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Menzgold, a well-known name in Ghana’s financial landscape, has officially declared the completion of its first bulk payment batch, totaling GH₵5 million, to its eager customers. This momentous announcement follows a meticulous transactions verification process conducted from August 10, 2023, to September 14, 2023.
The release further highlighted the forthcoming full refund of 82 clients who had initially purchased Menzgold’s verification Digital Access cards prior to the company’s decision to grant them for free. This refund process is set to be accomplished on October 21, 2023.
The GH₵5 million disbursed in the first payment tranche holds significant implications. Half of this amount, GH₵2.5 million, is designated for the full and final settlement of a judgment debt in favor of certain Menzgold clients, as per suit No. CM/RPC/0835/2019, which was presided over by the High Court of Ghana, Commercial Division, Accra. The other GH₵2.5 million is intended for over a hundred individuals who are also Menzgold clients.
The payments range from GH₵1,000 to GH₵2,500,000, ensuring that various customers receive a proportionate settlement. This development brings a ray of hope to Menzgold’s cherished clients, well-wishers, and the general public who have been anxiously awaiting this moment.
In response to this milestone, Menzgold expressed gratitude to all stakeholders and sought continued support and cooperation, acknowledging the importance of prayers and constructive criticism as they work towards achieving a zero percent (0%) Menzgold debt-liability by the end of the next calendar year.
Menzgold’s recent announcement marks a significant step towards resolving the outstanding financial obligations and rebuilding trust with its valued customers.
