Legal Practioner, lawyer Maurice Ampaw has revealed that he has close to 2.4b Ghana Cedi Cash locked up at Menzgold, the gold trading firm that has been shut down by the securities and exchange commission of Ghana.
According to him he is not bothered about the fact that his money is locked up because he benefited immensely from the Gold company and that he will never count his loss.
Speaking on Okay FM’s Ade Akye Abia Programme, an aggrieved Maurice Ampaw indicated that there is nothing wrong with people who invested with MenzGold because nothing showed the company was not operating illegally since Bank of Ghana and the Securities and Exchanges Commission (SEC) did not speak about their illegality since their operation in 2005.
“I realized a company that has existed for about five years whiles it has operated under the watch of government, was able to sponsor Premier League, who took the entertainment industry by storm and its boss even met President Nana Addo."
Mr. Ampaw argued that, if institutions funded and mandated to monitor the authenticity of all investor companies fails, then they must be held responsible, not the company.
“I am not worried about my money but rather thinking about the ordinary Ghanaian who went for loan to invest and the many customers whose moneys are locked up at Menzgold due to irresponsible act of an institution who supposedly refused to monitor their activities,” he stressed.
Source: Josephine Acheampomaa/Peacefmonline/[email protected]
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Stu$%#pid literate!
FAKE NEWS, IGNORE THIS, WHICH GOVERNMENT WAS IN POWER WHEN HE ESTABLISHED HIS SCAM COMPANY? ONLY NDC IN POWER WHEN ALL THESE SCAMS COMES OUT TO CHEAT THE MASSES, BECAUSE NDC DON'T READ,NOT WELL EDUCATED AND LESS VISIONARY AHEAD.
So what? Go and collect your money.... By the way have you paid tax on the money to government?
If it is not greediness then why will someone go and take loan to invest in menzgold? The one who gave you could have used the money to invest over there instead of giving it to you. I have a friend who took loan from me and invested there. I can't say if its the money i gave him that he invested over there but he has not been picking my calls gir some time now. He did not even speak to me about menzgold. They were chopping the dividends alone so let them suffer it alone. Grreedy people are always those that get scammed.
you are indeed a Compound house lawyer. You are only good in cases occurs that occurs typical Ghanaian compound houses. As a lawyer t you should have know better.
I put it to you Mr Mawrice Ampaw that you are a very worried person having lost that much in "gambling". You are only pretending not to care only because of you not being smart like some of us - others have branded you and your likes as Greedy. You can never be my counsel should I ever need one. Next time be smart! And whoever is dreaming of a government's pay out must wake up to the reality. It was a pure Game of CHANCE and nothing else.
EH EH EH NAM 1 WHY WHY WHY OH LORD SAVE HIM YOU HAVE PUT YOURSELF IN A MESS GOD HELP YOU AMEN
i think the Securities Exchange commission just like many state institutions are a usle.ss institution. there are many more companies like menzgold duping people but its clear they are cronies to the many fraudulent deals. A firm called Heritage Securities has our monies and we have reported to the SEC yet they do noting about it. They should just wait and see what will happen soon. if they can dupe us because they have connections, we will surly get our day of revenge when they least expect. we will surely come after them until they and their families can not enjoy the booty anylonger. a word to the wise in Final warning
Look at the empty barrel too talking about ¢2.4b. Please give us a break wai go & get something to do with your life
so this guy is worth 2.4b new GH cedis?