My GHc 250,000 investment is locked up at Menzgold” – Mzbel

Belinda Nana Akua Amoah known in showbiz as Mzbel has revealed that she is among those whose moneys are locked up with Menzgold.

She said she has over GHc 250,000 investment locked up with the gold dealership company and does not regret doing so.

She said, as with every business plan, there are risks; you gain or lose – so it is not big deal losing that money in the Menzgold investment.

“Since the Menzgold issue came some people have created the impression that those who invested there are criminals or greedy. Meanwhile, Menzgold did not do its business in the dark. They were all out in the public. I have investments with some banks and there are clauses that state that I could lose my money, in certain situations,” she said in an interview with
She added that she did not see the need to go on demonstration because when she was enjoying the proceeds from the investment, she did not come out to tell anybody. So if the business has now gone bad, she sees no reason to come out public to make noise about it.

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He further stated that the CEO of Menzgold, Nana Appiah Mensah, should not be accused because he couldn’t have done anything in his power to rescue the situation since the government was focused on shutting down the company down.

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According to Mzbel, in her personal meeting with Nana Appiah Mensah, she recounted that she was a very humble man who had no evil intents.

Menzgold was ordered to stop all its operations last year by the Security and Exchanges Commission (SEC) following investigations that they did not have the licence to operate.
In their pursuit to recover their investments, some customers asked powers that be to put in place the necessary measures.

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