Mezgold claims Over 60% of customers submitted for validation contained a number of flaws, according to Nana Appiah Mensah, chief executive officer of the now-defunct gold trading firm.
On July 30, Menzgold urged its customers to provide supporting documentation for verification in order to speed up payments.
The business listed a variety of purported flaws, including fictitious (fraudulent) supporting documents, forged signatures from authorised signatories, and abnormalities or inconsistencies in the records on the face of the documents.
60% of customers ineligible for payment after validation process – Menzgold
However, Menzgold urged clients who are over 60% of the population but “believe they have honest, genuine, and eligible claims to proceed to verify their gold trading transaction status, thus ascertaining as to the validity, invalidity, or otherwise of the purported transactions and hence the eligibility or ineligibility of any claim whatsoever.”
The statement from NAM 1 continued, “We implore confident Customers to obtain a “Menzgold Traders Transactions Status Verification Access Card” from Payboy Company Limited and/or any of its underlisted agents for a Personal Identification Number (PIN), to be used to digitally verify one's transaction claim eligibility or otherwise.
On October 20, 2023, payment to completely validated consumers is anticipated to start.
Check the statement below
