Some aggrieved customers of troubled gold dealership firm, Menzgold, have served notice of joining the forthcoming ‘‘Kum yɛn prɛko’ demonstration to publicly express their disappointment with the government over its handling of the Menzgold debacle.
The demonstration, slated for July 9, is being spearheaded by a pro-opposition group, the Coalition for Social Justice who says the New Patriotic Party (NPP) government has left Ghana worse off than it was bequeathed to them.
A member of the Coalition of Aggrieved Customers of Menzgold, Fred Forson, told Citi News that the aggrieved customers expect the government to do more to enable them to retrieve their locked up funds.
“We share in the objective of the demonstration being organized by the coalition for social justice. This is to press home demands for social justice for people who have been affected by actions and inactions of this government and other agencies. Our Menzgold issue is also a social issue and we felt government action has been very slow. Our conclusion is that, government is being very insensitive to our plight,” he said.
In 2018, Over two hundred customers of Menzgold besieged the premises of the company’s head office at Dzorwulu to demand payment of their locked up investments.
On December 19, some 100 retired and active Police Officers at the Kasoa Divisional Police Command in the Central Region also filed a writ at the Accra High Court against the company.
Menzgold was asked to suspend its gold trading operations with the public by the Securities and Exchange Commission (SEC).
According to the SEC, Menzgold had been dealing in the purchase and deposit of gold collectables from the public and issuing contracts with guaranteed returns with clients, without a valid license from the Commission.
This, the SEC said was in contravention of “section 109 of Act 929 with consequences under section 2016 (I) of the same Act.”