Menzgold CEO, Nana Appiah Mensah has taken to social media once again to remind Ghanaians and its customers that Menzgold is not a financial institution, hence it will not fold up and that the gold trading hub is here to stay.
His comments came after the Deputy Minister of Finance controversially claimed that the company was on the verge of being closed down in the country.
Charles Adu Boahen sparked fear and panic in the country on Thursday during the JoyBusiness Financial Service Forum when he implied that Menzgold will not be operated in Ghana again.
Taking to Twitter to calm things down, NAM1 wrote:
“Menzgold is NOT a financial institution. Menzgold is a vibrant promising African brand, that is here to stay. Menzgold is law abiding. Great is thy faithfulness, O! God. Hail! Menzgold #Floreat! Menzgold #Jehovahknows #JehovahSees #GhanaShallProsper”
Menzgold on September 27, 2018, hauled the Securities and Exchange Commission (SEC) and the Bank of Ghana (BoG) to court over what it deemed as an unfair treatment being meted out to the company.
Menzgold in its suit is seeking an order from the court to halt these two state institutions from interfering in its business and operations.
The gold dealership company is also asking the court to stop the BoG and the SEC from further publishing what it described as “derogatory notices” against its business.
The statement by the Deputy Minister of Finance could be seen to be contempt of court as the matter is still being addressed at the Accra High Court.
Menzgold is NOT a financial institution. Menzgold is a vibrant promising African brand, that is here to stay. Menzgold is law abiding. Great is thy faithfulness, O! God. Hail! Menzgold #Floreat! Menzgold #Jehovahknows #JehovahSees #GhanaShallProsper pic.twitter.com/aHTemphr0n
— Nana Appiah Mensah (@mn_appiah) November 1, 2018