Audio By Carbonatix
Lawyer of the aggrieved customers of defunct gold dealership, Menzgold. has accused its Chief Executive Officer (CEO) Nana Appiah Mensah of deliberately not pursuing debt owed him in France to pay off its Ghanaian customers.
Amanda Akuokor Clinton in a statement says the money owed the Menzgold boss popularly known as NAM1, could settle the debt of his customers in Ghana. However, he is strategically waiting for the relevance of the issues to decrease before going after the said money, she stated.
“Our sources have it on good authority that Nam1’s agreement with the alleged business he was doing business within Dubai includes an arbitration clause which can be exercised by Nam1 in France and not Dubai.
“As such it is our belief that he has strategically chosen not to pursue the debt owed to him at this moment (and in turn pay all customers) so as to wait a year or two for this matter to die down in Ghana,” the press read.
Scores of aggrieved customers of the embattled Menzgold on Wednesday, January 8, marched to the residence of NAM1 to retrieve their locked up funds.
This follows an announcement of the gold firm’s Public Relations Officer, Nii Armah Armateifio that from Friday, December 27, 2019, they will begin payment of customers locked up funds which have been in arrears for the past three years.
Commenting on the act, Miss Clinton said: “We are a peace-loving nation who does not want to see more public displays like the one that arose at his house in Trasacco.”
The lawyer was, however, optimistic that all her clients will get paid by the end of this year, either by the CEO of Menzgold or by the government.
Read the full statement below:
Latest Stories
-
Keta Port After the State of the Nation Address: President John Mahama Sets the Path to Redefine Ghana’s Blue Economy and Maritime Future.
37 seconds -
Barker-Vormawor urges clearer rules and predictable framework for public-sector appointments
16 minutes -
US-Israel-Iran war could affect Ghana’s gold and oil exports – Barker-Wormawor
23 minutes -
Gov’t open to reviewing dismissals if affected workers were employed before December 7 – Kwakye Ofosu
23 minutes -
NDC has spent more than any other gov’t in this fiscal year – Dr. Kabiru Mahama
48 minutes -
US-Israel-Iran war: Walewale MP critiques Trump’s approach to foreign policy, calls for diplomacy
1 hour -
Gov’t rushing back to bond market despite spending concerns – Walewale MP
1 hour -
Domestic borrowing resumption will not lead to reckless spending – Kwakye Ofosu
2 hours -
Behind the Lens with Queen Liz explores evolving religious beliefs and questions of spiritual supremacy
2 hours -
IMANI-Africa questions credibility of UNIFIL contingent after attack on Ghanaian peacekeepers
2 hours -
Dialogue is the best path forward – Kwakye Ofosu on attack on Ghanaian UN peacekeepers
2 hours -
Preparing African children for the AI future – Why robotics is no longer optional in African schools
2 hours -
Gov’t defends scaled-down Independence Day celebration, cites cost and safety concerns
3 hours -
Peacekeepers attack: ‘No country should attack non-combatants with impunity’ – Kwakye Ofosu
3 hours -
Government condemns attack on Ghanaian peacekeepers in Lebanon, calls for UN investigation
3 hours
