Speaker of Parliament, Alban Bagbin, has established a special committee to investigate the non-payment of customers of the defunct Gold Coast Fund, despite the allocation of funds in the budget.

This move follows a petition submitted to the House by some customers of the defunct fund, presented by Bawku Central MP Mahama Ayariga.

In their petition, the customers are calling for an inquiry to ascertain the reasons behind the government's failure to disburse their locked-up funds.

Additionally, they are urging authorities to enforce the payment of their investments by the government.

• Read also: Mahama Ayariga petitions Parliament to probe delayed funds disbursement to aggrieved Gold Coast Fund customers

The former Information Minister, while presenting the petition, expressed concern about the adverse effects of the delay on the affected customers and called on the House to promptly address the issue as their representatives.

• Read also: Aggrieved Gold Coast Fund customers to stage 32-hour protest at Finance Ministry today

“I wish to present a petition by customers of defunct Gold Coast Fund Management. Mr Speaker, pursuant to Order 76 (3), I move that the petition be read and I also move that by Order 76(3) that the petition be referred to a committee pursuant to Order 191 of our Standing Orders which deals with the constitution of special or ad-hoc committees to look into matters referred to it by Mr Speaker.”

Subsequently, the Speaker suggested the members of the committee and encouraged them to initiate their work promptly.

“I, therefore, establish a committee to receive the petition to investigate and report to the house. I will propose that the Committee chaired by Joe Ghartey and the other members include Nii Lante Vanderpuje, Benjamin Yeboah Sekyere, Gizella Tettteh-Agbotui, Kwasi Ameyaw Cheremeh and two technical experts. They are Dr Theophilus Acheampong and Anthony Kisseh.”