American-Ghanaian comedian, Michael Blackson, has once again come out to state that the New Patriotic Party lost the 2024 General elections after he spoke about how he lost a million dollars to the then Government, which introduced the Domestic Debt Exchange Programme.
This initiative by the Akufo-Bawumia Administration in December 2022 was to save the country from a financial crisis.
Read Also: Cristiano Ronaldo and Michael Jackon, Who is Famous?
Ghana went through severe economic hardship due to a high rate of inflation, and Gross Domestic Product (GDP) crossed 90%.
Bond Holder, Pension and Retiree Funds, Small and Medium Enterprises, Commercial Banks, Financial Agencies, and the General Public were affected.
Michael Blackson, who was a benefactor of the Eurobond, claimed to have lost $1 million, and he started creating awareness on how people got affected by the bad decisions of the then government he once campaigned for before the 2020 elections.
Read Also: GES Interdicts Okadjakrom Senior High Teacher for S£xual Misconduct with Female Student
Blackson in 2025 has come out to disclose that he believes his outcry about the DDEP, which took away his $1 Million, caught the attention of the international media, and that caused the New Patriotic Party, NPP’s abysmal performance in the recent Ghanaian elections.
Even though DDEP was one of the reasons NPP lost, electorates who voted against the current opposition party were not just because of the Debt Restructuring alone, but the economic hardship which was evident before and after the DDEP, arrogance with power, failing to fulfil so many promises, and imposing taxes like E-levy and betting tax.
The actor maintains his stance that it was his influence that caused the New Patriotic Party’s Defeat.
Read Also: Grammy Approves Shatta Wale’s “Street Crown” for Official Consideration.
