The Chief Executive Officer of Menzgold Ghana Company Limited, Nana Appiah Mensah, has apologised to the Bank of Ghana (BoG) for mocking its warning to the company over perceived unlawful operations.
Nana Appiah Mensah posted on his Twitter account Tuesday that he sincerely apologises for his reaction to the Central Bank’s warning.
In the post, Nana Appiah Mensah said Menzgold is currently cooperating with the BoG and other state agencies.
“Owing to the fallible nature of man, I sincerely apologise for my initial reaction to the Bank of Ghana press release,” he wrote.
He also added his firm is coordinating with the Central Bank to find a solution to the issues of regulation.
“We’ve engaged & are cooperating with the BoG and other state agencies, to cordially resolve in the interest of our beloved Republic of Ghana. #GhanaShallProsper,” he added.
Earlier this month, the BoG issued a public notice cautioning individuals not to deal with Menzgold because the company was flouting some laws.
In the announcement, the Central Bank noted that under the country’s banking laws, Menzgold was conducting business contrary to some provisions in the Banks and Specialized Deposit-taking institutions Act, 2016 (Act 930).
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Nana Appiah Mensah and the Menzgold management came out to reveal that Bank of Ghana is not their regulators so they don’t see why they keep meddling in their affairs and called their warning a joke.
But Nana Appiah has since apologised for the comment made.