RE: RECKLESS STATEMENTS BY MR. OMARIE WAADIE, 3RD NATIONAL VICE CHAIRMAN OF NPP ON JOY NEWS LINKING ME, JOHNSON P. ASIAMA (DR.) TO THE MENZGOLD ISSUE My attention has just been drawn to a panel discussion that took place on JoyNews Live at around 18:30hrs today (January 16, 2019). In the said discussion, Mr. Omarie […]
Tag: BOG
Gov’t position on Menzgold vindicates us, we told Ghanaians we were not under SEC or BoG-Menzgold PRO
Distressed gold trading firm, Menzgold says government’s position on its predicament vindicates the company’s long held position that it was not under the Securities and Exchange Commission or the Bank of Ghana and therefore could not be sanctioned by the two state entities. In a statement cataloguing its position on the Menzgold matter yesterday, government […]
Former UT/Capital banks staff still unpaid a year plus after they were laid off
By Selorm GBORBIDZI, Accra Despite assurances by the Minister of Finance, Ken Ofori-Atta that workers of the now defunct UT and Capital Banks would be paid, the workers are still yet to receive their benefits. The workers, who number about 1200, in a press statement signed by the their representatives Phillip Yawson and Raymond Addai […]
Financial and Management Consultant demands full disclosure on status of new minimum capital requirement
The deadline for both new and existing banks operating in Ghana to meet the new minimum capital requirement as set up by the Central Bank of Ghana has since expired. As citizens who are supposed to be active ones and not spectators, we call on the regulator of all financial institutions in Ghana to make […]
Things were rosy for 5 years until you put sand in our gari-Menzgold customers blame gov’t
Customers of Gold trading firm Menzgold say they were enjoying their investments with the company over the last 5 years without any challenges until government decided to ‘muddy’ the waters for them. According to the customers who stormed the streets of Accra yesterday to protest the delay by the company in paying them their entitlements, […]
Group root for former BoG Deputy Governor Johnson Asiamah as NDC running mate
A pro opposition National Democratic Congress (NDC) group known as the Northern Alliance for NDC is impressing on the leadership of the party, particular the one that will emerge as the party’s flag bearer to appoint former deputy governor of the Bank of Ghana, Dr. Johnson Asiamah as running mate for the party, going into […]
Menzgold refuses to tell actual number of customers the company has
Gold trading firm Menzgold Ghana has refused to tell the actual number of people who are customers of the company. This is because at a press conference organized by the company Thursday September 27, 2018 to outline a payment plan for customers of the company whose dividends are due, the company blatantly refused to answer […]
Just in: Menzgold officially sues BoG and SEC
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 […]
Depreciation of the Cedi: economy on right track – BoG assures
The Bank of Ghana has assured the public the fundamentals of the economy is sound and strong, despite recent depreciation of the Cedi. Speaking at “The Cedi Forum” to discuss the depreciation of the local currency, the head of Financial Markets and Treasury Stephen Opata pointed out that the Central Bank has a firm grip […]