Menzgold releases names, account numbers of customers to be fully paid

Menzgold releases names, account numbers of customers to be fully paid

  • Menzgold has published the fill names and account numbers of its clients eligible for payments between December 20 this year June next year
  • The defunct deposit-taking company says their decision is premised on a recent correspondence with the authorities of the police service
  • Menzgold got its license revoked by the Securities and Exchange Commission (SEC) after revelations the company was running a Ponzi scheme

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Defunct deposit taking institution, Menzgold, has announced the list of “eligible customers” to receive payment of their locked up funds from the 20th of December, 2021 to 30th, June 2022.

In a statement cited by YEN.com.gh and signed by the leadership of the defunct company, Menzgold revealed that payments will be made into the bank accounts of all 181 “eligible customers” whose full names have been published in a press statement.

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Menzgold releases names, account numbers of customers to be fully paid
Menzgold releases names, account numbers of customers to be fully paid. Photo: Menzgold Communications
Source: Getty Images

“Vetting of all the claims supporting documents received is still very much in progress, shortly after we’re able to successfully complete this very meticulous, systematic and very important exercise, we shall proceed to publicize all the tallies compiled as indicated in our 7th October, 2021 publication prior,” excerpts of the statement revealed.

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Menzgold releases names, account numbers of customers to be fully paid
Menzgold releases names, account numbers of customers to be fully paid Photo credit: Menzgold Communications
Source: Getty Images

I Invested GHc86K into Menzgold, I now Depend on Friends to Eat - Visually Impaired man Shares Sad Story

A man living with visual impairment, Richard Aboagye, has disclosed he invested a whopping GHc86,000 into the defunct gold dealership and investment firm, Menzgold Ghana.

Aboagye complained of being in dire straits since September 2018 when the Securities and Exchange Commission (SEC) directed the firm to suspend its mineral trading operations.

Speaking to YEN News' Philip Abutiate, Aboagye revealed his wife also invested a huge amount into the collapsed investment company.

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Life after closure of Menzgold

''Things are not doing better for me now because I'm suffering a lot; there's nothing home. Friends now help me to eat and other stuff, so there's nothing better going on in my life again.''

Asked how much he invested into the company, Aboagye said:

''I invested GHc86,000, and then my wife invested GHc100 million,'' he said, explaining that he withdrew his savings from the bank to invest at Menzgold.

Three years after the gold dealership and investment company shut down, Aboagye remains hopeful that he will retrieve his locked up money.

Meanwhile, customers of the defunct gold dealership firm, Menzgold, have vowed to use available avenues to retrieve their locked up investments from the company, myjoyonline.com reported.

The Coalition of Aggrieved Customers of Menzgold, in a press conference, accused the Government of Ghana of failing to protect funds of the investors, a development that continues to deepen their hopelessness by the day.

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Source: YEN.com.gh

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