H/C stops Menzgold customers from converging Saturday

An Accra High Court has stopped a planned commemorative gathering by customers of defunct gold trading firm Menzgold.

The aggrieved customers had planned the convergence on Saturday to mark the passing of some 64 of their members who they say have suddenly passed since the company was shut down by government two years ago.

James Oppong-Bonuah, the Inspector-General of Police filed an order to stop the demonstration.

“It is hereby ordered that the respondents, the Coalition of Aggrieved Customers of Menzgold Ghana, Isaac Nyarko and Fred Forson are hereby restrained from the intended demonstration to commemorate two years of collapse of Menzgold Company,” the court order prohibiting the meeting said.

The Securities and Exchange Commission (SEC) ordered the shutdown of the gold-trading firm across the country on Thursday, 12 September 2019.

It also stopped the company from taking on new investments.

Meanwhile, all Menzgold customers who did not earn dividend equivalent to their initial investment will receive their monies back if the NDC wins the 2020 polls, National Youth Organiser of the party has said.

According to George Opare Addo, the NDC will institute a probe into the Menzgold customers’ claims and pay the credible ones.

“First of all, Menzgold customers are Ghanaians and the state must care. The next NDC government will probe the claims and pay those who deserve to be paid. There are customers who did not earn anything on their capital, such people must be paid and there are those who earned enough dividend equivalent to their investment,” he told Bola Ray on Starr Chat.


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