If you want your money, go to court – Gov’t advises aggrieved Menzgold customers

The government has advised those who have lost their investments to beleaguered gold dealership company Menzgold to court and seek legal redress on the matter.

A statement signed by the Information Minister, Kojo Oppong Nkrumah – in the heat of the matter when aggrieved customers of the company are calling for the intervention of the government – reiterates government’s position that it cannot refund their monies.

“Customers whose contractual obligations have not been met by the company are entitled to seek legal remedy to retrieve their funds paid to the company ostensibly to buy gold,” portions of the statement reads.

Government in its statement released Thursday, January 10 noted that some aggrieved customers have already taken Menzgold on and have made considerable progress and has thus called on others to join in and pursue it in the courts.

“Indeed, some customers have exercised that legal mandate, and have either filed writs in the courts to retrieve their monies or reported the company and its directors to the security agencies on the suspicion of ‘Defrauding by False Pretenses’.

“The Ghana Police Service has, subsequently, issued an arrest warrant pursuant to these reports, and has, accordingly, informed Interpol to assist in the search for and arrest of Nana Appiah Mensah and two others to help in police investigations. We encourage aggrieved customers to join such actions.”

Meanwhile, the government has also denied allegations that the President, Nana Addo Dankwa Akufo-Addo, endorsed the operations of the Menzgold through meetings he allegedly held with the Chief Executive Officer, Nana Appiah Mensah.

According to the government, such narrative is an opportunistic attempt by opposition to win cheap popularity.

“It must also be put on record that President Akufo-Addo has never endorsed the company, its officials nor its operations. Indeed, the President has NEVER posted any tweet on his official Twitter handle expressing his admiration for the “success story” of Nana Appiah Mensah,” the statement indicated.