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General News of Thursday, 13 September 2018


Menzgold boss falls on Adisco boys for support

The CEO of Menzgold , Nana Appiah Mesah has called for the support from his alma mater , Adisadel College to support him in the face of the authorities to shut down the company .

There has been a longstanding controversy between Bank of Ghana and Menzgold over issues of licence.

The central Bank has cautioned the public against doing business with Menzgold and added that they do it at their own risk .

However , Nana Appiah Mensah , owner of Menzgold has ignored such cautions issued by the central Bank.

The Securities and Exchange Commission (SEC) joined the fray and ordered the company to shut down its operations in the country immediately.

It contends that Menzgold operations are in breach of Act 929 “as well as a threat to unsuspecting and uninformed investors”.

But management of Menzgold have come hard at SEC, accusing it of acting in “bad faith” for “needlessly” leaking details of confidential meeting between the two to the media.

Nana Appiah Mensah took to his miro-blogging website , twitter to fall on friends who attended Adisadel College known as Santaclausians to come to his aid in what appears to be a fight between David and Goliath.

On his twitter handle he wrote: , “Up Santaclaussians! Fall in!!!!” on Wednesday with pictures of his triumphant entering into the school recently and when he was a boy in the school.

However , the tweet amassed lots of reactions :

“Chief we are strongly behind you,no weapon form against you shall prosper in Jesus Name,” one of his followers replied.

Another said: “Make we fall in for what ? You de share share money dash dash cars you think of building house for adisco and name am nam 1 sef like our school won’t be used for double track system now fall in ?

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