You ignored warnings and gambled with your money, we won’t pay you kobo-Gov’t issues official statement on Menzgold saga

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Government has officially made its position on the raging Menzgold saga known, saying it will not use the tax payers’ money to pay the aggrieved customers.

A statement issued a while ago and under the hand of the information Minister, Kojo Oppong Nkrumah said government sympathizes with the customers on the difficulties encountered in their transaction with company ‘’the state cannot and will not resort to the use of taxpayers’ monies to refund customers monies’’.

The statement continued ‘’government wishes to inform the general public that the security  agencies having received reports from customers that they believe they have been defrauded by false pretenses, shall employ all the powers of the state to find the accused persons, investigate the allegations, and ensure that the law takes its course in this matter’’

See the full statement below.



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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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