In a distressing development following the ongoing Menzgold controversy, it has come to light that customers have endured significant hardships since the closure of the company in 2018.
Tragically, 217 individuals have lost their lives, while others have gone blind and have mental health issues.
In light of these distressing circumstances, the leadership of the former Menzgold customers has sought the assistance of former President John Dramani Mahama in their efforts to recover their funds, which remain inaccessible due to the illicit nature of the gold trading and investment enterprise.
During a meeting held at the former President’s office in Cantonments on Friday, Mr. Fred Forson, the group’s leader and spokesperson, passionately appealed to Mr. Mahama, emphasizing the dire nature of their predicament and their urgent need for financial assistance from the government.
“We believe that when Your Excellency adds your voice, it will help. Where we are now, we need a bailout from the state, so we humbly call on you to lead us in calling on the state to give us a bailout plan. Because life is very, very unbearable for us”,
“The state has wasted over four years on this small matter. There was no action. I am sure everybody will attest that it was the resilience of the customers we kept on pressing, pressing and now the Attorney-General has moved the matter from the lower court to the High Court. However, the civil aspect, which is the retrieval of our money, is still pending.”
President Mahama expressed his heartfelt condolences to the victims, deeming the incident as one of the most regrettable occurrences in the nation’s history.
He emphasized that these deceitful schemes often thrive due to inadequate regulatory oversight by the government, thereby holding it accountable for the citizens who have become victims.
Furthermore, President Mahama questioned the delay in the government’s intervention to assume control over the company’s accounts, seize its assets, and subsequently auction them off. He proposed that the proceeds from the auction be utilized to partially reimburse the affected customers’ investments.
