menzgold office
menzgold office

Menzgold Customers in the Ashanti Regional Capital of Kumasi have threatened to embark on a massive demonstration following management’s failure to pay them their capital and accrued interest.

After the Securities and Exchange Commission (SEC) ordered the closure of Menzgold, the management of Menzgold issued a payment plan to pay their customers dividends despite failing honor previous promises of paying a section of investors whose investments matured before 12th September.


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Due to this, Menzgold customers in the Ashanti region have made arrangement to also embark on a naked demonstration to offload their grievances.

The customers on Thursday stormed the Amakom branch of Menzgold to demand their dividends and capital after they decided to terminate their contract with the company.

In an interview on Abusua Nkommo hosted by Kwame Adinkra the leader of Menzgold’s customers in the Ashanti Region, Mr. Baffour Amankwah said that they will not sit down for their huge investment to go waste.


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Mr. Baffour Amankwah, however, said that they would not only blame Menzgold if things go wrong but that of the regulatory bodies that are mandated to do proper checks on them before granting them the requisite documentation to operate.

Customers who wish to terminate their investment transaction have the right to per the contract signed, he noted.

Meanwhile, the company this week said it has reached an agreement with its customers to scrap the payment of dividends to them.



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