Many observers in the ongoing Menzgold Ghana brouhaha seems to be taken aback by the fact that the company rather chose to hire the services of local law firm Kwame Akuffo & Co instead of the heavily touted UK law firm Baker & McKenzie that the company advertised earlier. The company in the heat of […]
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 […]
Residents of Tarkwa in the Western Region are warning government to take immediate steps to ensure that the Menzgold issue does not get out of hand. They want government to do everything possible to protect the investments of those who have invested with the company in order to forestall any chaotic situation in the not […]
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 […]
Embattled Chief Executive Officer of Menzgold Ghana and Zylofon group, Nana Appiah Mensah seem to be going through a lot of emotional trauma in these trying moments and have lost his cool on senior Multimedia news anchor and presenter, Israel Laryea. Mr. Laryea is said to have made some observations on the current predicament of […]
Pressure group Occupy Ghana is against the operations of Menzgold which it alleges is not licensed to operate. The group believes with the way the company is running its operations, it is headed for saturation very soon. They argue that for the type of business Menzgold is running, the company required three licenses, one each […]
Menzgold Ghana has announced the continued suspension of its gold vault product market services until the 28th of September 2018. The continued suspension of the market services is as a result of the current brouhaha the company is engaged in, with the Securities and Exchange Commission. A statement issued by the company and under the […]
It has emerged that captain of the Senior National Team the Black Stars, Asamoah Gyan invested a whopping 1.5 million Ghana Cedis in Menzgold, earning 10 percent on that mount every month. Asembi.com published a story in which it alleged that the Black stars captain has been investing the amount with the company for some […]
Chief Executive Officer of Menzgold Ghana, Nana Appiah Mensah seems to have been shaken to the core by the incessant altercations between the company and state institutions and has vowed to fight on until the end. The young business mogul who took to his tweeter handle to register his anger and displeasure at the treatment […]
Menzgold Ghana has indicated it is headed for the law courts in a move aimed at suing the Securities and Exchange Commission (SEC) for what it called breach of trust. The company says it is highly disappointed in the state institution for going against its confidentiality rules by leaking a confidential document to the public. […]
