Chief Executive Officer of Menzgold Ghana Company Limited, Nana Appiah Mensah has slammed JoyFM's News Editor, Isreal Laryea, after he filed a story about Menzgold activities in the UK
According to a report filed by Isreal Laryea, the UK office of the Ghanaian gold company, Menzgold, shows it does not operate the same business model.
The London office, JoyNews discovered, is a rented space in the massive Berkeley Square House block which houses about a thousand or more businesses, mostly seeking short-term leases.
The report also revealed that Menzgold London office is without the usual highly visible displays the company is known for in Ghana.
However, the report filed by Isreal Laryea seems to have angered Nana Appiah Mensah, CEO of Menzgold, as he took to social media to insult the Journalist, saying, "today I celebrate your stupidity and retarded mindedness."
The September 3, 2018 letter from SEC added that failure by Menzgold to comply with the directive “will lead to the SEC employing other relevant measures under the law to enforce compliance”.
However, in a quick response on September 12, 2018, Menzgold Ghana Company severely criticized and rejected as worthless, a letter issued to them by the SEC directing them to shut down all investment trading in gold.
A statement from the management of Menzgold says the letter from the SEC is “needless, in bad faith” and “distasteful”, as they were cooperating with the commission to arrive at a cordial resolution to matters relating to their operations.