You are here: HomeNews2018 09 27Article 688433

General News of Thursday, 27 September 2018

Source: citinewsroom.com

Stay off our business; Menzgold sues BoG, SEC

Embattled gold dealership company, Menzgold, has sued the Securities and Exchange Commission (SEC) and the Bank of Ghana.

The company in its suit is seeking from the court an order directing the two institutions to stop interfering in its business.

Menzgold also asked the court to stop the Bank of Ghana and the SEC from publishing what it described as “derogatory notices” against its business.

“An order of perpetual injunction to restrain the Bank of Ghana and Securities and Exchange Commission, its officers, servants and agents from interfering with the Menzgold’s business activities or further acts of disobedience and non-compliance with law by publishing any derogatory notices.”

Menzgold also wants the two institutions to publish an unqualified retraction and apology for the notices they published against the gold dealership company.

More soon….