The aggrieved Menzgold customers have called on President John Dramani Mahama to include them in his first budget statement.
The group’s convener, Fred Forson, estimates that approximately GH¢200 million will be needed to compensate over 11,000 members whose funds were locked up with the now-defunct company.
He lamented that all efforts to retrieve their frozen funds had failed, and they are hopeful that the new government will address their concerns.
Speaking on Rainbow Radio 87.5FM’s Frontline, he expressed deep concern over the hardships members have endured due to the company’s collapse.
He emphasized that they will remain resilient and will not allow the matter to go unresolved, stressing the urgent need for their locked-up funds to be released. He revealed that many members have suffered greatly, with 235 reported deaths, including three or four cases of suicide.
Fred Forson further highlighted the devastating impact of the Menzgold crisis, stating that it has rendered people homeless, destroyed marriages, left some with strokes and various medical conditions, and led to severe mental health issues.
“President John Dramani Mahama’s administration is new, and we understand that people have expectations, just as we do. Our request is for the President to allocate GH¢200 million in his maiden budget,” he stated.
“We understand how tight and competitive the budget process is, especially with various interest groups seeking attention. However, our situation is dire and requires urgent action. We are asking for at least GH¢200 million to be set aside.”
“He was our strongest ally when he was in opposition, and now that he is President, we are patiently waiting for him to engage with us. Even if he can only provide half of the GH¢200 million, we are willing to accept it.”
Source: rainbowradioonline.com
