The government has disclosed that, it will not use the taxpayers money to pay the aggrieved customers of the troubled gold dealership company, Menzgold Ghana Limited.
This was contained in a statement issued on Thursday and signed by the Minister of Information, Mr Kojo Oppong Nkrumah which said although government sympathizes with customers of Menzgold following the failure of the latter to meet its contractual agreement with the former, the Bank of Ghana (BoG) and the Securities and Exchange Commission (SEC) are not clothed with any legal mandate to refund monies to clients.
The statement further directs all aggrieved customers of MenzGold to see legal redress as some have done already.
Customers whose contractual obligations have not been met by the company are entitled to seek legal remedy to retrieve their funds paid to the company ostensibly to buy gold. Indeed, some customers have exercised that legal mandate, and have either filed writs in the courts to retrieve their monies or reported the company and its directors to the security agencies on the suspicion of “Defrauding by False Pretences”.
The Ghana Police service has, subsequently, issued an arrest warrant pursuant to these reports, and has, accordingly, informed Interpol to assist in the search for arrest of Nana Appiah Mensah and two others to help in police investigations. We encourage the aggrieved customers to join such actions;
Read the full statement here… NAM 1
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Source: Ghanamatters.com | Ghana
