Aggrieved Menzgold customers to walk to presidency; petition Akufo-Addo Sept 12
Some aggrieved customers of the defunct gold collectable company, Menzgold, have served notice to walk to the office of the president to intervene in the payment of their locked-up funds on Monday, 12 September 2022.
The walk according to the group will start from customs car park near Ministry, Accra to the Independence Square for press briefing and from there present a petition to the President at the Jubilee House.
![]()
The operations of Menzgold were shut down in September 2018 by the Securities and Exchange Commission.
The company's operating license which had initially been granted in 2014 by the Minerals Commission of Ghana was primarily for gold trading and export.
However, as reports of a gold-investment scheme with high returns started to circulate, the Bank of Ghana begun to publish warnings which cautioned citizens to be wary of dealing with the firm and warned the firm against taking cash deposits.
Some customers were adamant while the company also called the bluff of the regulatory authorities.
Customers deposit at Menzgold have been locked out since the shutdown and can't access their investments, leading to numerous demonstrations at its various branches to no avail.
Trending Business

Middle East tensions delay single-digit interest rate target, says BoG Governor
02:01
COCOBOD to raise US$1b through commercial paper for 2026/27 cocoa purchases – Ato Forson
01:57
OMCs begin increasing petroleum prices at the pumps under new pricing window
20:01
SIGA commends TOR for historic financial turnaround, submission of 6 years of audited accounts
18:20
GoldBod CEO engages National House of Chiefs on gold sector reforms
12:31
Ghana courts diaspora investment at London Town Hall Meeting
11:55
Daniel Acquaye leads agri-impact delegation to Ghana-UK Investment Summit in London
07:48
Ashanti Region emerges top as regional hub for livestock processing
02:48
Concerned Traders push Transport Minister to set clear timeline for Smart Port Note rollout
09:39
GPRTU announces 20% increase in transport fares effective June 2
06:18



