A Pastor with the Presbyterian Church of Ghana, Reverend Joseph Appiah Odei has dragged gold trading hub Menzgold and the owner Nana Appiah Mensah before court according to a writ of summons sighted by Ghanakasa.com.
Reverend Joseph Appiah Odei who is a client with the company, is among other reliefs demanding his investments and accrued interest.
The company this week said it has reached an agreement with its customers to scrap the payment of dividends to them.
The agreement is said to have been reached at a crunch meeting between Menzgold, customers and stakeholders on October 7, 2018 at Korkdam Hotel.
“During the said meeting held around 3 pm, it was generally agreed that due to the challenges faced by the company and the fact that customers are no longer interested in dividends, it was wise to scrap the dividends,” a statement from Menzgold said.
The meeting, held between the board, management of Menzgold and customers numbering over 100 from all branches nationwide, was said to have been chaired by the Board Chairman of Menzgold Ghana Limited, Nana Yaw Offei, Corporate Manager, as well as Menzgold International Consultant.
But some persons including Reverend Joseph Appiah Odei contend that the development constitutes a breach of contract and therefore demand that they pay up the capital as well as accrued interest.