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Home » Elections 2020: I will make sure NAM 1 vomits the monies he stole from Menzgold customers – John Mahama Pledges
Elections

Elections 2020: I will make sure NAM 1 vomits the monies he stole from Menzgold customers – John Mahama Pledges

Israel Boafo
Last updated: December 1, 2020 1:28 pm
By Israel Boafo
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2 Min Read
John Mahama
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Being too eager for power makes one promise Heaven on Earth which is never possible.

The latest development from the camp of the NDC’s flagbearer, John Mahama is a serious promise to customers of the defunct gold dealership firm (MENZGOLD) owned by Nana Appiah Mensah to help them get their locked-up cash in the lockers of the collapsed comapny.

During an interview with Kwesi Pratt Junior, John Mahama is reported to have said.

With Menzgold, it’s a different kettle of fish from the Savings and Loans company. But the point is they are Ghanaians and it was a lack of our proper oversight that led to the Menzgod problem. Because if it has been lifted in the bad early, the kind of loses people have made would not have been made.

Why I have not made a definite issue on Menzgold because I didn’t not know the quantum of money involved. My understanding is that it’s about $15M to $20M; that’s what I’m hearing. And apart from that, you need to strip off the interest that people are expecting and what their principal was.

So if you get hold of the books, then you will be able to tell what the magnitude of the debt is. But aside from that, I can’t understand why in heaven this government is giving a free pass to those who perpetrated this fraud when you must be going after them, you must be locating their properties, you must be liquidating those properties and see how much you get from there and then as a government that is caring you look to see how you can alleviate the plight of the people and that’s what I told the Menzgold people that we as a government will pursue the retrieval of their money and we will also take steps to alleviate the suffering that they are going through.

Source: Gossips24.com

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By Israel Boafo
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Israel Boafo Obtained MSc in Communication Studies. He has published several books to his name including his latest best selling released in May 2021.
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