The special committee tasked with investigating the non-payment of money to customers of the defunct Gold Coast Fund, despite budgetary allocations, is set to commence its work on Tuesday, February 27.

This action follows a petition submitted to the House by some customers of the defunct institution, which was presented by Bawku Central MP Mahama Ayariga on December 6, 2023.

In their petition, the customers have requested an inquiry to determine the reasons behind the government's failure to disburse their locked-up funds.

Furthermore, they are urging authorities to ensure government fulfills its obligation to pay their investments.

• Read also: Parliament sets up committee to probe funds disbursement to Gold Coast Fund Management customers

During the presentation of the petition, the lawmaker expressed concern about the detrimental impact of the delay on the affected customers and urged the House to promptly address the issue as their representatives.

“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.”

The committee is chaired by the Member of Parliament for Essikado-Ketan, Joe Ghartey.