Tag Archives: menzgold

  The Economic and Organised Crime Office (EOCO), has secured a court order to freeze properties of Menzgold Ghana Limited as well as other associated companies.     In a press release signed by the Head of Public Affairs at EOCO, Jacqueline Avotri, the court order for the freezing of …

  The Herald has obtained some details on the US$51 million gold fraud in which Dubai-based gold buyer; Horizon Royal Diamonds DMCC, which caused the arrest and detention of the owner of Menzgold, Nana Appiah Mensah in Dubai and refused to hand him over to Ghanaian authorities.     This …

  by bright agyapong 24 january Economist Professor Stephen Adei has described Menzgold Ghana Limited’s gold vault market as a Ponzi scheme which should not have been patronised by Ghanaians.The Securities and Exchange Commission (SEC) directed Menzgold to shut down its investment operations on 12 September 2018 for contravening the …

  By Nana Asare Barimah. 22 January. Irbard Security Consult has established a counseling center for Menzgold victims with a call on Ghanaians to halt the mockery and blame game but offer support to the victims. “Making mockery of them or blaming politicians will do very little to mitigate their …

  By Nana Asare Barimah. 22 January Whereas government is firm in its decision not to use a single dime of Ghanaian tax payers’ money to pay aggrieved customers of Menzgold, MyNewsGh.com is reliably informed that government has taken a decision to track down all assets and personal investments of …

  Actress Lydia Forson has asked Ghanaians whose monies are locked up with gold trading hub, MenzGold to forget they ever invested money in the company because it is not possible they could recoup their investments, MyNewsGh.com has reported.     The Chief Executive Officer (CEO) of the organization, Nana …

  The challenges of gold dealership firm, Menzgold which was the cash cow of other entities established by Chief Executive Officer (CEO) Nana Appiah Mensah alias NAM 1, has gravely affected their operations resulting in Zylofon Media being thrown out of its office, MyNewsGh.com has confirmed. In November 2017, Zylofon …

  By Nana Asare Barimah. 17 JANUARY, THURSDAY. Fifty-three soldiers have dragged Menzgold Ghana Limited, a gold dealership firm, to the High Court for failing to pay back their total investment of GH¢2.5 million.   The plaintiffs — from the Ghana Navy, the Ghana Air Force and the Ghana Army …

  By Nana Asare Barimah. The governing New Patriotic Party (NPP) has laughed off opposition National Democratic (NDC’ s) claim that businessman believed to have run a Ponzi scheme, Menzgold, was encouraged by the Akufo-Addo government. Yaw Buabeng Asamoah, NPP Director of Communications said, on the contrary, it was the …

  By Nana Asare Barimah Popular Kumawood actor and musician, Kojo Nkansah aka Lil Win has revealed that he is one of the many who has had their cash locked up at the troubled gold dealership firm, Menzgold. Although Lil Win admitted that his cash was locked at Menzgold, he …