Angry Menzgold client creates scene at Dzorwulu office

An angry client of Menzgold Company Limited created a scene at the Dzorwulu branch of the gold-dealing firm on Tuesday, 30 October 2018 when she refused to leave the office after working hours because she had not received her principal investment.

Margaret Ofori, a mother-of-three, who invested GHS60,000 with Menzgold, said the money is everything she had toiled for while in Bahrain.

According to her, she returned to Ghana a few months ago and a friend advised her to invest the money in Menzgold, which she did.

She has not received any extra value payment on her investment and wants her principal paid back to her in full.

Menzgold and the Securities and Exchange Commission (SEC) as well as the Bank of Ghana (BoG), are currently in a legal tussle.

On Tuesday, Ms Ofori told sit-in host of the Citizen Show, Nana Agyen Barima (The Senator) on Accra100.5FM that she visited the office of Menzgold at 6 am to request the management of the gold-trading firm, to, at least, rent a place for her to live if they cannot refund her full investment.

According to her, after waiting till 6 pm, she was told there was no money and that clients will be paid 15 per cent of their principal investment from 9 November 2018.

The angry client was asked to leave for the office to be closed but she refused. She said the branch manager ordered the security to allow her to pass the night at the office with her sister if she insisted on remaining there until she has been paid.



A sob Ms Ofori said: “I’m a mother-of-three, I’ve told the management of Menzgold about my financial challenges but they have refused to refund my money. Today, I’ve been locked up in their office. I have a sick sister who needs to do a scan and we need money, I’ve explained all this to the management of Menzgold but they still have not paid us…”

“I’m coming from Kasoa and have nowhere to stay. All I’m even asking for is for them to rent a place for me to live, but that has also fallen on deaf ears, I’m disturbed and don’t know what to do,” she lamented.

Meanwhile, 12 angry customers of the company, led by one Lewis Pendragon, have threatened to sue the gold-trading firm within seven days if it fails to pay them in full.