Despite the problems facing Menzgold, the company has come out with a statement, portraying their willingness to pay all principal amounts to its clients, and emphasizing that, they can’t pay the dividends as they were obliged to pay.
The Acting Communications Director of the gold-trading firm told TV3’s Ebenezer Agyekum in an interview on Wednesday that the schedule being drafted is expected to have all customers settled.
Nii Armah Amarteifio indicated, however, that only principals will be paid, just as was agreed at a meeting with customers in 2018.
“Immediately we are done, then we will come out with the final payment schedule that will now spell out when we are going to pay our customers”, Nii Armah Amarteifio pointed out.
He further explained that, their inability to pay clients were as a result of challenges they faced.