Some group of angry\u00a0clients of gold dealership firm, Menzgold, have embarked on a<\/p>\n
demonstration against the company on\u00a0Tuesday, 27 November 2018.<\/p>\n
According to these angry clients, they can no longer watch their investments to be locked up<\/p>\n
at the firm whiles they struggle to feed themselves.<\/p>\n
They revealed that they are fed up of their daily excuses given them by management of the firm.<\/p>\n
Some of the also revealed that they were convinced their investments were safe due to<\/p>\n
assurances by Ghanaian dancehall artiste and Zylofon Media signee Stonebwoy.<\/p>\n
An aggrieved customer, who participated in a demonstration against the company said<\/p>\n
the words of the Stonebowy convinced him that all was okay.<\/p>\n
However, after several months of promises to pay them 15 per cent of their locked-up<\/p>\n
investment principals, the company has failed to live up to expectation.<\/p>\n
during the demonstration.<\/p>\n
He also criticized musician Becca and other ambassadors of Menzgold for keeping quiet<\/p>\n
about the plight of the customers whose investments have been locked up.<\/p>\n
A few months ago, Stonebwoy, who is one of the top artistes signed by Zylofon Media, also<\/p>\n
owned by the CEO of Menzgold, Nana Appiah Mensah, urged the customers to stay calm<\/p>\n
since the operations of the company will soon return to normal.<\/p>\n
\u201cI urge all members of Menzgold to keep calm and take it easy because the situation is under control and your gold deposits are safe and secure,\u201d he said.<\/em><\/p><\/blockquote>\n
Scores of the angry customers marched through the principal street of Accra starting from the<\/p>\n
Obra Spot and ending at the Accra Hearts of Oak Park.<\/p>\n
The customers have therefore pleaded with the government to intervene to get Menzgold<\/p>\n
to refund their investment.<\/p>\n
Another aggrieved customer, Obeng-Mensah told Class News’ in an interview during the demo that;<\/p>\n
\u00a0\u201cWe are demonstrating against Menzgold in particular and pleading with the government to intervene. We\u2019ve had a contractual agreement with Menzgold and there is this issue of the Bank of Ghana and the Securities and Exchange Commission (SEC) that came to shut down the company.<\/em><\/p>\n
\u201cWe became loyal to Menzgold and expected them to pay us our money. Initially we agreed they cancel the interest and pay us our principal investment within 90 days but for three months now, there has not been any payment. None of the customers of Menzgold has received their money but Menzgold is going about deceiving that they are making payment.\u201d<\/em><\/p><\/blockquote>\n
Another demonstrator pleaded with the Akufo-Addo government to intervene to ensure<\/p>\n
that the company pays them their principals.<\/p>\n
Watch video below for more;<\/p>\n