Menzgold Prepares ‘Comprehensive, Final Payment Plan’ To Settle All

Menzgold Ghana Limited has given the clearest indication yet that it is meeting all stakeholders in order to agree on a payment plan to have all customers settled once and for all.

The Acting Communications Director of the gold-trading firm told TV3’s Ebenezer Agyekum in an interview on Wednesday that the schedule being drafted is expected to have all customers settled.

Nii Armah Amarteifio indicated, however, that only principals will be paid, just as was agreed at a meeting with customers in 2018.

“We can’t pay extra values,” he pointed out.

Customers have staged separate demonstrations across the country, demanding payment of their deposits.

Mr Amarteifio revealed that the behind-the-scenes engagement with stakeholders involving the board of the company.

“Immediately we are done, then we will come out with the final payment schedule that will now spell out when we are going to pay our customers,” he noted.

He lamented the company’s inability to follow payment plans issued last year, blaming the situation on the challenges it went through.

Menzgold duly apologized to its customers, he observed.