The Minister for Finance, Ken Ofori Attah has described as shocking how some top officials of the Bank of Ghana and the Ministry of Finance invested in gold trading firm Menzgold.
According to him, the officials who can best be described as elite and who should have known better, were rather those who chose to believe the ‘too-good-to-be-true story of the gold trading firm of offering a monthly 10 percent interest on their investment.
The Minister who was speaking on Accra based Peace Fm and monitored by BestNewsGH.com said even worse for the company and its depositors or investors is the fact that the company is not a registered one.
As such, he said it will be difficult for government to intervene with respect to salvaging the deposits of the company’s clients.
Source: BestNewsGH.com
