Pulse Ghana is the most followed news and entertainment platform, informing and engaging young Ghanaians round the clock, providing updates by the hour.

Pulse Ghana

American comedian and actor of Ghanaian descent, Michael Blackson, has expressed his frustration with the Ghanaian government for mishandling his investments.

‘I'm taking Ghana to court for robbing me of my $1m investment’ - Michael Blackson | Pulse Ghana

Dorcas Agambila

<p>In a series of posts on X, Blackson revealed that he had purchased Eurobonds to fund his school, the Michael Blackson Academy in Agona Nsaba, but has encountered difficulties in recouping his investment.</p>

<p>According to him, the Eurobonds were intended to sustain the school over its lifetime. However, he lamented: <em>"Ghana decided to use our money to pay their debt to China or whoever and leave us hanging."</em></p>

<p>Unhappy with the situation, he publicly <a data-link-role-code="open_new_tab" href="https://www.pulse.com.gh/entertainment/celebrities/michael-blacksons-free-school-opens-with-first-batch-of-enrolment-video/y2l98kw">called out the Finance Minister.&nbsp;</a></p>

<p><em>"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, giving us two options. Either take a 37% cut and receive 5% interest with an 11-year maturity date or no cut but 1.9% interest with a 15-year maturity date. I’m very disappointed in my people for this," </em>he posted.</p>

<p>The Michael Blackson Academy, founded three years ago, provides free education to children from kindergarten to Basic 3, <a data-link-role-code="open_new_tab" href="https://www.pulse.com.gh/entertainment/michael-blackson-advocates-for-a-better-africa-amidst-new-force-convention/23gvt17">as well as free uniforms.</a></p>

Gideon Nicholas Day

<p>Despite the financial challenges, Blackson remains <a data-link-role-code="open_new_tab" href="https://www.pulse.com.gh/sports/other-sports/whos-got-game-assembles-michael-blackson-others-for-celebrity-basketball-game/2gb80h1">committed to keeping the school operational.&nbsp;</a></p>

<p><em>"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," </em>he wrote.</p>

<p>Below are screenshots of his posts on X.</p>

<div class="embed"><blockquote class="twitter-tweet"><p lang="en" dir="ltr">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…</p>&mdash; Michael Blackson (@MichaelBlackson) <a href="https://twitter.com/MichaelBlackson/status/1836029277755818177?ref_src=twsrc%5Etfw">September 17, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>

</div>

<div class="embed"><blockquote class="twitter-tweet"><p lang="en" dir="ltr">I did the euro bonds because I figured that will help pay for the life span of the free school I built. Ghana 🇬🇭 decided to use our money to pay their debt to china or whoever and leave us hanging.</p>&mdash; Michael Blackson (@MichaelBlackson) <a href="https://twitter.com/MichaelBlackson/status/1836030396196327546?ref_src=twsrc%5Etfw">September 17, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>

</div>

<div class="embed"><blockquote class="twitter-tweet"><p lang="en" dir="ltr">I’m taking Ghana to the world court they won’t get away with this. Bonds only goes bad if there’s some time of civil war, you don’t take your customers money and pay your debt with it.</p>&mdash; Michael Blackson (@MichaelBlackson) <a href="https://twitter.com/MichaelBlackson/status/1836030863391535380?ref_src=twsrc%5Etfw">September 17, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>

</div>

<div class="embed"><blockquote class="twitter-tweet"><p lang="en" dir="ltr">When I bought the euro bonds it was paying 10% interest which will pay for the school and then Ghana 🇬🇭 kidnapped the money to use to pay their debt.  Almost 3 yrs later tells me oh we are sorry but we can only pay u 1.95% and we will hold your money for 15 yrs. Smh</p>&mdash; Michael Blackson (@MichaelBlackson) <a href="https://twitter.com/MichaelBlackson/status/1836034843479822828?ref_src=twsrc%5Etfw">September 17, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>

</div>

<div class="embed"><blockquote class="twitter-tweet"><p lang="en" dir="ltr">Ghana 🇬🇭 has set me back financially and I’ll never forgive them for this.</p>&mdash; Michael Blackson (@MichaelBlackson) <a href="https://twitter.com/MichaelBlackson/status/1836050618433298460?ref_src=twsrc%5Etfw">September 17, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>

</div>

‘I'm taking Ghana to court for robbing me of my $1m investment’ - Michael Blackson

Business

News

Entertainment

Lifestyle

Sports

Politics

Local

Filla

World

Football

Ghana Premier League

Black Stars

Celebrities

Music

Movies

Fashion

Beauty & Health

Relationships & Weddings

Food & Travel

Domestic

International 

Explore categories

The Pulse Influencer Awards has been set up to recognize and highlight bright lights in the influencer space in Africa who are building active engaged communities around their niche or craft.

Influencer Awards

Company Pages

Breaking News & Top Stories | Pulse Ghana

Video

Checkout our authors for the latest content across entertainment, sports, business and more. Be first to receive exclusive updates with your free subscription straight to your phone | Pulse Ghana

Authors | Pulse Ghana

| Pulse Ghana

Read the latest news across entertainment, sports, business and more. Be first to receive exclusive updates with your free subscription straight to your phone | Pulse Ghana

Search for the latest content across entertainment, sports, business and more. Be first to receive exclusive updates with your free subscription straight to your phone | Pulse Ghana

Search Results | Pulse Ghana

Watch the latest videos across entertainment, sports, business and more. Be first to receive exclusive updates with your free subscription straight to your phone | Pulse Ghana