Angry Menzgold customers threaten naked demo


Angry Menzgold customers threaten naked demo


Aggrieved customers of gold trading company, Menzgold Ghana Limited, are threatening a mammoth demonstration to the Jubilee House.

Their threat follows Securities and Exchange Commission’s (SEC) directive that the company halts with immediate effect, its gold trading activities.

In a letter issued September 7, 2018, the Commission said it has found, following investigations into Menzgold activities that the firm, does not have the license to trade in gold collectibles.

The Commission further explained that it has interacted with representatives of Menzgold and has come to the conclusion that the aspect of Menzgold’s business which involved the purchase and deposit of gold collectables and guaranteed returns is a capital market activity under Act 929 without a valid license issued by it.

Read: We’re not out to destroy anyone’s business –SEC

The statement added that subsequent requests have been made by SEC to Menzgold’s lawyers to furnish SEC with specific detailed information on the operations of the firm.

Management of the company appears unperturbed by the directive and has issued a statement assuring its clients that all is well.

Read: We are not regulated by any law – Menzgold

But the angry customers, mostly market women at Kasoa in an interview on Adom News, appealed to President Akufo-Addo to intervene.

The customers who hit the streets Friday morning to register their displeasure have given government up to next week to act or face their wrath. 

“Menzgold is creating jobs and we have traded with them for some time now. We always deposit gold and if you shut the company, how do you expect us to live. We are on the streets today because we are not happy,” an angry market woman said.

“If Akufo Addo refuses to listen to us by next week, we will go to the Jubilee House naked for him to know how serious we are,” they charged.





Source link


Like it? Share with your friends!

17
0
17 shares

What's Your Reaction?

eiii eiii
0
eiii
hate hate
0
hate
confused confused
0
confused
fail fail
0
fail
fun fun
0
fun
geeky geeky
0
geeky
love love
0
love
lol lol
0
lol
win win
0
win

0 Comments

Your email address will not be published. Required fields are marked *

You may also like

More From: Business

DON'T MISS

Choose A Format
Personality quiz
Series of questions that intends to reveal something about the personality
Trivia quiz
Series of questions with right and wrong answers that intends to check knowledge
Poll
Voting to make decisions or determine opinions
Story
Formatted Text with Embeds and Visuals
List
The Classic Internet Listicles
Countdown
The Classic Internet Countdowns
Open List
Submit your own item and vote up for the best submission
Ranked List
Upvote or downvote to decide the best list item
Meme
Upload your own images to make custom memes
Video
Youtube, Vimeo or Vine Embeds
Audio
Soundcloud or Mixcloud Embeds
Image
Photo or GIF
Gif
GIF format