
Audio By Carbonatix
Police have arrested over 100 customers of defunct gold dealership firm, Menzgold, who had picketed at the home of the CEO to demand the release of their investment.
The aggrieved customers had besieged the plush residence of Nana Appiah Mensah, Wednesday, to retrieve their locked-up cash without police approval.
They had vowed to sleep at the CEO’s residence until their monies are paid because they have run out of patience.
Scores of them bused from Tarkwa and Kumasi in the Western and Ashanti regions, respectively, joined those in Accra to embark on the protest they had hoped will result in some fruitful response.
But as Joy News’ Komla Adom, who joined the protestors reports, officers from the police operations team have cleared all of them from the residence and taken to the police headquarters.
The operations team led by ACP Kwasi Ofori, said none of the customers approached the police to inform them about their actions, a reason they have been arrested.

“We all know that we live in a democratic country with rules, regulations and laws. We have a public order law and the spirit and letter of that law mandate every citizen to inform the police with any intention to demonstrate.
“Police have not been informed and looking at this environment, it is an estate meant for several people and for these group of persons to invade the premises, assaulting the security detail and having forcefully entered the place to carry out such an illegal exercise definitely has something to do with the police,” the Accra Regional Police Operations Commander said.
While at the residence, however, Komla reports that there was no sight of the CEO of the defunct gold dealership firm.
But prior to the arrival of the police, two warning shots were fired from the house.
The embattled firm had announced earlier that it will from Friday, December 27, 2019, begin paying customers their locked-up funds which have been in arrears for the past three years.
Public Relations Officer for Menzgold, Nii Armah Armateifio told Joy News about 200 customers had been paid.
But the customers are skeptical about this report. One of the leaders of the aggrieved customers told Komla that information cannot be true.
According to Francis Owusu, none of his members has been paid even a dime so he wonders which 200 of the customers have been paid.
He challenged the customers to direct them to these members so they can verify the truth of the claims for themselves.
Latest Stories
-
School bus crash kills at least 20 pupils in Uganda
2 minutes -
NPP condemns one-year jail term for TikToker Camilla Alhassan, says free speech is ‘not a crime’
4 minutes -
Today’s Front pages: Friday, July 17, 2026
29 minutes -
Jay Foley returns to music production, hints at releasing star-studded EP
34 minutes -
GH¢38.99bn flagged by Auditor-General, but only GH¢12.72bn recovered – PAC Vice Chairman
1 hour -
Davis Opoku proposes AI auditing, contract portal to strengthen public financial accountability
1 hour -
We’ve signed $5.5bn agreements to transform economy, 1.7m jobs to be created – 24-Hour Economy Secretariat
1 hour -
Kumasi-Anwomaso power upgrade to more than double transmission capacity – Energy Minister
1 hour -
Italy–Ghana Water Technology Workshop boosts partnerships to improve water sector solutions
1 hour -
Terry Yegbe helps Lech Poznan to Polish Super Cup win
1 hour -
Temporary power interruptions unavoidable during Kumasi-Anwomaso upgrade – Jinapor
2 hours -
NCA invites applications for 5G license
2 hours -
BoG’s own answers validate Bawumia’s gold reforms – Oppong Nkrumah
2 hours -
AGRA Food Security Monitor shows a mixed picture for Ghana’s food markets
3 hours -
Public confidence is Supreme Court’s greatest asset — Chief Justice
3 hours