A customer of troubled gold dealership firm, Menzgold, has sued the firm for breach of contract and misrepresentation.

  1. The customer said to be a Reverend Minister is demanding the payment of his accrued interest and GHC 24,000 principal investments which he allegedly deposited with Menzgold on April 20, 2018.

Rev. Joseph Appiah Odei in his writ said he deposited 12 pounds of gold estimated at Ghc24,000 for 12 months, and paid a non-refundable commission of Ghc1,200 to Menzgold.

He’s the first aggrived Menzgold customer to take such an action, although several others have demonstrated and only threatened to sue.

Aggrieved customers give Menzgold 4-week ultimatum to pay 50% returns


Meanwhile, a group calling itself ‘Aggrieved Customers of Menzgold, has given the company a four-week ultimatum to pay 50% principal investments of all customers.

The group made this known at a press conference to drum home their demands following the refusal of the company to honor contract obligations of paying them their investment returns.

Rev. Odei in his writ wants his investments recovered with interests.