General News of Sunday, 4 November 2018

Source: kasapafmonline.com

Nana Appiah Mensah to address Menzgold customers on Monday

Nana Appiah Mensah, Menzgold CEO Nana Appiah Mensah, Menzgold CEO

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.