Nobody knows if Menzgold’s issue with the Securities and Exchange Commission will ever end although the company had indicated that they would begin active business with the public after 6 days, which ends on September 19, 2018.
People are worried about their investments, with some trying to make panic withdrawals after SEC issued a statement instructing the company to shut down its gold trading business. Reports show lots of Ghanaians have made heavy investments with the company to enjoy their mouth-watering 7-10% interest a month.
A new story on Asembi.com says, Gyan had invested more than Ghc1.5 million in Menzgold and was picking at least Ghc150,000 every month as his interest on his investment.
With Gyan tweeting sometime in March this year that, he has a working relationship with Nana Appiah Mensah, there’s no doubt that, he has some investments there, just like several doctors, lawyers and other high profile personalities in the country.
A Portion of the story on Asembi.com reads:
Curious about how much the Black Stars captain had invested in Menzgold, our source hinted that Asamoah Gyan invested Ghc1.5 million in the company and was raking in Ghc150,000 every month as interests from his investment but its not being a year yet since he started investing with the company.
With Menzgold ‘battling’ it out with the Securities And Exchange Commission to the extent of even bringing in a top British law firm to Ghana to help them, no one knows for certain how long Menzgold will be shut down although the company had assured the public it would start active business again on 19th September 2018.
Looking at Asamoah Gyan’s net worth, although the sum of his investment with Menzgold looks big, he may not be that worried if he loses a part of it should things go wrong.
Well, for now, we cannot conclude on anything and we would have to wait for the coming days to see how things unfold at the company.