ADVERTISEMENT

I haven't invested in Menzgold - Dr. Nduom

Chairman of Groupe Nduom, Dr. Papa Kwesi Nduom, has denied reports that he has investments in troubled gold trading firm, Menzgold.

Founder of the Progressive People’s Party (PPP) Dr. Papa Kwesi Nduom

He claims neither GN Bank nor any of his subsidiary companies have invested in the online gold trading platform.

In a statement released by Groupe Nduom’s Corporate Affairs Manager, Mr Frank Owusu-Ofori, said: “The attention of Groupe Nduom has been drawn to some social media commentary, attempting to suggest Groupe Nduom has invested part of its funds in Menzgold Ghana Limited."

“We wish to state unequivocally that neither Groupe Nduom nor its subsidiaries has made any investment with Menzgold Ghana Ltd,” it said.

ADVERTISEMENT

Yesterday, some aggrieved customers of the company in Kumasi demonstrated against the inability of Menzold to pay them their principal.

JOIN OUR PULSE COMMUNITY!

Unblock notifications in browser settings.
ADVERTISEMENT

Eyewitness? Submit your stories now via social or:

Email: eyewitness@pulse.com.gh

ADVERTISEMENT