Some aggrieved customers of Menzgold at Kasoa in the Central region have threatened to embark on a naked demonstration should the Securities and Exchange Commission (SEC), fail to allow the company resume operations.

The customers who were mostly market women threatened to storm the Jubilee House naked in protest against the directive issued by SEC to Menzgold forcing them to stop operations.

The women are questioning if the president wants them to engage in prostitution in order for them to survive. A women quizzed, ‘’I want to ask government if they want us to go out there and prostitute our bodies? That is what I want to ask President Akufo-Addo.

We voted for him to assume the role as president but he has failed to give the youth jobs to do. God has brought in someone who has created jobs for us to do and government wants to close down the company.

What does he [President] wants us to do if the company is shutdown? Another aggrieved customer of Menzgold threatened, ‘’we are storming the Jubilee House naked. We voted for Nana Addo because we had hope in him.

We voted for him because we trusted in him. There are no jobs and I have managed to set up my own business, gathered some money and invested it at Menzgold and now, you want to shut it down; this is not good and so we are ready to storm the Jubilee House naked.’’

The customers threatened to vote against his administration in 2020 should the challenges and issues of Menzgold be treated in a suspicious manner.

Others wondered why Menzgold is being treated ‘’unfairly’’ despite opening branches in other countries.

Meanwhile, another group calling itself Coalition of Concerned Youth have also called on the president to investigate his Finance Minister, Ken Ofori-Atta because they suspect he is in engaging suspicious dealings at the disadvantage of financial institutions in Ghana.



The group and the customers of Menzgold staged a demonstration in Kasoa today [Friday]. Management of Menzgold announced on Thursday morning that it has temporarily halted its collectables and any new business related to its gold vault market with immediate effect.

According to the company, the halt of what is also called extra value payments takes effect from today Thursday, September 13 and will be in place for six days, "by which time we believe all pending issues related to the Gold Vault Market Product would have been ironed out."



"This decision, though very unfavourable to us has been informed by our commitment to the rule of law, absolute respect to state agents, agencies and total submission to the state," the statement from the company said.