General News of Thursday, 11 April 2019

Source: mynewsgh.com

We’ll continue to invest in Menzgold if NAM1 pays us – Menzgold customers

Nana Appiah Mensah, CEO of Menzgold Nana Appiah Mensah, CEO of Menzgold

Members of the Coalition of Aggrieved Menzgold Customer (CAMC) have said they would not hesitate to reinvest their monies into the trouble gold dealership firm, Menzgold, if their locked up funds are reimbursed.

“You’ll still have to drink water even if your only child drowns in water; such is the order of life”, the customers justified their resolve to reinvest in Menzgold, if they get their monies back.

Speaking in an interview with Kumasi-based Angel FM monitored by MyNewsGh.com, spokesperson for the CAMC, Timothy Binorp said the Chief Executive Officer of Menzgold, Nana Appiah Mensah alias NAM 1 cannot be entirely blamed for the troubles of the company.

He said if the Securities and Exchange Commission (SEC) and other state regulators had handled the matter a bit more professionally, the matter would not have gotten out of hands.

His comments follow the acquittal and discharge of Menzgold CEO, Nana Appiah Mensah alias NAM1 after a court in Dubai cleared him of any wrongdoing in a case brought against him by Emirati firm, Horizon Diamonds.

NAM1 is expected back in Ghana in the coming days, with the hope of settling his indebtedness to the thousands of Menzgold.

The aggrieved customers say they are hopeful that they would get their monies back when NAM1 arrives in Ghana, expressing their preparedness to put their monies back into Menzgold if the company satisfies all legal requirements and cleared to do business.

Timothy Binorp said, “Government cannot deny the benefits it derived from Nana Appiah; at least he employed some youth and paid taxes, so he should not be crucified”.

He said the number of Menzgold employees who are currently sitting at home, must be a cause for worry for the government.