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60% of customers ineligible for payment after validation process – Menzgold
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The chief executive officer of the defunct gold trading company, Menzgold, Nana Appiah Mensah has announced that over sixty percent of claims submitted for validation were plagued with several defects.
Menzgold on July 30 called on its clients to submit supporting documents for validation to facilitate payments.
The company enumerated a number of defects including irregularities or inconsistencies of the records on the face of the documents, fake (fraudulent) supporting documents, fake authorized signatures, among other alleged defects.
Menzgold in a statement, however, urged clients that fall within the over 60 percent bracket but “believe they have honest, genuine and eligible claims to proceed to verify their gold trading transactions status, thus; ascertain as to the validity, invalidity or otherwise of the purported transactions and hence, an eligibility or ineligibility of any claim whatsoever.”
“We entreat confident Customers to acquire a “Menzgold Traders Transactions Status Verification Access Card”, from Payboy Company Limited and/or any of its underlisted agents for a Personal Identification Number (PIN), to be utilized to digitally verify one’s transaction claim eligibility or otherwise,” NAM 1 added in the statement.
Payment to fully validated customers is expected to commence on October 20, 2023.
Credit: Citinewsroom.com
Below is the full statement
The La Traditional Council says all redevelopment plans by the Social Security and National Insurance Trust (SSNIT) for the demolished La Pleasure Beach Resort have been put on hold.
The decision follows a high-level stakeholder meeting involving the La Traditional Council, SSNIT and the National Security.
Speaking after the meeting, La Shikitele Nii Adjei Koofeh IV said the Council was unhappy with the manner in which the demolition exercise was carried out without prior consultation with the traditional authorities.
He explained that the La Traditional Council, as the landowners and primary stakeholders, should have been informed before the exercise.
According to him, National Security officials explained that not every operation or exercise requires prior disclosure, but the Council maintained that it should at least have been alerted because of its interest in the land.
Nii Adjei Koofeh IV criticised SSNIT over claims that it had been engaging the traditional authorities on the redevelopment of the area.
He said SSNIT had published information suggesting that it would continue engaging the Council, which implied that consultations had already begun.
He maintained that this was not the case and said the Council raised the matter during the meeting.
He said SSNIT subsequently apologised, while National Security also apologised for failing to engage the traditional authorities before the demolition exercise.
On the way forward, Nii Adjei Koofeh IV said the redevelopment has been suspended to allow for proper consultations and the observance of due process.
He said a committee will be formed to examine the issues surrounding the demolition and consider SSNIT’s redevelopment plans with the aim of reaching an agreement that satisfies all stakeholders.
The La Traditional Council, he added, wants the interests of the La people to be protected in any future arrangement.
He stressed that whatever belongs to La must remain beneficial to the people of La, while the interests of La indigenes working at the facility must also be safeguarded.
By: Jacob Aggrey
The Tema Regional Police Command has arrested a 32-year-old man for allegedly posing as a soldier and extorting money from unsuspecting members of the public at Ashaiman.
The suspect, identified as Bright Atsu Kudiabor, was arrested by the Ashaiman Police on Wednesday, September 16, 2026, at about 7:00 a.m.
According to the Police, he was arrested at an area known as “I Shall Return”, where he was allegedly parading himself as a soldier and demanding money from people.
The Police said Kudiabor, who is an ex-convict, was initially arrested by personnel of the Ghana National Fire Service in Ashaiman with assistance from other members of the public.
A search conducted on him after he was handed over to the Police reportedly led to the recovery of a set of military camouflage uniform.
The suspect is currently in Police custody and assisting with investigations.
The Tema Regional Police Command said he would be processed for court after investigations are completed.
The Police urged the public to remain vigilant and report anyone who falsely presents themselves as a soldier or a member of another security agency to deceive or extort money from the public.
By: Jacob Aggrey
