The lawyer for some customers of
Menzgold, Amanda Clinton says she has started filing individual lawsuits for breach of contract against the embattled gold dealership firm .
She said her clients are determined to retrieve the all the monies they invested with
"Our next line of action is we have already started filing in the High Courts for individuals but we are not claiming fraud, we are actually claiming breach of contract because the
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She added: "Every time somebody paid money they signed an agreement. Was very generous towards the investor because they wanted the investor to sign, you know, so it's quite simply a breach of contract and they want their money back basically.
"Once we get
No BoG intervention
Meanwhile, the Second Deputy Governor of BoG, Mrs Elsie Awadzi, has reiterated that the Central Bank will not intervene in the impasse between
“We don’t even have the power to intervene; we didn’t regulate it, there is no way we are going to do anything. We don’t have anything to do with
She said the Bank of Ghana “has been very clear for a long while about the fact this was an unlicensed operation.”