Menzgold drags BoG & SEC to court

By Kweku Antwi Jnr
Menzgold sues BoG & SEC
Menzgold sues BoG & SEC

Ghana's gold dealing company, Menzgold Company Limited, has hauled the Securities and Exchange Commission (SEC) and the Bank of Ghana (BoG) to court over what it deemed as an unfair treatment being meted out to the company.

Menzgold is seeking an order from the court to halt these two state institutions from interfering in its business and operations.

The gold hub company is also asking the court to stop the BoG and the SEC from further publishing what it described as “derogatory notices” against its business.

Two state institutions, BoG and SEC, have been at the throat of Menzgold for some weeks over what the two claim was a breach of operations by the gold hub. 

The suit, filed on September 26, 2018, and intercepted by PrimeNewsGhana on Thursday, is seeking “an order of perpetual injunction to restrain the Bank of Ghana and Securities and Exchange Commission, its officers, servants and agents from interfering with Menzgold’s business activities or further acts of disobedience and non-compliance with law by publishing any derogatory notices”.

 

 

 

 

 

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