Menzgold asks staff to proceed on leave

Menzgold asks staff to proceed on leave
Source: Ghana|
Date: 06-12-2018 Time: 11:12:45:am

Embattled gold dealership firm, Menzgold Ghana Limited, has asked its staff to proceed on leave effective Monday, December 10.

The company said it arrived at the decision as a result of unceasing threats to its properties as well as staff of the company.

Read: Under-fire Menzgold boss urges calm, “we’ll pay you”  

In a statement dated December 4, the gold dealership firm said the staff should return to work on December 20 “when all outstanding entitlements, including end of year packages, shall be fully disbursed”.

“All branch managers are hence transferred temporarily to the head office; Dzorwulu, Accra, effective Monday, December 10, 2018,” the statement said.

It added that all staff should remain calm and be assured that Menzgold shall endeavour to assure their job security.

Read: Focus on failed banks, leave us alone - Menzgold CEO mocks BoG 
          I’m sorry BoG; Menzgold boss eats humble pie

Online trading

The statement added that it has been advised by the authorities to halt its online trading [just as the offline one] to enable the authorities to assess the system and present a final say to the public and the company.

Read: SEC orders Menzgold to shut down trading immediately

Nana Appiah Mensah
CEO of Menzgold, Nana Appiah Mensah

“To this end all the 5% migration fees received shall be reimbursed fully to customers from Monday, December 10 to Friday, December 15, 2018,” the statement added.

According to the statement, the date of their end of year durbar will be communicated to the staff where the Chief Executive, Nana Appiah Mensah, will address the staff.