According to 1st Vice President of the Musicians Union of Ghana (MUSIGA), Bessa Simons, the union is part of the many customers whose investments are locked at popular gold dealership company, Menzgold.
He revealed in an interview that MUSIGA invested a whopping GHC 70, 000 at Menzgold before the company’s crisis began.
He explained the rationale behind their action to be that as a group that believes in making financial gains from their money, they thought it was prudent to have made that investment to help the union.
“MUSIGA’s decision to invest in Menzgold was taken by the National Executive Committee and then this disaster happened. This has happened to so many organizations. They did it with good intention to earn more money for MUSIGA. So if there is a problem I think we all have to wait and pray and make sure that it is corrected. A lot of organizations and individuals have lost money through this,” he said.
Source: ghgossip.com
