- Menzgold has set December 27, 2019 as date for payment
- The CEO, NAM1, had earlier flaunted some gold bars in his vault
- The company had earlier carried out a validation process ahead of the payment
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Menzgold Company Limited has finally released the date for payment to clients.
According to the information gathered by YEN.com.gh, the payment will start from December 27, 2019.
The date is contained in a press release issued by the company.
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The announcement is coming few hours after Nana Appiah Mensah shared a photo flaunting some gold bars in his vault.
Earlier, the company had carried out a validation process in which clients were asked to submit their documents.
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NAM1 earlier asked customers to forward their views and opinions of Menzgold’s intended payment schedule and plan to the company’s offices.
Menzgold in November invited its customers to validate their documents.
An estimated amount of GH¢200 million of depositors cash is believed to be held up at the collapsed gold dealership firm.
SEC opined that Menzgold did not have the proper license to trade in gold collectibles.
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