The Chief Executive Officr of Menzgold has rubbished a statements by Bank of Ghana  that Menzgold is unlicensed and unfit for business

He has described it as a Joke.

The BoG, in a public notice signed by Mrs Caroline Otoo, Secretary to Governor Dr Ernest Addison, said in spite of several of cautions to Menzgold Ghana Company Limited to desist from the act, it persists in its deposit-taking activity in breach of section 6(1) of the Banks and Specialised Deposit-Taking Institutions Act, 2016 (Act 930).

The Central Bank has cautioned the general public that anyone who transacts “any of the above-mentioned businesses with Menzgold Ghana Company Limited does so at his or her own risk,” and the Bank of Ghana will not be liable in the event of loss of investments of deposits.

However, In a social media post, Nana Appiah has responded to BOG's claim, describing them as propagadist

He wrote;