Focus on the banks and leave Menzgold alone – Tracy Sarkcess fires BoG

Focus on the banks and leave Menzgold alone – Tracy Sarkcess fires BoG

- The Bank of Ghana has indicated that it would soon go after Menzgold to close it down

- This has generated a heated controversy between Menzgold, BoG and members of the public

- Sarkodie’s wife, Tracy Sarkcess, has said BoG should focus on the banks and leave Menzgold alone earlier reported the story of Zylofon Boss, Nana Appiah Mensah, calling the bluff of BoG.

Nana Appiah had termed a move by the BoG to close down one of his companies, Menzgold, a joke.

This follows the Bank of Ghana’s declaration that it would soon go after Menzgold soon.

READ ALSO: Nana Ama McBrown, Nana Aba Anamoah, Dumelo, and 8 other celebrities who are most loved by Ghanaians

According to reports, the gold trading company is being faulted by the BoG for engaging in banking activities which include deposit-taking activity.

This was contained in a notice issued and signed by the secretary of the Central bank, Mrs Caroline Otoo.

Despite the several cautions to Menzgold Ghana “to desist from solicitation, receipt of money and the payment of dividends to its clients, the company persists in its deposit-taking activity,” the notice read.

READ ALSO: You are not my regulator – Nana Appiah Mensah slams BoG’s move to close Menzgold

But the Zylofon Boss has gone wild over the notice and issued a warning to the Bank of Ghana.

According to him, his company does not operate under the BoG’s law and it is also not regulated by it.

This has generated a heated debate among some Ghanaians on social media, and Tracy Sarkcess, Sarkodie’s wife has not been left out.

In a post sighted on Instagram by, Tracy is asking the Bank of Ghana to leave Menzgold alone and rather focus on the banks.

She went further to explain that the BoG should know the difference between those squandering money and those helping others to make money.

READ ALSO: Moesha ‘kills’ her fans again with another wild photo

Tracy Sarkcess said that the Bank of Ghana should rather focus on the banks squandering people’s money and leave Menzgold alone.

She defended Menzgold by writing: “Menzgold doesn’t take deposit. They buy gold with the money you give them and work with that gold to give you a return on your investment. Which the last time i checked was around 10%. BOG should rather concentrate on the banks that are misappropriating people’s money rather than the ones actually making money for its people. .”

Tracy later issued a disclaimer saying she is not an ambassador of Menzgold.

tracysarkcess: “@naaobieley.ruby exactly! Menzgold doesn’t even touch the money you bring in. It’s only the gold you bring in. The misconception comes from the fact that the offer is just too good to be true which automatically breeds suspicion. Anyway...disclaimer: please I’m not a Menzgold ambassador.

Tracy Sarkcess was recently in the news following her wedding with Sarkodie after reportedly dating for thirteen years.

READ ALSO: Zylofon Boss' wife Quinrozy dazzles in gown designed with precious stones

Ghana News 2018: John Mahama’s Salary - Why Everyone Discusses It Now? |

Subscribe to watch new videos

READ ALSO: Kuami Eugene flaunts his 'first lady' on social media and some fans are jealous

Have national and human interest issues to discuss?

Know someone who is extremely talented and needs recognition?

Your stories and photos are always welcome. Get interactive via our Facebook page


Related news
Controversial Kumawood actress lists all the men who have 'chopped' her so far

Controversial Kumawood actress lists all the men who have 'chopped' her so far

Top Kumawood actress drops list of the men who have 'chopped' and dumped her
Mailfire view pixel