Finance

Court stops Menzgold customers from organising a vigil to honour departed customers

An Accra High Court has stopped a planned commemorative gathering by customers of defunct gold trading firm Menzgold.

The aggrieved customers had planned the convergence on Saturday to mark the passing of some 64 members who they say have suddenly passed away since the company was shut down by the government two years ago.

The Inspector-General of Police James Oppong-Bonuah filed an order to stop the demonstration.

“It is hereby ordered that the respondents, the Coalition of Aggrieved Customers of Menzgold Ghana, Isaac Nyarko and Fred Forson are hereby restrained from the intended demonstration to commemorate two years of collapse of Menzgold Company,” the court order prohibiting the meeting said.

The Securities and Exchange Commission (SEC) ordered the shutdown of the gold-trading firm across the country on Thursday, 12 September 2019.

It also stopped the company from taking on new investments.

Meanwhile, all Menzgold customers who did not earn dividend equivalent to their initial investment will receive their monies back if the NDC wins the 2020 polls, National Youth Organiser of the party has said.

 

Source: Happy 98.9FM

Ogyem Solomon

Solomon Ogyem – Media Entrepreneur | Journalist | Brand Ambassador Solomon Ogyem is a dynamic Ghanaian journalist and media entrepreneur currently based in South Africa. With a solid foundation in journalism, Solomon is a graduate of the OTEC School of Journalism and Communication Studies in Ghana and Oxbridge Academy in South Africa. He began his career as a reporter at OTEC 102.9 MHz in Kumasi, where he honed his skills in news reporting, community storytelling, and radio broadcasting. His passion for storytelling and dedication to the media industry led him to establish Press MltiMedia Company in South Africa—a growing platform committed to authentic African narratives and multimedia journalism. Solomon is the founder and owner of Thepressradio.com, a news portal focused on delivering credible, timely, and engaging stories across Ghana and Africa. He also owns Press Global Tickets, a service-driven venture in the travel and logistics space, providing reliable ticketing services. He previously owned two notable websites—Ghanaweb.mobi and ShowbizAfrica.net—both of which contributed to entertainment and socio-political discussions within Ghana’s digital space. With a diverse background in media, digital journalism, and business, Solomon Ogyem is dedicated to telling impactful African stories, empowering youth through media, and building cross-continental media partnerships.

Related Articles

Back to top button