba.

However, he soon encountered problems when Ghana used the funds to service debt, leaving him with significantly reduced returns. He voiced his frustration online, sharing how the Eurobond was initially paying a 10% interest rate, which he intended to use for the upkeep of his school. But almost three years later, he was told he would only receive 1.95%, with his money being held for 15 years.

In his latest post, Blackson apologized for his initial reaction and acknowledged that his criticism of Ghana was made out of anger.

See the post below..

This post was published on September 19, 2024 9:19 PM

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