Menzgold releases final payment plan for its customers


Embattle gold dealership firm, Menzgold has announced payment plan for its customers.

In a statement sighted by, they made known the payment roadmap.

In the statement signed by the Head of Communications of the firm, Nii Amarh Amartefio, the payment will start from December 2021 to June 2022.

“We note that a great number (about 45%) of claimants/transactions supporting documents are either incomplete, fraudulent,” the statement noted adding that some of the claims had “dates that reflect periods when our Company was not in operations and so on.”

The company also disclosed how some customers transacted through “unethical Menzgold and Brew Marketing Consult staff members and in other instances via referrals, mostly close relations, who took delivery of their funds under the pretext of signing them unto the Menzgold “Gold Vault Market” but ended up engaging in the many cryptocurrency products on sale on the Ghanaian market instead.”

“We are commencing the final phase of the audit; this session would be traders/claimants interviews to fully ascertain facts and satisfy ourselves with regards to questionable adverse discrepancies and irregularities that characterize some transactions claims received for audit and its subsequent payment. Hence, invitations would be extended to some individuals,” the statement added.

Read the full statement below.


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