Collapsed financial institutions: Gov’t to refund depositors funds

President Akufo-Addo is upbeat money of depositors of the collapsed banks and other depositors taking institutions will be paid in full soon after a crunch meeting with the Finance Minister and the governor of the Bank of Ghana. So far seven indigenous banks and over 20 micro and saving and loan companies had their license … Read more

Dubai court orders Royal Horison to pay $39m to Nana Appiah Mensah

Menzgold's Nana Appiah Mensah Moves To South Africa

Nana Appiah Mensah, CEO of Menzgold The Dubai high court hearing the case involving Menzgold CEO, Nana Appiah Mensah and his Arabian debtors, Royal Horison, has upheld its earlier ruling ordering the United Arab Emirates-based company to pay up $39 million owed the Ghanaian. The court at its sitting on Tuesday over an appeal filed … Read more

Aggrieved Customers Petition EOCO To Arrest Menzgold Management

Menzgold Customers Petition

A group calling itself the Coalition Of Aggrieved Customers of MenzGold (CACM) in collaboration with Coalition Of Independent Investors Ghana (CIIG) have petitioned EOCO to arrest management of Menzgold. According to them, the gold dealership company has failed to pay them as promised. They have made claims that barely 10% of customers have been paid their … Read more