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SEC stops Menzgold from gold investment trading

Comment: SEC IS DERELICT IN ITS MANDATE

Author:
Kwabena Yeboah
Date:
2018-09-12 15:36:58
Comment to:
SC TRADING DEPRECIATES THE CEDI


"...the Commission called for an inter-sectoral meeting that involved the Minerals Commission, Bank of Ghana and the Securities and Exchange Commission. The Meeting concluded that it is evident Menzgold’s activities appear to go beyond the mandate authorised in its licence" - Classfmonline.com

Ghana is a very funny country; the whole country is like a big family, this person knows that person and cannot discipline that person and so the laws in Ghana do not work. It's like Akufo-Addo's government, the reshuffle only affected few ministers because can Akufo-Addo kick a family member out of government.

Here you have a company, Menzgold, that that is breach of his license and instead of revoking the license you call a sector meeting, including BoG before taking action. Ghana needs a paradigm shift because criminals are taking undue advantage of the laws of the country.

There are a lot of criminals in Ghana because they know the laws do not have teeth.

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09-12 12:40
 
 
 
 
 
 
SEC IS DERELICT IN ITS MANDATE
Kwabena Yeboah
09-12 15:36