Samuel Nana Appiah (NAM1), the controversial owner of Menzgold, is reportedly owed GH2,000,000.00 to the Dansoman Branch of the SDA Church, according to Isaac Nyarko, the Chairman of the Aggrieved Customers of Menzgold.
At a meeting in Dansoman, the SDA Church allegedly told the executives of the disgruntled clients and requested assistance in locating the frozen monies.
On Adom FM’s Burning Issues, presented by Akua Boakyewaa Yiadom, Mr. Nyarko made these assertions.
He continued by saying that over ten pastors had also spoken with the leadership about their frozen monies.
Mr. Nyarko alleged that, there are a lot of prominent people who have their monies locked up with Menzgold but are afraid to come out to avoid being subject to public ridicule.
“Our database shows noble individuals who have their monies locked up with Menzgold Company but are afraid to talk due to fear of victimisation,” he said.
The delivery of GH 5 million to the Criminal Investigation Department (CID) of the Ghana Police Service to assist customer payments was announced by NAM1 in a statement on Friday, October 20, 2023.
The chairman, however, asserted that just GH 2.5 million had been issued and claimed he was playing a joke on the consumers.
According to him, it would be acceptable if the government appointed a receiver to arrange payments between clients and Menzgold right away.
This will assist eliminate any confusion over the total number of borrowers NAM1 is obligated to, according to Mr. Nyarko.
He is confident that NAM1 decided to refund the consumers because of Ato Essien, the former CEO of the bankrupt Capital Bank, who was sentenced to 15 years in prison.