Coalition of aggrieved customers of Menzgold appeals to Government to act swiftly

Members of the Coalition of Aggrieved Customers of Menzgold (CACM) have appealed to the government to speed up its investigations into the Menzgold saga.

Mr Samuel Odartey, the Secretary of CACM, said this will help save millions of Ghanaian citizens affected, both in Ghana and abroad, who are experiencing great turmoil and have developed chronic diseases.

He said, others have fled from their homes due to fear of arrest and death threats from their debtors.

He said more than 10 of their members have died, while many more are contemplating suicide due to the loss of their entire life savings, especially the single mothers and the retired senior officers.

Mr Odartey made the appeal on Monday, during a press conference in Accra, to outline their position and demands on the Menzgold saga.

“In view of the crises our members are going through, with their families and distance relations, we demand that the President establishes a Commission of Enquiry in accordance with Article 278 clause (1) of the 1992 Constitution subject to article five (5) of the constitution, ”the President shall by constitutional instrument, appoint a Commission of Enquiry into any matter of public interest,” Mr Odartey stated.

“We CACM members expect the Commission of Enquiry to demand from Menzgold the overall database of its legitimate customers in all the various branches,” he added.

This they believe, will provide government with the actual total investment locked up with Menzgold.

“We also demand that the investigation team for both the security agencies and the Commission of Enquiry should include the representatives of the Customers (preferably CACM Leadership) to ensure transparency in handling the whole Menzgold saga to the end.”

He said CACM is giving the government up to mid-February to consider all their proposals and wishes.

“If government fail to act faster and swiftly on our plights and neglect our call for a Commission of Enquiry, CACM will lead a one million membership demonstration across the country to register our disappointment and zero level of confidence in government with regard to its doubtful investigations and lackadaisical attitude towards retrieving our locked-up investments in Menzgold and the general failure of the entire financial system in the country,” Mr Odarety added.

“We want to inform the government that we are unable to sleep and hence we are also not going to allow them to sleep, so far as our monies remain locked-up with Menzgold and other financial institutions,” he said.

He advised politicians against the politicization of their plight as they can muddy the waters.

“Nevertheless, we welcome any action of theirs that can lead to the retrieval of our investment”.

Source: GNA

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