The president of Groupe Nduom, Dr Papa Kwesi Nduom, has denied having any investment in beleaguered gold dealership outfit Menzgold.
Menzgold has been at loggerheads with its customers who are demanding payment of their principal investments after the gold dealership company was instructed by the Securities and Exchange Commission to halt their gold trading operations.
Reacting to reports that its investment has been locked up in Menzgold, Groupe Nduom said it has no investment in the gold firm.
“The attention of Groupe Nduom has been drawn to some social media commentary, attempting to suggest Groupe Nduom has invested part of its funds in Menzgold Ghana Limited.
“We wish to state unequivocally, that neither Groupe Nduom nor its subsidiaries, has made any investment with Menzgold Ghana Ltd,” the head of Corporate Affairs of Groupe Nduom Frank Owusu-Ofori said in a statement
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