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Ghana Mineworkers Mass at Central Bank Seeking $34.5M in Trapped Assets

Ghana's mineworkers union petitioned the central bank, demanding 380 million cedis ($34.55M) in trapped savings.

The locked-up assets belong to over 19,000 miners, retirees, widows, and dependents facing severe financial hardship.

Trapped funds include employee provident accounts, welfare savings, leave allowances, individual deposits, and severance packages.

The money has been frozen since a 2017 central bank reform revoked hundreds of financial licenses.

Ghana Mineworkers Mass at Central Bank Seeking $34.5M in Trapped Assets

Ghana's mineworkers union petitioned the central bank, demanding 380 million cedis ($34.55M) in trapped savings.

The locked-up assets belong to over 19,000 miners, retirees, widows, and dependents facing severe financial hardship.

Trapped funds include employee provident accounts, welfare savings, leave allowances, individual deposits, and severance packages.

The money has been frozen since a 2017 central bank reform revoked hundreds of financial licenses.

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