• Latest
  • Trending
Menzgold customers

Menzgold customers on edge, claim 15 members have died

March 29, 2019
YFM set to unveil 2026 Y Power Icons, celebrating Ghana's young trailblazers

YFM set to unveil 2026 Y Power Icons, celebrating Ghana’s young trailblazers

August 26, 2026
Daniel Laryea Passes FIFA Fitness Test to Retain Referee and VAR Badge

Daniel Laryea Passes FIFA Fitness Test to Retain Referee and VAR Badge

August 25, 2026
Fidelity Bank Completes Renovation of Multipurpose Auditorium at Police Public Safety Training School

Fidelity Bank Completes Renovation of Multipurpose Auditorium at Police Public Safety Training School

August 24, 2026
YEA Shines at Inter-Agency Football Gala To Mark National Youth Month

YEA shines at Inter-Agency Football Gala To mark National Youth Month

August 24, 2026
Okai Mintah Vows To Take Bimbilla Seat for NDC in 2028

Okai Mintah vows to take Bimbilla seat for NDC in 2028

August 21, 2026
Oppong-Fosu engages NDC Western Region caucus ahead of formal declaration

Oppong-Fosu engages NDC Western Region caucus ahead of formal declaration

August 21, 2026
DVLA expands services with newly launched Amrahia Ultra Centre

DVLA expands services with newly launched Amrahia Ultra Centre

August 21, 2026
Fibre Repairs Drain Millions Ghana Needs for Digital Expansion

Fibre repairs drain millions Ghana needs for digital expansion

August 20, 2026
Fairtrade Africa Convenes Industry for Change Day 2026

Fairtrade Africa Convenes Industry for Change Day 2026

August 20, 2026
Samsung Galaxy Z Fold8 Now Available in Ghana

Samsung Begins Sale of Galaxy Z Fold8 on Ghana Market

August 20, 2026
Absa supports EUR 456 million financing for Genser Energy’s next phase of growth

Absa supports EUR 456 million financing for Genser Energy’s next phase of growth

August 20, 2026
Absa Prestige Banking team equips Buzstop Boys to support community clean-up work

Absa Prestige Banking team equips Buzstop Boys to support community clean-up work

August 20, 2026
Happy Ghana
No Result
View All Result
  • Home
  • News
  • Sports
    • International Sports
    • Afcon2017
    • Afcon2019
    • Corporate Knockout
    • U17 World Cup
    • World Cup 2018
  • Entertainment
  • Business
  • Bizarre
  • Feature
  • More
    • Technology
    • Opinion
    • Lifestyle
  • Listen Live
  • Home
  • News
  • Sports
    • International Sports
    • Afcon2017
    • Afcon2019
    • Corporate Knockout
    • U17 World Cup
    • World Cup 2018
  • Entertainment
  • Business
  • Bizarre
  • Feature
  • More
    • Technology
    • Opinion
    • Lifestyle
  • Listen Live
No Result
View All Result
Happy Ghana
No Result
View All Result
Home Sports

Menzgold customers on edge, claim 15 members have died

in Sports
Menzgold customers

Menzgold customers

Share on FacebookShare on TwitterShare on Whatsapp

Some aggrieved customers of the defunct gold dealership firm, Menzgold Ghana Limited say 15 people in the group have died.
According to them, the deaths are as a result of their inability to retrieve their monies from the troubled firm.
In a statement, the customers say they will picket at the premises of the Economic and Organised Crime Office, the Attorney General’s office, and the Jubilee House to press home their demands.


Frederick Forson, a member of the coalition of aggrieved customers of Menzgold told Citi News, the government must furnish them with details of work being done to retrieve their monies for them.


“We want the government to tell us about the work they are doing in respect of our locked up funds. According to EOCO, they are more or less finished with the work that they are doing. It is left with the Attorney General who has the power to go to the court for a litigation order.”
“We want the government to give us the official briefing as to what they are doing. As we said in our statement, 15 of our members are already gone. Last week, we buried one of them in Tema so we want the government to come out with the payment plan, he added.

