Barely twenty-four (24) hours after Members of the Coalition of Aggrieved Customers of Menzgold on Tuesday, 27 November 2018, hit the streets of Accra to protest against the management of the gold-trading firm,
the Chief Executive Officer, Nana Appiah Mensah has replied the customers.
Aggrieved Customers protested against Menzgold management in demand for the payment of their full principal investments locked-up with the company.
The displeased Menzgold Boss who believes that the Coalition of Aggrieved Customers are adding more woes to the already unsolved issues which dent his personality responded to the demonstration by the customers.
In his tweet, Nana Appiah Mensah indicated that Menzgold customers have taken heed to misconceptions and destroying his hard-earned reputation.
“Instead of us being resolute, you’ve fallen for the misconceptions and further denigration of my name & the brand. We shall do the needful now. God knows we defended our collective cause.#Posterity #Hail! Menzgold Global” NAM1 Tweeted
However, the CEO of The Last Two Music Group, Edward Nana Poku Osei, known in showbiz circles as Da Hammer sent a subtle reply to Nana Appiah Mensah to admit that his mistakes triggered the feud with regulators resulting in his misfortunes.
“I know u genuinely wntd to make & share e wealth wi ur fellow Ghanaians bt u must admit dat u made mistakes dat triggered dis feud wi regulators resulting in ur misfortuns. Regardless u stil earned my respect as One of e greatest minds of our time I hope u able to cme out of dis clean” [sic] Hammer’s reply to NAM 1.
The company was asked to shut down its Gold vault trading by the Security and Exchange Commission (SEC) in August, after its brushes with SEC and BoG over the company’s operations.
The state agencies insist Menzgold does not have the licence to conduct business in the manner it was doing by paying dividend to clients.
Meanwhile, the company has shifted its operations online to replace their initial business of trading gold with customers and paying dividend at their offices.