A senior policeman was literally crying on live radio on Friday, July 26, 2019, over his locked up retirement benefits with troubled gold dealership firm, Menzgold.
62-year-old Chief Superintendent (retired) Sampson Addai Mensah revealed that he ploughed his retirement into the company based on the television and radio advertisements run by various media outlets coupled with imposing structures of the company serving as offices.
According to him, he benefited from the interest within the six months he had lodged his money with the company but had to bite the bullet when all efforts to retrieve the invested capital proved futile.
“My investments was less than six months. No one can complain he/she was never paid interest. The radio stations including your Adom Fm and Peace Fm were running adverts for him with a very big office. He has been operating for like five years so we did not know he had problems with license.”, he observed.
He disagreed with claims that customers did not do due diligence before investing with the company because they had offices were running adverts when the regulators were observing and doing nothing about the situation.
“I disagree with those who say we did not take precautionary measures before due diligence before investing with the company I disagree. He has very magnificent buildings that were labelled and running adverts visible to regulators so why will I not invest because I see it as genuine business. Why will I not invest my retirement there with all these portraying as a genuine business? He quizzed on Accra-based Asempa Fm monitored by MyNewsGh.com.
62-year-old Chief Superintendent (retired) Sampson Addai Mensah revealed that he ploughed his retirement into the company based on the television and radio advertisements run by various media outlets coupled with imposing structures of the company serving as offices.
According to him, he benefited from the interest within the six months he had lodged his money with the company but had to bite the bullet when all efforts to retrieve the invested capital proved futile.
“My investments was less than six months. No one can complain he/she was never paid interest. The radio stations including your Adom Fm and Peace Fm were running adverts for him with a very big office. He has been operating for like five years so we did not know he had problems with license.”, he observed.
He disagreed with claims that customers did not do due diligence before investing with the company because they had offices were running adverts when the regulators were observing and doing nothing about the situation.
“I disagree with those who say we did not take precautionary measures before due diligence before investing with the company I disagree. He has very magnificent buildings that were labelled and running adverts visible to regulators so why will I not invest because I see it as genuine business. Why will I not invest my retirement there with all these portraying as a genuine business? He quizzed on Accra-based Asempa Fm monitored by MyNewsGh.com.