Menzgold will today announce a payment plan and schedule fo payment for its numerous customers whose investments are held up with the company.
It comes after the company invited the customers to visit their respective outlets to validate their documents in November.
The CEO of the company Nana Appiah Mensah, ahead of today’s planned announcement, asked customer groups to forward their views and opinions about the intended payment schedule to their offices
Background
About GH¢200 million of depositors cash is believed to be held up at the collapsed gold dealership firm Menzgold.
Menzgold folded up last year after the Securities and Exchange Commission (SEC) ordered it to suspend its operation with the public. Several efforts by the customers targeted at the company to get their monies have failed to yield any positive results.
