Concerned Youth of Ghana demonstrates against Menzgold shutdown

Coalition of Concerned Youth of Ghana hits the street to demonstrate against Akufo Addo following directives to Menzgold to shut down operations

The Coalition of Concerned Youth of Ghana has hit the street to demonstrate against the directive from the Securities and Exchanges Committee ordering the Nana Appiah Mensah owned Menzgold to shut down one of its products.

According to the youth who hit the street to demonstrate at Kasoa in the Central Region, Nana Addo Dankwah Akufo Addo, the president of Ghana and the Bank of Ghana are deliberating collapsing local businesses including NAM1’s Menzgold.

SEE ALSO: Afia Schwar tears into Menzgold,blast people standing with Mengold,reveals more secrets [Watch Video]

The youth expressed their disappoint with the BoG, SEC and other financial regulators who are trying to collapsed Menzgold.

SEC in a letter dated 7th September 2018 ordered Menzgold to stop taking deposits from individuals because their license that does not allow them to operate that way.

SEE ALSO: Management breaks silence on the close down of Menzgold

According to the SEC, Menzgold was given the license to buy gold from small-scale miners and export abroad.

They have therefore been ordered to stop taking more deposit until the required legalities are sorted out.

SEE ALSO: If Menzgold goes down it means Akufo-Addo hates the youth – Shatta Wale

SEE SOME PHOTOS FROM THE DEMONSTRATION BELOW.

MORE TO FOLLOW…STAY WITH GHPAGE.COM

SEE ALSO: Afia Schwar tears into Menzgold,blast people standing with Mengold,reveals more secrets [Watch Video]

Get Ghana Latest News in your inbox each morning.

SUBSCRIBE

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.