Menzgold customers to storm SEC, EOCO today

Aggrieved customers of the defunct gold-trading firm, Menzgold Ghana Limited, will today, Tuesday, 2 April 2019 picket the premises of the Securities and Exchange Commission (SEC), the Economic and Organised Crime Office (EOCO) and the Attorney General’s office over what they describe as government’s feet-dragging attitude towards their plight.

The customers say picketing is part of the measures they plan on using to pile pressure on the government and state agencies to help them retrieve their locked-up funds.

The embattled company has not been able to pay its thousands of clients’ extra values and principals since August 2018 after SEC shut it down over regulatory infractions.

Several demonstrations by the frustrated clients have led state authorities to issue a warrant for the arrest of the CEO, Nana Appiah Mensah.

The Ashanti regional secretary to the Coalition of Aggrieved Menzgold Customers in February this year said ten of their colleagues had died following the collapse of the company.

According to him, others have also suffered a stroke and are unable to walk due to the loss of their investments.

To that end, he called on the state to expedite action to deal with the directors of the firm and ensure that the customers retrieve their money.

Ghana | Atinkaonline.com

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