Audio By Carbonatix
American comedian and actor of Ghanaian descent, Michael Blackson, has vented his spleen on the Ghanaian government for ruining his investments.
Michael, in a series of posts on X, writes that he had purchased Eurobonds to run his school at Agona Nsaba (Michael Blackson Academy), but has had challenges with recouping his investment.
According to him, he did the Eurobonds because he figured that will help pay for the life span of the free school he built. However, he said, "Ghana decided to use our money to pay their debt to China or whoever and leave us hanging."
Unhappy with the situation, he called out the Finance Minister in the wake of his concerns.
"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 1.9% interest with 15 yrs maturity date. I’m very disappointed in my people for this," he posted.
The Michael Blackson Academy, founded three years ago offers free education to children from kindergarten to Basic 3. They also provide free uniforms to the pupils.
In spite of all these challenges, Blackson says he is resolute in his bid to keep the school running.
“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,” he wrote.
Below are screenshots of his posts on X:





Latest Stories
-
Gey Hey alumnus excels at University of Aberdeen, wins top Ghanaian student award
32 seconds -
Badminton prodigy Moslena Adu wins maiden Elite Schools League Sports Personality award
34 seconds -
They have all 3 of his passports – Victor Smith details Ofori-Atta’s ICE detention
5 minutes -
Here’s why ECG’s ‘cosmetic revenue feat’ masks deep leadership and governance failures
9 minutes -
Salaga South MP takes Ghana’s child rights agenda to global CRC session in Geneva
16 minutes -
Cedi claws back some gains, but demand pressures set to resume
23 minutes -
Renewal of Foreign Exchange Trading Licenses contingent upon sustained compliance, regulatory requirements – BoG to banks
37 minutes -
Black Princesses receive owed per diems for Tunisia World Cup doubleheader
50 minutes -
Gov’t plans GH¢10bn domestic infrastructure bond to fund roads, boost economic recovery
53 minutes -
Daddy Lumba estate battle deepens as Akosua Serwaah heads to Court of Appeal
59 minutes -
Bond market: Liquidity remains modest, turnover increases by 0.35% to GH¢1.59bn
1 hour -
Bawku conflict: Court orders AG to justify continued detention of Seidu Abagre
1 hour -
Boakyewaa Glover: To be witnessed
1 hour -
Daily Insight for CEOs: The CEO’s role in driving leadership accountability early in the year
1 hour -
Bawumia campaigned for NPP in Adenta – Akosua Manu hits back at Kennedy Agyapong
1 hour
