The Securities and Exchange Commission (SEC) says it has not stopped gold dealership company,
Menzgold Ghana Limited, from paying dividends to its gold vault market customers .
Read also: Why we can't pay dividends -
The statement said: “The gold
But in an interview with Accra-based City FM, the Deputy Director of the SEC, Mr Paul Ababio, said it is not interested in collapsing businesses; rather, “Our primary concern is the risk that this may become a potential liability to us because we also have the public’s interest at heart.”
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“We are supportive of entrepreneurs…a few questions are what kind of promises are you making and do you have the ability to support those promises,” he said.