CEO of embattled gold dealership firm, Menzgold has served notice he will be addressing customers of the company through a radio interview on Monday 5th November, 2018.
The interview among other things is to brief customers on the current status of the company and also give a roadmap as to how customers who have their monies locked up with the firm will be able access their cash.
Nana Appiah Mensah in a tweet wrote “I would be addressing the public on Menzgold and other related matters on Zylofon fm, 102.1 on Monday, “Time with Menzgold ” between 11am & 12noon. Kindly tune in. Menzgold is here to stay”.
Menzgold has not been able to fully pay matured returns to its investors since the Security and Exchanges Commission (SEC) ordered it to suspend only its gold vault operations.
The company is said to have folded up after relentless pressure was mounted on them by SEC and the Bank of Ghana.
Customers of the company have demanded for a full payment of their principal in order to abrogate their contract with the firm.
The company came up with a payment schedule to pay its clients, but the said payments have been postponed several times.
The delayed payments continue to stir up anger among Menzgold customers, as they have vowed to use every means possible to retrieve their investments.
Disclaimer: Opinions expressed here are those of the writers and do not reflect those of Peacefmonline.com. Peacefmonline.com accepts no responsibility legal or otherwise for their accuracy of content. Please report any inappropriate content to us, and we will evaluate it as a matter of priority. |
NAM 1. You are just trying to buy time. Remember that for the other people who carried out Ponzi scheme majority of the depositors did not know them. But ur case is different. All the depositors know u. So u cannot hide anywhere in the world. You cannot take people's money and run
NAM1 we thank God that Menzgold is going to work again. God bless you.
I do not how really how he got his money but One I know that our banks were not getting money and that a third of ghanas' monies was going to menzgold .Then gov .came in with SEC who knew that a lot of citizens are in this.In fact,they were not wise in dealing with this matter.May be they can force this entity not to pay interest beyond that of treasure bill .Doing investment and business in Ghana is becoming some way.Gold coast is gone ,uni bank says government is owning but it also gone.Some say data bank belongs to NPP that is why they still running .Who knows when NDC wins then they also attack .The funny part of this whole issues is that nobody in BOG has been accused of helping these falling banks .They are supposed to monitor and supervise these banks . Man ,You are gentleman try your best to pay back these monies.
@Moyo you are an ***barred word***. You are a black man why do you want the downfall of your own. ***barred word***.
Moyo, clear off this issue Who tells u it's a ponzi scheme? Enemies of progress
Menzgold thinks he will be allowed to take deposits again and he is resorting to using online as a means of continuing his Ponzi Scheme. He can never pay any principal to customers and he is simply buying time. If he knows what happened to Murdoch in the US, he should get ready for a lengthy jail term. He will be locked and throw away the keys, but the greedy poor people have themselves to blame when you allowed a 35-year-old boy to deceive all of you. If anybody thinks he has the money, he is tickling himself.
My brother this will serve as lesson no-1 to you . You came with a good idea , established a business just like any other young guy ; take Kwema Despite for example . He never got it easy but see how successful he has become . Just beware of Ghanaians . Everybody is against you today . The whole Ghana , you have become a subject for discussion for hoplesss people who don't even have 1 Ghc to invest in Ghana . Don't forget your God for he is the only one who can save you . Forget about Ghana . When you are through with tjis test I will advice you to relocate your entire businesses to a different country or these people will predict your death in addition to what they have caused you .God bless you Mensah !!
Ps, let me hold my peace. Azaaman