What you need to know before you can withdraw money from Menzgold

Here’s how to withdraw your money from Menzgold as an investor starting from tomorrow

The management of Menzgold held a press conference today, 27th September 2018 to address troubling issues concerning Menzgold in recent times and to assure investors their investments are safe.

The management revealed in order to clarify the ongoing brouhaha with the Securities and Exchange Commission which has ordered them to shut down the gold vault investment service and to stop the abuse of power from the Central Bank of Ghana, Menzgold has sued SEC and Bank of Ghana for unnecessary interference in their operations.

SEE ALSO: Menzgold to resume operations in the shortest possible time – PRO

Menzgold also revealed during the press conference that they will start paying investors from tomorrow. Unfortunately, not every investor will be entitled to his matured 10% interest.

From their press conference; here’s the note to customers

1. You can only withdraw your dividend if it has matured to the date SEC shutdown their gold vault investment services. That is IF your investment matured before 12th September 2018.

2. If your matured date falls within the date after the shutdown order from SEC, sorry, no dividend for you. Don’t go to the branch office because you won’t get it. They explained they couldn’t trade to pay you because of the shutdown order.

3. If you fall within those whose profit matured before the shutdown, you should wait for a text message on the next step to take before you can get your profit. If you are not getting any message, visit the nearest branch for an update.

4. To withdraw  your principal; the press conference failed to make it clear enough. Which is they failed to answer that part clearly. We advise you to visit the nearest branch for more clarification.


SEE ALSO: Menzgold has not submitted the documents we requested – SEC

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Rashad is a seasoned entertainment and lifestyle journalist who holds a Bachelor of Arts certificate in Social And Development Administration. He is also an award-winning publicist and social media enthusiast. For all your adverts, services and any related needs, you can reach Rashad on +233203713877 WhatsApp +233245475186 Email: rashad@ghpage.com Do well to follow him on all his social media handles below and have A-Z news update on all trending issues


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