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Menzgold management conniving to secretly pay ‘close friends’ – Staff

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Staff of Menzgold Ghana Limited say some of their management have tried to flee the country as clients agitate for their locked up funds.

They add that thirteen (13) of the management members, the names of whom they listed in their statement, left the country but were deported.

The staff of Menzgold also accused management of conniving with some in government to secretly pay off selected clients of the company. This was contained in a statement issued by some staff of the company.

The staff, who say they have been working for four months also claimed management has started selling off assets for personal gains and also to settle their close friends.

They are therefore calling on the Economic and Organised Crime Office (EOCO) to investigate the matter.

Menzgold’s troubles began when it was asked by the Securities and Exchange Commission (SEC), to suspend its gold trading operations with the public.

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.

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