FINANCE MINISTER, Ken Ofori-Atta has revealed that about Ghc 200 million have been locked up in Menzgold.
Menzgold has been described as a ponzi scheme in which several investors have had their funds locked.
But speaking at Burma Camp on Friday, February 22, 2019 when he accompanied President Akufo-Addo, Mr. Ofori-Atta indicated the amount.
Some soldiers and police personnel are believed to be having their investments with Menzgold whose Chief Executive Officer, Nana Appiah Mensah popularly called NAM1 has been arrested in Dubai for an alleged dubious gold deal.
Fifty-three soldiers, in January 2019, sued Menzgold Ghana Limited, for failing to pay back ¢2.5 million in investments.
Source: Daily Guide
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We need prayers, all of us must go down on our knees and pray for this country. Leaders act as though they're enemy of the state. It's getting out of hand. What type of country gives foreigners access to its national grid?
Akufu Addo's father and family never liked the idea of Ghana having their own national grid, no wonder Akufu Addo is happy to give ECG to the white man. He knows he has a standby generator so whatever happens will not affect him. Who sells something as important as ECG? This man is destroying Ghana too quickly. Why are we quite? We must overthrow him before he does the unthinkable. Where is national pride? Can't we manage even one thing in this country? The white man's democracy is responsible for all this BS
This guy should be arrested! Why do we allow this guy to impose on us unbearable taxes whilst his own money is in a safe haven? Where can you do this?? He has the audacity to close down indigenous banks and yet his bugos bank is still standing. Why are we so quiet? Are we as F as some albinos claim. How come we are so quiet inspit of all the injustice being perpetuated against us? What is wrong with us? Why do we accept this? Like the sale of ECG, it's a manifestation of our Fuulishhness. Why do we accept oil contract which the foreigner who call us poor end up getting 80 percent. We need a revolution!!!!!!!!!!!!!!!!!!!!!!!!!!!!