The customers of the collapsed MenzGold Ghana Limited have called on President-elect John Dramani Mahama’s incoming administration to offer immediate financial relief.
The plea comes as many investors are still grappling with the aftermath of the company’s collapse, which left them in severe economic distress.
“We have higher expectations and are hopeful that the incoming president will offer us some form of bailout, even as we await the determination or conclusion of the NAM1 court case,” said Fred Forson, the convener of the aggrieved MenzGold customers, speaking to Citi News.
Forson emphasized the urgency of the situation, highlighting that many of the investors have been left in financial turmoil since the company’s sudden fall.
READ ALSO: Judge Issues Strong Warning to Lawyers in NAM1, Menzgold Trial
“The collapse of MenzGold has had a devastating effect on many of us. People’s life savings have been wiped out, and we are now struggling to make ends meet,” Forson explained.
He added that the situation is even more dire for those who invested their pensions, loans, or retirement funds into the scheme, only to see their investments disappear without a trace.
The MenzGold saga has become one of the most talked-about financial debacles in Ghana, with thousands of customers still seeking justice and reimbursement.
The company’s founder, Nana Appiah Mensah (NAM1), has faced multiple legal battles, with his case still ongoing in court. While some customers have held out hope for legal restitution, many are now looking to the new administration for a lifeline.
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