I wonder why Christians invested in “shoddy” Menzgold business - Ofori-Attah

Finance Minister - Ken Ofori-Atta is certainly not enthused about how greedy some Christians have become; that could invest their money in the Menzgold business which he describes as “shoddy”.

Ken Ofori-Atta says awarding 10 percent of interest to company's customers raises questions about the Menzgold firm since according to him, gold prices go up by 1 or 2 percent in a year.

Appearing on Kokrokoo on Peace FM Friday, the Finance Minster said, people from the Bank of Ghana, Ministry of Finance and the Police among others.

“Our own greed led us to it. If you take a critical look at the international gold prices which go up by 1 or 2 percent a year and somebody says he will give you 10% and it’s also unlicensed; it’s difficult to understand. But it’s not only illiterate people who invested but the elite too, people from the Bank of Ghana, Ministry of Finance and the Police among others. Sometimes, you wonder how all these many Christians in the country would make such decisions to invest their money in this shoddy business”, he stated.

To him, the customers should have known better and with a little hesitation would have saved their monies.

However, all hope is not yet lost as the Finance Minister disclosed that they will ensure Nana Appiah Mensah “grabbed” faces prosecution.

“The last time I checked, he had a certain plane and is off to Italy but we make sure we grab him. So, the National Security is working on it”, he said.