Mother of 3 refuses to leave Menzgold office as she "fights" for her 60k investment

Mother of 3 refuses to leave Menzgold office as she "fights" for her 60k investment

A scene was created at the Dzorwulu offices of gold dealership company, Menzgold, as an investor with the firm refused to leave the building over what seems to be a case of an investment gone wrong.

Menzgold Company Limited is facing serious difficulties, some of which has to do with issues of legality brought against them by the Security and Exchanges Commission.

Apart from that, investors in the gold trading activity of the company have not been paid their dividends for about two months.

Classfmonline.com reports that on Tuesday, 30 October 2018, the woman, Margaret Ofori, refused to leave the offices until she was paid her money.

Ofori narrated that she was a mother of three who had invested GHC 60,000 with Menzgold.

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Menzgold

Embattled Chief Executive of Menzgold, Nana Appiah Mensah. Photo credit: Google Photos

According to her, after returning from Bahrain a few months ago, a friend advised her to invest the money with the company.

She has however not received any extra value payment or dividend on her investment. Menzgold's promise to customers is to give between 7 and 10 percent on the capital, every month.

Ofori is not expectant of profit and only wants her principal paid back to her in full

After waiting till 6 pm on Tuesday, she was told that clients will be paid 15 per cent of their principal investment from 9 November 2018.

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The Menzgold crisis has opened up issues of financial education and government's responsibility towards Ghanaians.

Vice-President of IMANI Ghana, Kofi Bentil, was of the view that government owed nothing to people whose monies were locked up with Menzgold.

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Source: Yen.com.gh

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