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

TAGG President criticises Parliament over Truedare port digitalisation contract
15:03
Dr Gideon Boako hints at new GoldBod losses in Bank of Ghana audited accounts
11:13
KGL striving as Fourth Estate continue chasing non-existent glory
08:26
VALCO targets full revival of two potlines by 2027 as smelter recovery gains momentum
01:53
MoFA begins poultry distribution in Ashanti Region under 'Nkoko Nketenkete' initiative
18:50
GRA, GUTA join forces for smooth rollout of new VAT Law
12:24
NPA commits to sustainable development through effective petroleum regulation – Tameklo
11:53
Ghana holds debt restructuring talks with Saderea bondholders
11:20
IMF-reported $214m gold trading loss occurred after my exit from PMMC – Nana Awuah
10:08
PMMC turned around from crisis to record profits by 2024 – Former MD
09:42



