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We'll Not Fail Ghana; We're Prepared To Deliver - Menzgold Assures Public   
 
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13-Sep-2018  
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Nana Appiah Mensah, CEO of Menzgold
 
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Menzgold will not fail Ghana but is committed to its customers and will deliver on its mandate to trade in gold collectibles, Chairman of the company Fred Ohene Frimpong has assured all Ghanaians.

Fred Ohene Frimpong, in an interview with host Kwami Sefa Kayi on Peace FM's 'Kokrokoo', allayed the fears of its customers and the general public about the recent happenings in the financial sector involving Menzgold.

The Securities and Exchange Commission (SEC) wrote to Menzgold Ghana Company, demanding that all trading in gold without licence be ceased.

It also asked the company which has been on the warpath with the Bank of Ghana, not to take new contracts (investments) and also halt the broadcast and publishing of all its adverts forthwith.

To the company's Chairman, they are not aware of contravening any laws regarding their operations and so, asked why the SEC would come after them, asking them to shut down.

He narrated that Menzgold are currently in talks with Economic and Organized Crime Office (EOCO) to find lasting solution to the issue and so wondered why the SEC would go behind EOCO to issue such directive to them.

This notwithstanding, Mr. Ohene Frimpong assured the public of their commitment to its customers stating emphatically that "we're prepared to deliver and then we’re going to deliver…Whatever it is we’ll find a way to negotiate with them, sit down with them and find a permanent solution to this problem because we’ll not fail. And we’ll not fail Ghana".


 
 
Source: Ameyaw Adu Gyamfi/Peacefmonline.com/Ghana
 
 

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COMMENTS




Name: Sefa Kayi B.
#ISTANDWITHMENZGOLD Besides upon sec and bog's regulations what happened in the banking and other fund management institutions. why is Addison even at post? If they want to be respected and considered competent they should be preventive rather than their poor reactive measures. shame on sec, even your website is not informative enough.
 
Name: Kofi, K. K.
Nana Appiah Mensah of MenzGold has demonstrated the success of his business entity to the world. He has made it in Spain, the UK and in Nigeria. He keeps on chalking success after success and is the envy of his competitors. The alarcrity with which BoG reported the company to EOCO cannot be overemphasized. Yet SEC and its mentor BoG have started collapsing the bank even before EOCO’s report comes out. This is anti indigenous business stance and should be condemned in no uncertain terms. Cry, my beloved country.
 



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