Gold trading firm Menzgold, says fear an of attack from some of its clients has forced it to shut down.
The firm had scheduled to pay dividends to its clients today, Friday, October 5, 2018, but checks by Joy News reveal all offices of the company have been closed.
Emmanuel Dzivenu was at the East Legon branch at midday and reported that there was no activity at the premises.
“There are notices on the building indicating that they have seized operations until further notice.
Emmanuel said there was a police patrol vehicle with two policemen in it at the time of his visit but no official or worker of the firm was present.
Related: Menzgold sues BoG, SEC for poking noses where it does not belong
Deputy Head of Communications, Nii Armah Amartefio in an interview on Joy FM’s Midday News said the company has not completely shut down.
He said although they had planned to pay customers as stipulated in the payment schedule, news about attacks on some of the company’s staff on Thursday, caused the temporary closure.
“We were in a meeting when we started having information that most of our staff members had been attacked by customers and based on that we decided that doing business today will not be favourable, that is why we decided today and not operated,” he said.
Mr Amartefio, however, said text messages have been sent to the customers, their leadership is being engaged and a new date will be announced.
“ We are having this engagement with them to discuss the way forward in terms of how to pay everybody so if we reach an agreement by close of day today (Friday), we will come out with a communiqué on when we will resume payment.”
He assured customers that “their investments are safe, no one is going to lose their investments.”
Menzgold is in a tussle with the Securities and Exchange Commission and the Bank of Ghana over claims it is operating a business not covered by its operating license.
But Menzgold insists its services do not breach any regulation.
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