The presence of heavy police presence at Gold Coast Securities premises attracted lots of journalist from nowhere, which later calumniated into commotion and scuffle between the staff of Gold Coast Securities Ltd, for entering into their place to cover the event to public. In the encounter some of the journalists from multi media and others, were severely assaulted, locked in one of the offices of Gold Coast and their shirts torn into pieces for daring to cover the event on video camera. Gold Coast has run the business of EPPL to this day and succeeded in pushing the other shareholders out of the Company. The Accra High Court delivered her judgment against Gold Coast Securities Ltd. on 16th January, 2015 which was later affirmed by the Court of Appeal on 16th June 2016. The Securities and Exchange Commission is monitoring development to see how Investors Money may be touched to pay the debt of Gold Coast.

Source: GhanaWeb September 03, 2016 04:30 UTC