Sarkodie’s wife, Tracy Sarkcess, has waded into the BoG-Menzgold brouhaha stating that BoG should focus on the banks and leave Menzgold alone.
This follows the Bank of Ghana’s declaration that it would soon go after Menzgold soon.
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According to reports, the gold trading company is being faulted by the BoG for engaging in banking activities which include deposit-taking activity but the queen of Sarkcess Music, Tracy Sarkcess disagrees with BoG on the statement issued and has schooled Bank of Ghana (BoG) on how the MenzGold operates.
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Tracy Sarkcess in reaction to ace radio and TV personality, Nana Aba Anamoah’s post on Instagram, Tracy educated Bank Of Ghana on how NAM 1’s MenzGold operates, saying, MenzGold doesn’t take deposits, they buy gold with the money they receive and gives back in return on their investments.
tracysarkcess: Menzgold doesn’t take deposit. They buy gold with the money you give them and work with that gold to give you a return on your investment. Which the last time I checked was around 10%. BOG should rather concentrate on the banks that are misappropriating people’s money rather than the ones actually making money for its people. ?
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She went further to explain that the BoG should know the difference between those squandering money and those helping others to make money.
tracysarkcess@naaobieley.ruby exactly! Menzgold doesn’t even touch the money you bring in. It’s only the gold you bring in. The misconception comes from the fact that the offer is just too good to be true which automatically breeds suspicion. Anyway…disclaimer: please, I’m not a Menzgold ambassador.
