Ghana is not bankrupt, gov’t must pay Menzgold customers-Alban Bagbin

Share this

Opposition National Democratic Congress (NDC) presidential aspirant hopeful, Alban Sumana Kingsford Bagbin has said government has no reason not cough out money from the public purse to pay customers of distressed gold trading firm, Menzgold.

According to him, Ghana is not bankrupt and that Government must look for money to pay the customers, just like it did for the customers of now defunct DKM.

Mr. Bagbin who was speaking on Accra based okay Fm and monitored by, said the customers must be protected by government and made to recover their investments at all cost.

‘’Ghana is not bankrupt and so government must pay the customers their monies. There is no excuse about this. There is liquidity in the system and so the people must be paid just like the DKM customers were paid’’ he argued.

According to the second deputy speaker of Parliament who is also the Member of Parliament for the Nadowli/Kaleo constituency in the Upper West Region, the state is duty-bound to ensure that the customers receive their payments in full.

He described as unacceptable, the position by government that it will not use the tax payer’s money to service the payments of the Menzgold customers, as a result of the fact that they were warned not to patronize the company.

‘’When government says that it doesn’t care and that it won’t pay the customers, that is complete abuse of power and when it goes to this length it called impunity’’ he added.


Share this

Kennedy Mornah is an Award Winning Ghanaian Journalist with over two decades of experience in the Ghanaian Media landscape spanning the electronic, print and digital media. He is a Media Consultant, a Corporate MC, Radio and TV Host, Founder and Publisher of the Maritime and Transport Digest Newspaper, Businessman, a Go getter and an optimist. He has worked for renowned media organizations including Diamond Fm in Tamale, Luv Fm in Kumasi, Oman Fm in Accra and Starr Fm in Accra In 2017 he received the Reporter of the Year Award at the Ghana Shippers Awards in Accra, Ghana.

Leave a Reply


This site uses Akismet to reduce spam. Learn how your comment data is processed.