By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Starr FMStarr FMStarr FM
  • Home
  • Election Hub
  • General
    GeneralShow More
    New GH¢50 note: Theodosia Okoh’s portrait developed from her photographs, not her sister’s – BoG
    November 14, 2026
    W/R: Prioritise competence, put party unity above personal interests – Afo-Toffey to NDC delegates
    November 14, 2026
    NDC goes to polls today to elect regional executives
    November 14, 2026
    AU Commission Chairperson commends Mahama, pledges support ahead of AU Chairmanship
    November 13, 2026
    2027 Budget: Ghana’s GH¢61bn debt interest bill exceeds allocations to key growth sectors – Oppong Nkrumah
    November 13, 2026
  • Business
    BusinessShow More
    Petrol, diesel prices to drop from Nov. 16 as LPG rises by up to 24.58% – COMAC
    November 14, 2026
    New GH¢50 note: Theodosia Okoh’s portrait developed from her photographs, not her sister’s – BoG
    November 14, 2026
    Oppong Nkrumah accuses Ato Forson of borrowing New Economy ideas from Ofori Atta’s Ghana CARES
    November 13, 2026
    2027 Budget: Ghana’s GH¢61bn debt interest bill exceeds allocations to key growth sectors – Oppong Nkrumah
    November 13, 2026
    Western Regional Minister lauds Heath Goldfields for improved operations, local investment
    November 13, 2026
  • Politics
    PoliticsShow More
    W/R: Prioritise competence, put party unity above personal interests – Afo-Toffey to NDC delegates
    November 14, 2026
    Buem NPP Parliamentary Candidate aspirant donates items worth GH¢35,000 to three institutions
    November 14, 2026
    NDC goes to polls today to elect regional executives
    November 14, 2026
    AU Commission Chairperson commends Mahama, pledges support ahead of AU Chairmanship
    November 13, 2026
    Oppong Nkrumah accuses Ato Forson of borrowing New Economy ideas from Ofori Atta’s Ghana CARES
    November 13, 2026
  • Entertainment
    EntertainmentShow More
    Social Fest: Chef Abby urges content creators to build influence beyond social media numbers
    November 14, 2026
    BlackStar Fashion Week: Stakeholders call for stronger IP protection for Ghana’s cultural products
    November 13, 2026
    Govt unveils $1 billion tourism blueprint to build year-round visitor economy
    November 12, 2026
    Chef Abbys arrives in US ahead of Social Fest Texas
    November 12, 2026
    Africa World Airlines partners Revealed: The New Era 2.0 to promote Ghana, Africa tourism
    November 11, 2026
  • Sports
    SportsShow More
    Elite Academy–Prempeh extend Group A lead as Sogakope Cule top Group B
    November 14, 2026
    Black Stars bounce back with 2-0 victory over Somalia to revive AFCON 2027 hopes
    November 13, 2026
    Kudus and Ayew return as Björkegren names Black Stars squad for Somalia double-header
    November 9, 2026
    Stanbic-Asantehene Invitational Golf Tournament strengthens relationships and excellence through sport
    November 9, 2026
    Only five of 31 second-raffle winners secured U.S. visas
    November 6, 2026
  • Technology
    TechnologyShow More
    Samuel Nartey George elected Chair of AU Communications and ICT Committee
    October 29, 2026
    AVAS 2026: Accra to Drive Africa’s Tokenisation Agenda
    October 28, 2026
    Yellow Card wins Gold in Diamond category at 2026 Money Awards
    October 27, 2026
    Dorcas Affo-Toffey engages Ceris Technologies on port digitalisation, cybersecurity
    October 22, 2026
    BoG Governor urges IMF to boost Africa’s AI and digital capabilities
    October 14, 2026
  • International
    InternationalShow More
    Social Fest: Chef Abby urges content creators to build influence beyond social media numbers
    November 14, 2026
    Ghana must build productive strength to withstand global pressures – Finance Minister
    November 12, 2026
    Chef Abbys arrives in US ahead of Social Fest Texas
    November 12, 2026
    Ghana turns to Ben Crump to seek justice for citizens killed in US at no cost
    November 11, 2026
    Jospong champions African-led climate solutions at COP31
    November 10, 2026
  • Factometer
Search
© 2024 EIB Network Ltd. All Rights Reserved.
Reading: I’ll pay your original investment – Mahama assures Menzgold customers
Share
Notification Show More
Font ResizerAa
Starr FMStarr FM
Font ResizerAa
  • Headlines
  • Election Hub
  • General
  • Politics
  • Sports
  • Business
  • Entertainment
  • Factometer
Search
  • Headlines
  • Election Hub
  • General
  • Politics
  • Sports
  • Business
  • Entertainment
  • Factometer
Have an existing account? Sign In
Follow US
© 2024 EIB Network Ltd. All Rights Reserved.
HeadlinesPolitics

