Menzgold customers picket SEC, EOCO today

Aggrieved customers of defunct gold trading firm, Menzgold Ghana Limited will today, Tuesday, 2 April 2019 picket at the premises of the Securities and Exchange Commission (SEC), Economic and Organised Crime office (EOCO) and the Attorney General’s office over what they describe a government’s feet dragging attitude towards their plight.

The customers say picketing is part of their move to pile pressure on the government and state agencies to help them retrieve their locked-up funds.

The embattled company has not been able to pay its thousands of clients’ extra values and principals since August 2018 after SEC shut it down over regulatory infractions.

Several demonstrations from the frustrated clients have led state authorities to issue a warrant for Nana Appiah Mensah, the CEO’s arrest.

The Ashanti regional secretary to the Coalition of Aggrieved Menzgold Customers in February this year said ten of their colleagues are dead following the collapse of the company.

According to him, others have also suffered a stroke and are unable to walk due to the loss of their investments.

To that end, he called on the state to expedite actions taken to deal with the directors of the firm and ensure that the customers retrieve their money.