November 29, 2020


Bono Regional Chairman of the New Patriotic Party  (NPP), Kwame Baffoe popularly known as Abronye DC has told customers of the defunct gold trading firm, Menzgold to forget banking their hopes on President Akufo-Addo to pay their lost investments.

According to him, it is unlawful for any government to pay customers of the gold firm because it is an individual company and therefore the state cannot release funds to rescue it not even on the day of elections.

Speaking on Hello FM, the firebrand politician argued that, “For me, if the NPP decides to pay customers of Menzgold, I will cease campaigning for the party”.

Meanwhile, the flagbearer for the National Democratic Congress John Dramani Mahama (NDC) has accused the Akufo-Addo led administration for protecting the Chief Executive Officer (CEO) of the defunct gold trading firm [Menzgold] Nana Appiah Mensah alias NAM 1 at the time he was supposed to pay his customers.

“What is so special about NAM 1 that Akufo-Addo is shielding him? Why do you unleash the police on innocent customers while NAM 1 walks free”, Former President John Mahama quizzed.

However, responding to this comment by the NDC’s flagbearer, Abronye DC also accused Mr. Mahama for not making an attempt to also pay customers of defunct micro finances institutions that collapsed during his government.

Abronye DC reiterated that the ruling party will not pay customers of the collapsed gold trading firm and should leadership decide to do so he will stop campaigning for the party because paying customers of Menzgold is not backed by law.

He therefore alleged that NAM1 sponsored the NDC’s campaign with an amount totaling GHC 5.6 million .during the 2016 general elections.

The Former President has therefore assured the aggrieved customers of Menzgold that his government will assist them to retrieve their locked-up funds.

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