I’ll pay your original investment – Mahama assures Menzgold customers

Starrfm.com.gh
By
Starrfm.com.gh
Published: December 3, 2020
Share
SHARE

The Presidential Candidate of the opposition National Democratic Congress John Mahama says he will pay the original investment of Menzgold customers if he wins the December polls.

According to Mr Mahama, even though he is yet to know the full amount of investments at Menzgold, it is estimated to be around 15 million dollars.

“The little we can do to help Menzgold customers we will in order to alleviate their plight. If for instance someone invested GHC1000 and was expecting some huge interest, if we cannot pay the interest, at least the GHC1000 government should be able to sort that one out. Because they are Ghanaians, it is the duty of the state to protect them.

“We will also investigate the issue and retrieve the monies and properties that we can from the management of the company so government can top up to settle the outstanding issues,” he told Accra-based Power FM in an interview Thursday.

Meanwhile, the Coalition of Aggrieved Customers of Menzgold has called on its members to vote against President Nana Addo Dankwa Akufo-Addo following what the group described as the government’s failure to facilitate the payment of locked up investment of its members.

The group made the call at a press conference in Kumasi on Sunday, November 29, 2020, where it urged its members to vote for former President John Mahama.

According to the Coalition, John Mahama has shown compassion towards its members and has a roadmap on how he will ensure such locked up investments are paid.

The National Vice Chairman of the group, Francis Owusu, at the press conference stated that they believe the current government is complicit in the Menzgold debacle, which they say explains why it has not helped them in retrieving their locked-up cash.

“As customers, we have knocked every door of the state including the President of the Republic of Ghana. From the recent utterance of the Vice President Dr. Mahamadu Bawumia, labelling us as having invested in a 419 unregistered company even though his party was a huge beneficiary of Menzgold funds [we don’t believe this government will pay us our investment]”.

The leadership of the group has thus urged all members to vote for the National Democratic Congress’ presidential candidate, John Dramani Mahama.

 

Source: Starrfm.com.gh/103.5fm

Justice Crabbe was outstanding – Akufo-Addo
Teachers’ strike: FWSC denies CEO’s alleged salary deduction comments, says focus is dialogue
Tension at COCOBOD: Hackman parries takeover claims
Destruction of Bawku Naba Statue regrettable, gov’t to rebuild – Defence Minister
$4.5m was spent on Afcon – Asiamah tells parliament
TAGGED:banksCASHMahamaMenzGoldpremiums
Share This Article
Facebook Email Print
Share
Previous Article EC sets up call centre for Dec. polls
Next Article Justice Gbadegbe cries in Court as he retires today

Starr 103.5FM

Starr FMStarr FM
Follow US
© 2024 EIB Network Ltd. All Rights Reserved.
newsletter icon
Join Us!
Subscribe to our newsletter and never miss our latest in news, podcasts etc..

Zero spam, Unsubscribe at any time.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?