In a show of unity, the concerned Menzgold Ghana customers are coming together today, Monday, October 23, to engage with the Ghana Police Service regarding the release of GH¢5 million, a sum contributed by the company’s CEO, Nana Appiah Mensah. This amount is intended for subsequent distribution among the affected clients.
Menzgold, in a heartfelt message announcing the release of these funds, which will be vigilantly overseen by the police, has specified that disbursement will be limited to customers who have diligently adhered to the prescribed procedures throughout the settlement process.
However, the advocate for the aggrieved customers, Frederick Forson, emphasized that this gathering with the police is crucial for attaining much-needed clarity on the subsequent course of action.
“He deposited GH¢5 million at the CID headquarters, and based on our investigations, that amount has been transferred to the Bank of Ghana,” Forson explained, further adding, “We are still in the dark regarding the specifics surrounding this financial allocation. As of now, we are uncertain about its intended purpose.”
He continued, “The case is presently before the High Court, and any potential action, if pursued, would likely necessitate the involvement of the Attorney General. Yet, it’s only after our meeting with the police that we can ascertain the CEO’s intentions for this sum.”
The distressed customers have persistently sought the release of their funds ever since Menzgold suspended its operations in 2018. Over time, the company has faced allegations of running a scheme that resembles a Ponzi scheme.
Nana Appiah Mensah, also known as NAM1, is currently undergoing a trial for charges of fraud. In this journey for resolution and justice, these customers hope for a fair and compassionate resolution of their predicament.