Michael Blackson to sue Ministry of Finance over locked-up Eurobond investment

Blackson explained that the investment was intended to generate funds for his school. However, due to the financial setback, he now needs to find alternative funding sources.

On October 14, 2024, Blackson took to social media to express his frustration and announce the impending legal proceedings. He stated, “I’m seeking legal actions against the finance ministry of Ghana. I have a free school I’m financing on my own, and they took away the potential earnings I was going to use to fund the school. Now I have to figure something else out for those poor kids.”

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Previously, Blackson had revealed that he purchased Eurobonds to support the Michael Blackson Academy in Agona Nsaba. He believed the investment would sustain the school financially. However, he has faced difficulties in recovering his investment.

He lamented, “Ghana decided to use our money to pay their debt to China or whoever and leave us hanging.”

Read the tweet below: