Comedian
and
philanthropist,
Michael
Blackson,
has
apologised
for
his
recent
remarks
blaming
Ghana
as
a
whole
for
the
challenges
surrounding
his
Eurobond
investment.
In
a
heartfelt
post
on
X
(formerly
Twitter),
Blackson
expressed
regret
for
his
choice
of
words,
clarifying
that
his
frustration
was
directed
at
the
situation
he
encountered
in
Ghana,
a
country
he
holds
in
high
esteem.
“I
want
to
apologize
for
using
the
name
Ghana
as
if
Ghana
physically
decided
to
take
our
money,”
Blackson
wrote.
He
explained
that
his
outburst
was
born
out
of
frustration,
emphasizing
that
his
love
for
Ghana
and
its
people
remains
unchanged.
The
apology
comes
after
Blackson’s
earlier
revelation
that
he
had
invested
$1
million
in
Eurobonds
to
support
the
Michael
Blackson
Academy,
a
free
school
he
established
in
Agona
Nsaba.
The
funds
from
his
investment
were
initially
meant
to
generate
returns
that
would
contribute
to
the
school’s
upkeep.
However,
Blackson
soon
encountered
financial
challenges
when
the
government
diverted
the
funds
to
service
debt,
resulting
in
drastically
reduced
returns.
According
to
Blackson,
the
Eurobond
investment
initially
promised
a
10%
interest
rate,
which
he
planned
to
use
for
maintaining
the
school
and
supporting
its
operations.
However,
nearly
three
years
later,
he
was
informed
that
he
would
only
receive
a
1.95%
return,
with
his
funds
being
locked
up
for
15
years.
This
significant
reduction
left
him
feeling
cheated
and
led
to
his
emotional
reaction
on
social
media.
I
want
to
apologize
for
using
the
name
Ghana
??
as
if
Ghana
physically
made
the
decision
to
take
our
money.
I
don’t
know
the
actual
person
or
persons
that
made
the
decision.
If
you
came
to
America
to
do
something
good
but
God
forbid
something
bad
happens
to
you,
I’m
sure
you…
—
Michael
Blackson
(@MichaelBlackson)
September
19,
2024