A 77-year-old retiree named Peter Kojo Nyansepe has declared he won't leave the bank's property until he receives the interest due on his bonds at the end of the month.

The sick bondholder told JoyNews that he depends on the bond returns and that if he doesn't get anything at the end of the month, he won't have anything to live on.

He claims that because he is concerned about how he will pay for his meds and other daily expenses, the uncertainties surrounding the Domestic Debt Exchange Program fill him with fear and anxiety.

He explained that he decided to invest in government bonds after he fell victim to ponzi scheme.

“I gave the money to the Ghana Commercial Bank so they’ll give me the money before I come. I’m going to stay there.

“If they say the money is not there, I’m going to stay there. I’m going to stay there until they carry me wherever they want to carry me because I cannot walk myself so they’ll carry me.

“Wherever they want to carry me they have to carry me and go. That’s the only thing I can do. I cannot fight them also”, he said.

Peter Kojo Nyansepe is one of many retirees watching on with anxiety as the Ministry of Finance rolls out the DDEP.

As part of conditionalities to achieve the IMF bailout, the government has recommended that all benefit due bondholders in 2023 not be paid.

Per the arrangement, the payment of the benefits will resume in 2024 at the rate of 5%.

This arrangement has been widely criticized with critics saying that the government is worsening the situation of the already burdened Ghanaians.