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Defeamekpor rallies behind aggrieved Menzgold customers

The Member of Parliament for South Dayi Rockson-Nelson Defeamekpor has added his voice to those of the Coalition of Aggrieved Customers of defunct gold dealership firm Menzgold, calling on government to intervene in the case which their investments have gone down the drain with the Ponzi scheme. The indignant customers hit the streets of Accra, demanding President Nana Addo Dankwa Akufo Addo to personally intervenes
Mr. Defeamekpor proposed that the government should include Menzgold customers in the bailout being offered the customers of  the collapsed banks and special deposit Institutions.

Mr. Defeamekpor said, ‘the Bank of Ghana, Military men and people from all walks of life have invested in Menzgold and that investment is now an issue, so I agree that the government must come in and do something by way of bailouts and these bailouts must constitute part of the general bailouts given to the financial sector cleanup’.

 

Members of the Coalition of Aggrieved Customers of Menzgold  embarked on a demonstration and presented a petition to the Jubilee House over their locked-up monies. It marked exactly four years since the gold dealership firm, Menzgold was collapsed by the government; customers say efforts made towards the retrieval of their monies have been unsuccessful.

The aggrieved customers accuse government of unwillingness to prosecute Menzgold CEO, Nana Appiah Mensah (NAM1). The case, which was first called on 12 July 2019, has seen at least 18 adjournments in the courts. On countless occasions, the reason for the adjournments had been the wait on the Attorney General’s advice before prosecution could proceed with the case, the customers alleged.

After a series of press conferences and demonstrations without any end in sight, the customers decided to petition President Nana Addo Dankwa Akufo-Addo.

An aggrieved customer who has close to GH¢100,000 invested in the liquidated gold company, said he can barely afford three-square meals in day in this challenging and critical time that the country finds itself.

No charges have been brought against NAM 1, but he was earlier arraigned on some 61 charges, including carrying deposit business without a license, sale of minerals without a license, unlawful deposit-taking and money laundering.

 

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