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Home News

Aggrieved Menzgold customers demand action from Parliament

Philip Akonor by Philip Akonor
July 5, 2023
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The Coalition of Aggrieved Customers of Menzgold (CACM) has urged the Speaker of Parliament to admit, move, and deliberate the motion filed on their behalf before the next mid-year budget is presented on July 27, 2023.

The coalition said that members of Parliament have not been able to bring the issue to the fore and the floor for almost two years after the motion was filed on their behalf.

This was contained in a release signed and issued by the Convener and PRO of the CACM, Frederick Forson in Accra on Tuesday.

The CACM also said that the Attorney General has not been able to disclose to them how much the state earned from the public auctioning of Menzgold assets, even though they wrote to him for disclosures under the Right to Information Act of 2019.

“We also note that EOCO which is the organ of state investigating the matter, publicly said in 2022 they do not know which law Mr Nana Appiah Mensah (aka NAM1), CEO of Menzgold violated and so prosecuting him is difficult. Strangely, the criminal prosecution against NAM1 has seen 35 different adjournments with no hope in sight. The lackadaisical attitude of Ghana’s Attorney General towards prosecuting NAM 1 goes to confirm the assertion by EOCO,” he added.

The CACM said that the collapse of Menzgold has had a devastating impact on their lives, and they are calling on the government to take action to help them.

“We have witnessed economic, emotional and social tortures resulting in deaths of over 206 customers, three people have taken their own lives including a university lecturer, some gone insane, many people are down with stroke, family unions have been dismantled, some customers have gone blind, whilst others dreams have been shattered,” he added.

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