If the legal battles do not go well and Menzgold ends up collapsing, Ghpage.com has sighted a report on Asembi.com that the Captain of Ghana Blackstars will lose a whopping amount of GH¢1.5 Million investment he has with Menzgold.
In March 2018, Asamoah Gyan revealed that he has a working and business relationship with the CEO of Menzgold, Nana Appiah Mensah. He made the revelation on Twitter.
According to the Asembi.com report, they later found out the “Business relationship” tweeted by Asamoah Gyan aka Baby Jet is actually a huge investment at Menzgold.
A source of the online news portal has now revealed to them that Asamoah Gyan is likely to lose GH¢1.5 Million he invested with Menzgold and was assured of GH¢150,000 returns monthly (GH¢1.8 Million profit after a year).
But per the rules of Menzgold, he can only access his capital and profit after one year of investment.
From what Ghpage.com has gathered from the report, it’s been about 7 months hence Asamoah Gyan will not be entitled to his profits if things do not go as expected by Menzgold.
Again, if unfortunately, Menzgold does not settle its “No license” issues with the Securities and Exchanges Committee and Menzgold is ordered to shut down completely and they are unable to pay back investors, the Blackstars Captain will lose GH¢1.5 Million.
Considering how much the International footballer, Asamoah Gyan is worth, we doubt if losing GH¢1.5 Million will have much impact on his finances.
In the meantime, Menzgold has engaged an internationally renowned law firm from the UK to battle it out with SEC in court.