{"id":1202804,"date":"2022-09-12T13:52:36","date_gmt":"2022-09-12T13:52:36","guid":{"rendered":"https:\/\/www.ghanamma.com\/2022\/09\/12\/menzgold-customers-petition-akufo-addo-over-locked-up-cash-4-years-on\/"},"modified":"2022-09-12T13:52:36","modified_gmt":"2022-09-12T13:52:36","slug":"menzgold-customers-petition-akufo-addo-over-locked-up-cash-4-years-on","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2022\/09\/12\/menzgold-customers-petition-akufo-addo-over-locked-up-cash-4-years-on\/","title":{"rendered":"Menzgold customers petition Akufo-Addo over locked up cash 4 years on"},"content":{"rendered":"<p><\/p>\n<div>\n<p>Menzgold customers have said their welfare and health are continuing to deteriorate each day that passes without their locked up cash.<\/p>\n<p>They were victims of a decision by the Securities and Exchange Commission to halt the activities of Menzgold for operating without license on September 12, 2018.<\/p>\n<p>The customers have since then protested and petitioned various government institutions to intervene.<\/p>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter size-full wp-image-880235\" src=\"http:\/\/www.ghanamma.com\/wp-content\/uploads\/2022\/09\/Menzgold-customers-petition-Akufo-Addo-over-cash-locked-up-for-four-years-1.jpeg\" alt=\"\" width=\"800\" height=\"600\"  \/><\/p>\n<p>Four years on, the group of customers petitioned the presidency to intervene to save their lives.<\/p>\n<p>\u201cWe are also Ghanaians. As they considered the people of DKM, they should also come out and support us to at least have our money back.\u201d<\/p>\n<p>\u201cI won\u2019t say it is a mistake because everybody needs what is good.<\/p>\n<p>The Director of Operations at the Presidency, Lord Commey, who received the petition, assured that President Nana Akufo-Addo will consider their demands.<\/p>\n<p>\u201cI think that as his sons and daughters, he would find a way,\u201d Mr. Commey said.<\/p>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter size-full wp-image-880236\" src=\"http:\/\/www.ghanamma.com\/wp-content\/uploads\/2022\/09\/Menzgold-customers-petition-Akufo-Addo-over-cash-locked-up-for-four-years-2.jpeg\" alt=\"\" width=\"800\" height=\"600\"  \/><\/p>\n<h4><strong>Background<\/strong><\/h4>\n<p>Menzgold\u00a0was asked to suspend its gold\u00a0trading operations\u00a0with the public by the Securities and Exchange Commission (SEC) in 2018.<\/p>\n<p>According to the SEC, Menzgold had been dealing in the purchase and deposit of gold collectables from the public and issuing contracts with guaranteed returns with clients, without a valid license from the Commission.<\/p>\n<p>The SEC said this was in contravention of \u201csection 109 of Act 929 with consequences under section 2016 (I) of the same Act.\u201d<\/p>\n<p>Menzgold customers have in the past bemoaned the lack of commitment on the part of the government to have their monies paid to them.<\/p>\n<p>They are also unhappy about the\u00a0delay in the prosecution\u00a0of Menzgold\u2019s CEO, Nana Appiah Mensah.<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Menzgold customers have said their welfare and health are continuing to deteriorate each day that passes without their locked up cash. They were victims of a decision by the Securities and Exchange Commission to halt the activities of Menzgold for operating without license on September 12, 2018. The customers have since then protested and petitioned [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1202806,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[187],"tags":[],"class_list":["post-1202804","post","type-post","status-publish","format-standard","has-post-thumbnail","category-politics"],"_links":{"self":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts\/1202804","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/comments?post=1202804"}],"version-history":[{"count":0,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts\/1202804\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/media?parent=1202804"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/categories?post=1202804"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/tags?post=1202804"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}