A group of investors who had put their money into the now-defunct Menzgold Company Limited has reached out to former President John Dramani Mahama for assistance in recovering their locked-up funds from the illegal gold dealership and investment firm. Since the closure of Menzgold in 2018, these investors have endured significant hardships, with some facing severe financial difficulties, vision impairment, and mental health challenges.

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Tragically, there have also been reported cases of deaths among their ranks. In a bid to address their dire circumstances, the affected investors are now calling on the former president to lead their efforts in seeking financial assistance from the government. During a meeting held at Mr.

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Mahama's Cantonments office on Friday, September 29, 2023, Fred Forson, the spokesperson for the group, made an emotional plea to the former president, underscoring the urgency of their situation and their desperate need for government intervention. “We believe that when your Excellency adds your voice, it will help.

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“Where we are now, we need a bailout from the state, so we humbly call on you to lead us in calling on the state to give us a bailout plan. Because life is very, very unbearable for us," he expressed. Mr. Forson also underscored the group's unwavering commitment throughout the years to seek justice and retrieve their investments.

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He emphasized that their relentless efforts had resulted in the case being elevated from a lower court to the High Court. President Mahama, on his part, expressed his condolences to the victims and acknowledged the unfortunate nature of the situation, attributing the success of such fraudulent schemes to a lack of robust government regulatory oversight.

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He questioned why the government had not taken control of Menzgold's accounts, confiscated the company's assets, and auctioned them off to provide partial compensation to the affected customers. In response to the customers' plea, President Mahama pledged his support for their cause and promised to raise awareness about their plight. He urged the government to be transparent in its efforts to alleviate the situation.

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With the backing of the former president, the Menzgold customers remain hopeful that they can recover their funds and embark on the journey of rebuilding their lives after enduring substantial losses.

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