Menzgold saga: Ghanaians divided over JoyNews UK report

JoyNews Editor, Israel Laryea on a recent trip to the United Kingdom (UK) took advantage of his visit to report on the operations of Menzgold in the country as it has become the subject for discussion on all media platforms.

According to the report, Menzgold UK does not operate the same business model it does in Ghana which landed them into troubles with various state institutions including the Security and Exchanges Commission.

The report added that, Menzgold rents a small space in the massive Berkeley Square House block in Mayfair which houses about a thousand or more businesses, mostly seeking short term leases.

In a Video shared on Facebook, the JoyNews editor reported that only two Ghanaian ladies were in the office at the time of his visit with no Menzgold signage nor any activities as it is in Ghana.

While some social media commentators applaud JoyNews for the step taken in providing an in-depth report on the ongoing Menzgold saga, a greater number of social media users have expressed disappointment at the extent JoyNews have taken its Menzgold reportage.

Some are of the view that JoyNews seeks the downfall of the embattled businessman Nana Appiah Mensah.

Many others described it as “a poor work done”.

London Mayfair is noted for its virtual addresses. One can easily obtain a Mayfair address, get a receptionist, and run a business from the UK without even stepping foot in the country. Menzgold changing address from Croydon to Mayfair might have prompted JoyNews to look into the activities of the gold dealer in the UK.

Several comments sighted on Facebook indicate that Menzgold might have opened an office in the UK just to boost the confidence of investors in Ghana.

What do you think about the JoyNews report?