Menzgold customers push for meeting to discuss new payment plan

By on

Customers of Menzgold Ghana Limited are calling on management of the company to convene a meeting for a schedule to be agreed by both parties for the payment of their locked up cash.

Management of the company in September assured of plans to make payments in December this year after a validation exercise scheduled for this month.

Citi News sources close to the company have revealed that internal auditing processes are currently ongoing to pave way for the validation exercise.

But a spokesperson for the customers, Fredrick Forson is calling for a meeting this month to address all the paperwork to ensure that the December timeline for payment is met.

“We are expecting them to have a meeting with us this month where we will discuss the payment plan, the form and structure of the payment plan and when that discussion is done and agreement reached, they can sum up a date for payment. At the moment, what is happening now is validation and auditing of their account. The understanding we got is that the submission of our data is not a condition precedent for payment. They just want to do their own checks,” he said.

Meanwhile, the management of Menzgold has said that it is committed to meeting its payment obligation to its aggrieved customers after several months of its failure to do so due to government instructions and a legal tussle involving the company’s boss in Dubai.

The Head of Communications for the company, Nii Amarh Amartefio has also said that they are considering the option of suing Horizon Royal Diamond, the Dubai company that held the company’s boss in a legal tussle in Dubai to demand for some money due to the reputation damage their action has caused the Menzgold brand.

ABOUT: Nana Kwesi Coomson

[email protected]

An Entrepreneur, Corporate Communications Executive and Philanthropist. Editor-in-Chief of A Senior Journalist with Ghanaian Chronicle Newspaper. An alumnus of Adisadel College where he read General Arts. He holds first degree in Bachelor of Arts from the University of Ghana; Political Science (major) and History (minor). In 2015, he won a £35,000 postgraduate scholarship to study MSc Corporate Social Responsibility (CSR) and Energy with Public Relations (PR) at the Robert Gordon University in the United Kingdom. He is a 2018 Mandela Washington Fellow who studied at Clark Atlanta University in USA on the Business and Entrepreneurship track. His mentors are Rupert Murdoch, Warren Buffet, Sam Jonah, Kwaku Sakyi Addo and Piers Morgan

view all posts by: Nana Kwesi Coomson  

Leave a Reply

Your email address will not be published. Required fields are marked *

ABOUT 233TIMES is a Ghanaian media house which serves as a major source of exclusive interviews ,music and video downloads, news and more. reports on major events,news covering entertainment, politics, sports, etc from within Ghana, Africa and beyond.

We have a platform for the amateur artistes to portray their staggering talents ...more...


facebook twitter youtube google plus linkedIn

To advertise with us or make enquiries, please visit or call +233266121799 (Selorm), +233248185848 (Nana Kwesi)