- Menzgold has been shutdown by the Securities Exchange Commission for alleged illegal activities
- Management of Menzgold have called on customers to be assured of safe investment
- Nana Appiah Mensah himself has descried the treatment, saying he is not less of a Ghanaian
YEN.com.gh reported the news of Menzgold Limited being shutdown by the Securities Exchange Commission (SEC), for alleged illegal activities.
According to the SEC, Menzgold was dealing in the purchase and deposit of gold collectibles from the public and issuing contracts with guaranteed returns with clients, without a valid license from the Commission.
This, according to the SEC, is in contravention of “section 109 of Act 929 with consequences under section 2016 (I) of the same Act.”
Therefore, it ordered Menzgold to desist from its trading activities.
But Nana Appiah Mensah, CEO of Menzgold and Zylofon Media, seems to be very angry with the treatment being meted out to Menzgold.
In a new post sighted by YEN.com.gh, Nana Appiah is decrying the situation, lamenting of being treated less of a Ghanaian.
He spoke of how some of his family members played crucial roles in the struggle for Ghana’s Independence, indicating that he is a true Ghanaian who must be allowed to do his business without any form of attacks.
According to him, his grandfather, Samuel Brew, fought in the Second World War and in the build up to Ghana’s Independence.
He added that an uncle of his called Uncle Ernest Wood, also served as the Colonial Secretary during the transition from Gold Coast to Ghana, therefore he is not less of a Ghanaian.
Nana Appiah Mensah wrote: “Grandpa of blessed memory Samuel Brew, fought in the 2nd World War and in the build up to Ghana's Independence, Uncle Ernest Wood served as the Colonial Secretary to transition from Gold Coast to Ghana. I am not less of a Ghanaian. Freedom is expensive. I AM DETERMINED TO PAY.”
His post is as if to ask “Am I not eligible to run businesses in my own motherland Ghana which my family members also fought for?”
Meanwhile, the management of Menzgold has assured customers of safe investment with them.
The management also said the company lawyers were being contacted to deal with the issue.
Ghana News Today: Duncan Williams - The Shocking Truth About His Divorce | Yen.com.gh
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