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We’ve Not Filed For Bankruptcy – Menzgold   
 
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13-Oct-2018  
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Menzgold has flagged as fake what appears like a cut newspaper article making rounds on social media suggesting that the company has filed for bankruptcy.

The article among others claims Menzgold filed the broke-notice at the High Court in Accra this week.

The development comes as customers of the gold trading firm continue to weary over the payment of their premiums following the order from securities and exchange Commission (SEC) for the company to shut its gold vault.

Although the company has said it will pay customers their full premiums withing 90 days, some customers have expressed disgust over the payment.

Meanwhile, the company has sued SEC over the shut down order.

Menzgold in its writ against the BoG and SEC is demanding among other things: “A declaration that the Plaintiff’s business does not fall within the present legislated scope of the Banks and Specialized Deposit -Taking Institutions Act 2016 (Act 930);


 
 
Source: starr fm
 
 

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