Menzgold Update: Staff accuse NAM1 of “secretly” paying high-profile clients

Some staff of embattled gold dealership firm Menzgold Ghana Limited, have claimed that the company is conniving with some powers in government, to secretly pay the investments and entitlements of high-profile clients.

In a statement, the staff said: “We confirm that management members are secretly paying off clients without a proper schedule and with assurances to other clients.

“This makes their act suspicious, and unfair whenever money is made available.

“Powers in governance are aiding persons to retrieve funds but these same powers are reluctant in seeking the best solution for all,” the staff claimed, and have, therefore, called on the Economic and Organised Crime Office to take up the matter.

Several thousand clients of Menzgold have their investments locked up with the company after the Securities and Exchange Commission (SEC) order the firm to suspend its operations until it streamline its operations in accordance with the law.


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