Menzgold Saga: Customers back Bulldog

Menzgold Saga: Customers back Bulldog

Customers of defunct gold dealership, Menzgold Ghana have expressed disgust at the arrest of entertainment critic and businessman Lawrence Nana Asiamah Hanson popularly known as Bulldog.

In a statement issued by the Coalition of Aggrieved Customers of Menzgold leadership, they are unhappy about how the way the gentleman was picked up by security operatives early this week.

“Whilst, perhaps Bulldog could have expressed his opinion and frustration on the Menzgold matter in a different way, we roundly condemn the Gestapo style in which the entertainment icon was arrested.”

“We are of the opinion his comments borne out of many months of leadership neglect of the Menzgold issue which has resulted in over 80 lives lost should have drawn the compassion of leadership of the country and not an arrest and detention”, parts of the statement read. 

Bulldog on January 9, made comments suggesting threats on the President’s life on UTV Ghana’s programme, United Showbiz.

According to Bulldog, the President will not complete his 4-year mandate if he failed to pay the locked-up funds of Menzgold.

There has been a lot of demonstrations and legal tussle over the repayment of customers funds.

The Securities and Exchange Commission in September 2018, ordered the firm owned by Nana Appiah Mensah to shut down its operations because it had violated the operating permits given to the establishment.

“Accordingly, the SEC hereby directs Menzgold Company Ltd to shut down immediately the business of trading in gold collectibles with guaranteed returns to clients which constitutes, in essence, dealing in securities with neither the necessary license nor disclosures authorized by the SEC. No new contracts should be created and all advertising of the investment business halted with immediate effect.”

Meanwhile Mr. Hanson has since been granted bail at an amount pegged at Ghs70,000 by an Accra Circuit Court.