Search
Close this search box.
GBC
GHANA WEATHER

MENZGOLD customers complain dividends not being paid as promised

Facebook
Twitter
LinkedIn
WhatsApp
Pinterest

Despite the assurance by Management of Menzgold that depositors will be given their dividends Friday some customers are disappointed.

Reports say a number of Menzgold customers are stuck at the Dzorwulu Offices, disappointed because Management is now saying they could not trade because of the government ban.

Besides they are not able to pay customers, because they are in court.

GBC’s Radio Ghana picked information that customers have besieged Menzgold offices demanding their dividends.

Armed policeman are also on sight keeping law and order, while the office remain locked.

A  customer, Lewis Pendragon  said the Central Bank’s intervention has turned out to be counter-productive.

For the side of their story, PRO of MENZGOLD, George Quaye told Radio Ghana he is in a crunch meeting.

Meanwhile, Head of Economics Department of the University of Cape Coast, Prof. John Gatsi says the inability of Menzgold to pay dividends to clients is not surprising.

He said there is the need for the regulator to do due diligence to avoid such mishaps.
He said the MENZGOLD saga must be dealt with soonest to reverse the run-on, on the company.

Leave a Reply

Your email address will not be published. Required fields are marked *

ADVERTISEMENT