The Economic and Organised Crime Office (EOCO) has invited the Chief Executive Officer of Menzgold, Ghana Company Limited, Nana Appiah Mensah for questioning.
The Executive Director of EOCO, K.K. Amoah who confirmed the invitation to GraphicOnline however, did not comment on the reasons for the invitation.
This development follows public notice by the Bank of Ghana indicating that it was moving against Menzgold, which is suspected to be carrying out unlawful transactions by taking deposits.
According to the regulator, Menzgold, which is known as a precious minerals trading company, is carrying out unlawful transactions by taking deposits.
In a public notice issued by the BoG, it said the company has no authority to engage in what it says are the “solicitation, receipt of money or investment and the payment of dividends or returns to its clients.”
