Menzgold bounces back

Embattled gold dealership firm, Menzgold Ghana Limited has said it will launch an online platform known as Menzgold Global Market today.

In a press statement Sunday, the company advised traders on the 'Gold Vault Market' which is an offline gold market, that has been plagued by the antecedents in the last two months migrate onto the global online market at a fee.

This, the Menzgold says “would keep customers’ gold buying and selling business actively in session on the online-market, to forestall any payment impediments in the subsequent months”.

The company through the statement assured customers of their dedication to one cause only, which is not to rest or relent, until they are offered the best of service and satisfaction.

The statement also noted that Menzgold, will begin to pay its clients part of their initial gold collectibles value coming Friday.

Menzgold explained its intent was to pay off the entire amount in 90 days from their previous release.

“As promised, we are glad to indicate that, fifteen percent (15%) off the initial gold collectibles values committed to the buying and selling on the Menzgold 'Gold Vault Market' would start on the 9th November, 2018…”

“These 15% percent termination payments would be made via bank transfers into beneficiaries’ bank accounts following a well-structured 'transactions schedule'," the statement said.

The statement explained that the schedule will take into consideration the date of trade commencement of clients, “whether a trader did receive any extra value payment since the trader’s trade commencement or not, how long the trader has been buying and selling gold collectibles on the Gold Vault Market, the total quantity and value of gold collectibles put up for trade on the Gold Vault Market, and the extra value payments frequency received by each trader since the trader’s gold buying and selling tenure on the Gold Vault Market”.

Ghana | Atinkaoanline.com | Ishmael Atiemo

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