ADVERTISEMENT


We won’t allow Menzgold to go scot-free – Customers
The coalition of aggrieved customers of gold dealership company, Menzgold has already said they will not relent in their efforts to retrieve their monies from the company.


According to the customers, although no significant progress has been made in their quest to retrieve their cash.


The President of the coalition of aggrieved customers of Menzgold, Timothy Binob, said they will protest until their monies are retrieved.


“What we are saying is that we are never happy about this issue and we will never be happy because we have a lot of money locked up in Menzgold. And we will never let them go scot-free. We need to get those monies locked up at Menzgold.”


Ghanaians must learn lessons from Menzgold saga – Nana Addo
President Nana Akufo-Addo has also said the woes of troubled gold dealership firm; Menzgold Ghana should be a wakeup call for all Ghanaians.
In what he described as a tragic phenomenon, President Akufo-Addo admonished the citizenry to be wary of deceitful investments schemes to avert similar occurrences in the future.


“As the authorities try to unravel the intricacies of what happened (in the MenzGold saga), I admonish all Ghanaians to learn the necessary lessons for the future, even as State institutions work to bring a resolution to the matter, and those who are seen to have indulged in criminal activities, are brought to justice.

The Menzgold saga

Hundreds of Ghanaians lost millions of Ghana cedis after investments got locked up with Menzgold.

This is despite several protests by the aggrieved customers to pile pressure on the government to expedite processes to enable them to retrieve their monies.

Nana Appiah Mensah (NAM1), Chief Executive Officer (CEO), Menzgold, is in Dubai where he is facing a misdemeanour charge over a US$23 million deal, gone bad.

He is currently being held on remand at the Al Barsha police cell.

The misdemeanour charge in Dubai is equivalent to a second-degree felony in Ghana and if found guilty he could spend up to two years in prison.

In Ghana, the Economic and Organised Crime Organisation (EOCO), has frozen the properties of Menzgold and its associated companies.

Menzgold was asked to suspend its gold trading operations with the public by the Securities and Exchange Commission (SEC) in 2018.

It has, however, failed to fully pay its numerous aggrieved customers the value on their gold deposits as well as their entire investments.

Tags: CustomersDiedMembersMenzgold

Subscribe to receive notification everytime a new post is published. We promise to be discrete.

Unsubscribe
Previous Post

Mozambique confirms 138 cholera cases after cyclone strikes Beira.

Next Post

Barclays Bank Ghana records 35% growth in its support to customers

Next Post
Barclays Bank Ghana records 35% growth in its support to customers

Barclays Bank Ghana records 35% growth in its support to customers

Search

No Result
View All Result

Listen Live

Happy Kaseɛbɔ 600AM news bulletin
Happy Kaseɛbɔ 600AM news bulletin

BBC Match of the Day Africa

ADVERTISEMENT
Happy Ghana

Recent News

  • YFM set to unveil 2026 Y Power Icons, celebrating Ghana’s young trailblazers
  • Daniel Laryea Passes FIFA Fitness Test to Retain Referee and VAR Badge
  • Fidelity Bank Completes Renovation of Multipurpose Auditorium at Police Public Safety Training School
  • About
  • advertise
  • Privacy Policy
  • Contact Us

© 2025 Happy FM – Powered by Ghana’s leading radio network. Designed with passion by Global Media Alliance.

No Result
View All Result
  • Home
  • News
  • Sports
    • International Sports
    • Afcon2017
    • Afcon2019
    • Corporate Knockout
    • U17 World Cup
    • World Cup 2018
  • Entertainment
  • Business
  • Bizarre
  • Feature
  • More
    • Technology
    • Opinion
    • Lifestyle
  • Listen Live

© 2025 Happy FM – Powered by Ghana’s leading radio network. Designed with passion by Global Media Alliance.