Apeatua Addo, GNA
Tarkwa (W/R), Oct 19, GNA – Hundreds of
customers of Menzgold Ghana Limited branch in Tarkwa of the Western Region have
warned the management of the gold trading company to pay their principal
investments within four weeks.
According to the customers, they would not
accept the three months stipulated by the company as they had failed woefully
in their promise of payment scheduled.
Addressing the media at a News conference in
Tarkwa, Mr Clement Cliton Blay, coordinator of the aggrieved customers of
Tarkwa Menzgold, hinted that over 80,000 people have been affected in the
He said most of them were from Tarkwa Nsueam,
Prestea Huni/Valley, Ahanta West, Takoradi, Nzema and beyond.
Mr Blay stated that investors throughout the
country lost absolute trust in the management of Menzgold as they had
consistently failed to honour every pledge they communicated to investors.
The Co-ordinator said the legal action taken
by the gold trading firm was just a deliberate attempt to wipe away time.
“Customers will not accept any further smart acts of diversion and unnecessary
Social media drama” he indicated.
He therefore, called on the government to
intervene as soon as possible as this matter could cause serious implications
on the nation’s security, safety, health and the economy as a whole.
Naa Mohammed Samburo II, a former staff of
Goldfields and client of Menzgold, told the Ghana News Agency (GNA) after the
News conference that for the past four months, customers of Menzgold had gone
through hardships as they had invested their entire livelihood with them.
According to him, he was dismissed by his
employers and how to retrieve his one million Ghana cedis with the dividend had
become a challenge.
Naa Samburo bemoaned that he cannot pay his
ward’s fees, rent and utilities bills.
“Tarkwa has become a ghost town, a lot of
people are in-doors because they are owing and their debtors are chasing them
everywhere” he pointed out.
He asked the Chief Executive Officer of
Menzgold Ghana, Nana Appiah Mensah alias NAM 1 to let the monies reflect in
their respective bank accounts else they would come after him and further
appealed to the Securities and Exchange
Commission (SEC), the Government and Bank of Ghana (BoG) to step in to
find amicable solution to the problem.
The gold trading firm’s activities came to a
standstill on September 13, 2018, following a directive from the BoG.