Audio By Carbonatix
The Director of Operations at the Office of the President has asked aggrieved customers of embattled gold dealership company, Menzgold, to exercise patience with the government.
Mr. Lord Commey, who received the petition on behalf of President Akufo-Addo, assured the aggrieved customers that government will not neglect them.
“I don’t want you to think government is not concerned about your plight. But that is not the case. So we are pleading with you to continue exercising patience with government.
“I have been asked by the President to receive this in his stead, and I am sure that whatever needs to be done will be done,” he said on Monday.
The aggrieved customers of Menzgold thronged the principal streets of Accra to remind the government of their locked-up monies.
In 2018, Menzgold was asked to suspend its gold trading operations with the public by the Securities and Exchange Commission (SEC).
According to the SEC, Menzgold had been dealing in the purchase and deposit of gold collectibles from the public and issuing contracts with guaranteed returns with clients, without a valid license.
This, the SEC said was in contravention of “section 109 of Act 929 with consequences under section 2016 (I) of the same Act.”
Menzgold has, however, failed to fully pay its customers the value of their gold deposits as well as their entire investments.
Some aggrieved customers have, since, staged protests to demand the payment of their locked-up cash.
These protests are yet to yield results as customers have still not received their monies.
But in the latest demonstration, Mr Commey says the Akufo-Addo government is committed to ensure that aggrieved customers receive their money.
Latest Stories
-
King Mohammed VI reaffirms Morocco’s full support for Gulf States following attacks on their security
4 hours -
Esther Cobbah urges women founders to make trust and excellence their competitive edge
4 hours -
Adonis Adamado
5 hours -
‘Control lies with private capital’ – COPEC warns NPA’s fuel stock assurance not enough amid Iran attack
5 hours -
10 illegal miners feared dead, 30 critical after mine cave-in at Manso Tontokrom
5 hours -
GPL 2025/2026: All Blacks hold leaders Medeama at home
5 hours -
Ghana has over 5 weeks of fuel stock despite Middle East tensions – NPA
5 hours -
Middle East tensions may hit Ghana’s pumps soon – Duncan Amoah
6 hours -
WPL 2025/26: Hasaacas beat Army Ladies as Ampem Darkoa Ladies draw
6 hours -
Five facts about Baba Sadiq, Ghana’s High Commissioner Designate to Nigeria
6 hours -
Baba Sadiq Abdulai appointed as High Commissioner to Nigeria
7 hours -
Playback: The Probe examined Israel-Iran-US tensions and Ghana’s energy security
7 hours -
T-bills auction: Investor appetite remains at all-time high; interest rates tumble to 5.3%
7 hours -
Yes, we “eat Macroeconomics” because it is the foundation of every meal
7 hours -
Annoh-Dompreh launches Nsawam-Adoagyiri Eye Care Project 2026, screens 3,000 residents
7 hours
