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Menzgold set to begin payment today

Source The Ghana Report

Defunct gold dealership firm, Menzgold Ghana Limited, has announced plans to pay aggrieved customers from today, Monday 20 December 2021.

The company has in the past failed to deliver on its own payment schedules.

In October this year, the defunct gold dealership firm said it will begin paying all its customers from today till June 30, 2022, following a final audit of documents from customers whose investments have been locked up.

The customers were asked to assemble at a designated office to receive their payment.

But in a statement on Sunday, Menzgold said they have been advised by the Police to pay electronically to avoid chaos and the possibility of spreading the novel COVID-19.

“With due regards to the above basis, respect for authority and as law-abiding patriotic citizens, our company consequently shall proceed to achieve the objective of the same payment by resorting to direct bank deposits, as we happily commence our final payments phase spanning from the 20th December 2021 to 30th, June 2022, starting with the following vetted creditors outlined,” as stated in the release.

The 181 customers, whose names have been captured in the release will be contacted via telephone by an authorised company representative, with dedicated phone numbers that would be made public to provide their bank details for payments to be made.

It further said that the list would be updated when the vetting process is complete.

“It’s important to also note that, we would keep updating the list of creditors within the indicated payment span when we subject the outstanding claims to our rigorous audit standards,” it added.

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