Members of the Coalition of Aggrieved Customers of Menzgold have announced plans to picket at the Economic and Organised Crime Office and Jubilee House, the seat of government from April 2, 2019 to press home their demand.
The aggrieved customers also say they intend to picket the Securities and Exchange Commission (SEC) and the Attorney General’s Department to register their protest.
In a statement signed by the leadership of the coalition from Kumasi, Accra and Tarkwa, they stated that the action had become necessary because of the inability to retrieve their locked-up investments from gold dealership firm, Menzgold Ghana Limited.
“The action has become necessary due to the lackadaisical attitude to the plight of the suffering customers.
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“So far, the coalition has buried more than 15 members due to shock and heart failure as a result of the locked up funds, hence the action,” the statement revealed.
Menzgold has been in the news after it was ordered by SEC to stop its gold vault market operations over regulatory infractions and has since been struggling to pay its tens of thousands of customers.
The order from SEC followed several cautions to the public to desist from engaging in business transactions with Menzgold. The Bank of Ghana said the gold dealership firm was not licensed to take deposits.
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All Menzgold’s offices have been vacated and put under lock and key following a court order freezing the assets of Menzgold’s embattled Chief Executive Officer, Nana Appiah Mensah.
The aggrieved customers have held several demonstrations to pile pressure on the government to intervene so they could get their money. One of such recent demonstrations took place in Tarkwa, in the Western Region.
Below is the full statement:
Source: Adomonline.com
