Menzgold ready to pay customers come December.

Menzgold announced that it will start paying all of its customers with their money from December 20, 2021. Payments, according to management, will last until June 30, 2022.

In a press release, the embattled company said payments would follow a final audit of customer documents claiming that their money been frozen.

“We seek to complete the final stages of our audit effort and will continue to publish the following in full in new print and digital media; a list of all merchants/transactionists paid to date and a list of all eligible final traders/transactions as well as the total debt of Menzgold Ghana Co.Limited.

“Menzgold will continue to pay the advertised final list and total amount from 20 December 2021 to 30 June 2022 in our efforts to permanently close this deeply distressing matter and restore the enviable integrity of our Society,” part of the statement published. on October 7,

The company stated that it has already paid some “deserving” clients.

Meanwhile, the company in its press release stated that an earlier rigorous audit showed some documents they were presented with were either incomplete, fraudulent, or inconsistent.

Again, the company stated that it has also uncovered evidence that points to the fact that, some claimants purporting to have their funds locked up at Menzgold transacted through third parties.

These parties it said include some “unethical” Menzgold and Brew Marketing Consult staff members, adding that other supposed customers engaged via referrals and mostly close relations who took delivery of their funds.

This the company added was “under the pretext of signing them (customers) unto the Menzgold “Gold Vault Market” but ended up engaging in the many cryptocurrency products on sale on the Ghanaian market, with a monthly return on investment (ROI) ranging between 30%-60%.”

This will help the company “satisfy itself with the dubious discrepancies and irregularities that characterize some transaction requests received for audits and subsequent payments.”

“Therefore, the invitation will be extended to multiple persons between 3 October 2021 and 6 December 2021 for interaction in an attempt to justify any discrepancies or deviations”.

Following this exercise, Menzgold added that he will send a petition to the Criminal Investigation Department of the Ghana Police Service to investigate all prohibited persons, including alleged conspirators, alleged clients,


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