You are here: HomeNews2018 09 12Article 684450

Menzgold defying SEC order to suspend investment operations

Comment: Re: Menzgold defying SEC order to suspend investme

Author:
dunaa
Date:
2018-09-12 17:55:13
Comment to:
Menzgold defying SEC order to suspend investment o


I would not invest in this company, when regulators are telling it to cease and desist. This company does not have the only correct interpretion of the statutes determining the scope of its business. We are still sorting out the misfeasance and malfeasance of regulators regarding the problems with the 7 indigenous banks. NO COMPANY CAN SIMPLY IGNORE THE SUPERVISION OR DIRECTIVES OF ITS REGULATORS. if this company thinks the regulators are wrong, then the company has the right to go to court. The company CANNOT say it has a right to operate outside the purview of the Precious Minerals Market g Corporation (PMMC), as well as the Bank of Ghana (BoG), as well as the Securities Exchange Commission (SEC). It simply cannot flout the supervision if ALL these regulatory regimes.

This article is closed for comments.

09-12 17:39
 
 
 
Re: Menzgold defying SEC order to suspend investme
dunaa
09-12 17:55