Business, Ghana

Menzgold fails to go online

Asembi.com reported earlier on that Menzgold released a press statement announcing the launch of its online trading platform “Menzgold Global” on November 5, 2018.

Customers of the good dealership company has been waiting in anticipation of what the online trading platform holds for them. Comments on Facebook and various Whatsapp groups show that investors are waiting to migrate to the online platform to ensure effective trading and payment of extra values as promised by the company.

It’s now November 7 and Menzgold Global has not yet been launched. There’s no official communication from the company yet and it has not yet been established what’s responsible for the delay.

Investors who are terminating their contracts with the company are also waiting for November 9 for the “well-structured transactions schedule” to determine when they would be receiving 15% of their investments. Blogger Akesse Sanza in his commentary on the latest release by the firm described these promises as “lies”. Read full commentary here.

CEO of the company, Nana Appiah Menzah aka NAM1, addressed customers of the firm in a phone-in radio interview. He pleaded with SEC and BoG to correct the firm when it goes wrong since it’s “young”. He promised to be law abiding but did not clarify if Menzgold would be operating under these two regulators; SEC and BoG.

Asembi.com is monitoring the website of the online trading platform and readers would be notified immediately it goes online, that’s if the company has not changed plans since the proposed launch date of November 5 has passed.

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