Management of gold dealership company Menzgold, has announced that customers can visit branches of the company to demand their matured investment from today.
Addressing a press conference, Corporate Affairs Manager of Menzgold, Nana Yaw Ofei, explained that the company will pay all its customers who were trading with them until the 12th of this month, when a directive from the Securities and Exchange Commission, SEC, interrupted their operations.
This means those who invested after that date, “will not get any form of returns”.
He urged Customers are to only visit their branch on the date for their collection as the schedule will be strictly adhered to, to avoid crowding at the branches.”
This latest development which comes as a relief to customers, follows Menzgold’s suit against the Securities and Exchange Commission (SEC) and the Bank of Ghana.
The company in its suit is seeking from the court an order directing the two institutions to stop interfering in its business.
Menzgold among other things asked the court to stop the Bank of Ghana and the SEC from publishing what it described as “derogatory notices” against its business.
