Lawyer calls on government to pay Menzgold customers some of their locked up money

Lawyer calls on government to pay Menzgold customers some of their locked up money

A private legal practitioner, Dr Nana Oppong, has said the government of Ghana must use state funds to pay part of the monies lost by several thousand clients who invested their capital with the embattled gold dealership firm, Menzgold Ghana Limited.

According to Dr Oppong, who is the President of Distinguished Scholars of Africa, even though the government was not obliged to do so, it could make that intervention based on humanitarian grounds.

That he said, would supplement Menzgold’s payment efforts, especially in the event that the company is unable to fully pay all its clients' principal investments to them after all possible avenues have been exhausted.

Dr Nana Oppong
Dr Nana Oppong, private legal practitioner Source: Supplied
Source: UGC

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In Dr Oppong’s view, the government should pay a certain percentage of the locked up investments to the victims on compassionate grounds.

Meanwhile, some the aggrieved customers of Menzgold in Accra were recently reported to have said that they should be paid by government because they also paid taxes.

The secretary of the group, Samuel Odartey however denied those reports and said that the public and government may have misconstrued their demands, as all they wanted was for the government to help bring Nana Appiah Mensah to book.

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The government has however shut the door on any hope of customers of embattled Menzgold Company Limited being cushioned or settled with taxpayers’ money.

This followed continued cries for government intervention from such customers despite the Finance Minister earlier stating that the government would not pay customers their monies locked up in the company.

Information Minister, Kojo Oppong Nkrumah, recently urged the customers to follow appropriate legal processes to get their monies back.

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