Just in: Menzgold officially sues BoG and SEC

Business, News September 27, 2018 Kennedy Mornah
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Menzgold Ghana has through its lawyers, Kwame Boafo Akuffo & Co, sued the Bank of Ghana and the Securities and Exchange Commission.

The Bank of Ghana is the first defendant and the Securities and Exchange Commission, the second defendant.

The plaintiff seeks among other things, a declaration that its business does not fall within the present legislated scope of the Banks and Specialized Deposit-taking institution Act 2016, (Act 930).

It also wants a declaration that its business activities does not fall within the present legislated scope of the Securities and Exchange Commission.

Find below the edits of summons as issued by the company’s lawyers.

MENZGOLD VRS. BOG & SEC

 

Source: BestNewsGH.com


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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.

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