Business General

‘High profile Menzgold customers silent due to stigma’

Members of a group calling itself Aggrieved Menzgold customers, have revealed that some well-known individuals and institutions in the country who are customers of Menzgold are not speaking up, due to the fear of stigmatization.

In an interview on Citi TV’s Point of View show with Bernard Avle, three bold customers who agreed to share their experiences with the company said they know certain high profile people in society who also have their monies locked up with Menzgold but cannot agitate or speak up for fear of being ridiculed and criticized.

One of the aggrieved customers of Menzgold said in the past, some people including a Member of Parliament once branded Menzgold customers s lazy people who did not want to do any hard work.

Kofi Ankomah, one of the customers of Menzgold said he’s no more able to defend the company due to public reactions.

“I told you earlier that people were not talking because of stigmatization.. I was more like a PRO to Menzgold, I defended them… People were saying you people are lazy people. People cannot sleep but people are just not confident enough to come out. I do not know why you coil into your shell.. people outside the shores of Ghana want an update”.

Another customer, Nii Ayerh added that, “When an MP had comes out to say people who did business with Menzgold were glorified lazy people, you don’t expect all the big men to show up… but we know that people can’t sleep”.

“So you feel there are a lot of respected people who don’t want to come out to say anything because they are afraid,” Host of the show, Bernard Avle asked.

Oh yes, a lot. – all three Menzgold customers on the Point of View, said almost simultaneously.

Kenneth Nimo, also a customer on the show said that there are also various security agencies’ personnel as well as other institutions and welfare schemes who have also invested in Menzgold.

According to him, the payment schedule and interest was very attractive to individuals and such institutions who did not have an immediate use of their monies decided to invest for profit.

“We have security people, a lot of them. Soldiers, police, fire service… The nature of returns was made attractive for people who had money and did not have immediate uses and we had a lot of such people including pensioners who had received monies from their children. We even heard stories from a soldier who invested his peacekeeping monies,” he said.

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