SEC causing panic in Menzgold customers – Franklin Cudjoe - News Summed Up

SEC causing panic in Menzgold customers – Franklin Cudjoe


General News of Saturday, 13 October 2018Source: citinewsroom.comSEC causing panic in Menzgold customers – Franklin CudjoeIMANI President, Franklin CudjoePresident of Policy Think Tank, IMANI Africa, Franklin Cudjoe has blamed Securities and Exchange Communication (SEC) poor communication for the unnecessary panic among customers of Menzgold. He also stated if SEC had done its job properly customers of financial institutions would not found themselves in an economic crisis and panic. Menzgold Ghana Limited was asked to suspend its gold trading operations with the public by the Securities and Exchange Commission (SEC), last month. The Economic and Organised Crime Office (EOCO) subsequently invited the Chief Executive Officer Menzgold Ghana Company Limited, Nana Appiah Mensah for questioning. CEO retreats; apologizes for mocking BoGMeanwhile, the Chief Executive Officer of Menzgold Ghana Company Limited, Nana Appiah Mensah, has apologized to the Bank of Ghana (BoG) for mocking its warning to the company over perceived unlawful operations.


Source: GhanaWeb October 13, 2018 16:52 UTC



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