Customers who engage Menzgold with respect to the company’s gold vault service would have to wait till September 28 according to a release by the company.
A statement from the company said its gold vault market product services will continue to be suspended to enable Menzgold reach a conclusion with SEC.
Head of Communication at Menzgold Ghana Limited, George Quaye, said the latest postponement was due to “an inconclusive meeting with the Securities and Exchange Commission”.
Following the notice from the Securities and Exchange Commission, Management of Menzgold in its bid to bring some finality to the issues once they were facing at the time, decided to place a temporary halt on all extra value payments and any new business related to their gold vault market.
The company said it was halting operations for six days with the hope that all pending issues would have been resolved by then.
“We are certain this halt would not go beyond the 19th day of September 2018. This decision, though very unfavourable to us has been informed by our commitment to the rule of law, absolute respect to state agents, agencies and total submission to the state,” the statement said.
