29.1 C
Saturday, September 26, 2020

Court stops Menzgold customers from converging Saturday

Popular Stories

See what Nengi was caught doing with Laycon in the Jacuzzi hours after Ozo’s eviction |Video

Hours after BBNaija lockdown housemate, Ozo was evicted from the reality show, his love interest Nengi has been spotted having a wonderful...

This Is Heaven On Earth; See Davido’s ₦571.5 Million Mansion In The Banana Island

The Banana Island is the home to many millionaires in Nigeria, and one of the most luxurious mansions in the Banana Island...

Exclusive Interview with Dr Ofori Quaah, the former GNPC CEO who made the first ever seismic map in Ghana.

HYPERCITIGH: Hello Dr. could you please tell us who Dr. Amos Ofori Quaah was before he rose to becoming fourth CEO of...

Take a cup of this juice every morning if you have any of these diseases |

Moringa oleifera is a medicinal plant that has been hailed for its health benefits for thousands of years. It is very nutritious and beneficial...
Christopher Sam
Christopher Sam is a web designer, developer and has advanced knowledge in Search Engine Optimization, Responsive Website Design, Emails Marketing, BULK SMS Messaging, Schema Markup and a certified Google Trainer. He is a creator and editor at Hypercitigh.com, an online digital platform focusing on Credible and Timely news and in Ghana.
- Advertisement -

File photo: Aggrieved Menzgolders demonstrating over their locked funds on Tuesday January 8, 2018 in Kumasi, capital of the Ashanti region

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 of their members who they say have suddenly passed since the company was shut down by government two years ago.

- Advertisement -

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.

- Advertisement -

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.

According to George Opare Addo, the NDC will institute a probe into the Menzgold customers’ claims and pay the credible ones.

- Advertisement -

“First of all, Menzgold customers are Ghanaians and the state must care. The next NDC government will probe the claims and pay those who deserve to be paid. There are customers who did not earn anything on their capital, such people must be paid and there are those who earned enough dividend equivalent to their investment,” he told Bola Ray on Starr Chat.


Source: Ghana/Starrfm.com.gh/103.5FM

Source link

- Advertisement -
- Advertisement -

More articles

Latest article

The Best English Speaking Countries in Africa, 2020

South Africa is the best speaking English country in Africa, the country is closely followed by Kenya (2nd) and Nigeria (3rd), this...

Nana Kwame Bediako Gifts WW2 Veteran Private Hammond A House[Video]

Nana Kwame Bediako, also known as Freedom Jacob Caesar, has donated a fully furnished 2-bedroom apartment to 95-year-old Ghanaian WWII veteran, Private...

Top 10 Hottest And Finest Ghanaian Men With Beards

Everyone knows guys with beautiful beards stay winning and…if you are a beardless guy in a happy relationship, please don’t show this...

The Top 10 Most Powerful Passports In Africa In 2020

The Henley Passport Index is the original ranking of the worlds passports according to the number of destinations their holders can access...

VACANCY: UPSA advertises Public Affairs Director position

The University of Professional Studies, Accra (UPSA) has advertised that it is accepting applications from persons who are goal-oriented and results-driven with...