U turn: John Mahama runs away from promise to pay Menzgold customers


In an interesting turn of events, the presidential candidate of the National Democratic Congress (NDC) John Dramani Mahama says he has never promised to pay customers of Menzgold if his party wins the elections on December 7.

At a rally at Tarkwa in the Western Region, the former President promised to go after the managers and directors of the company in order to retrieve the monies they collected from the customers.

He said he was surprised that in spite of the government being aware that the managers and directors of the Menzgold company had done nothing to retrieve the monies, the police only beat up customers who went on demonstration.

Mr Mahama, prior to mounting the rally platform to make his proclamations, had met with some members and leaders of the defunct Menzgold in Tarkwa where they (customers) discussed their challenges with him.

National Communications Officer of the party also indicated that within the first year of an NDC government, all lockup funds will be paid.

His comment follows a promise made by former President John Mahama to pay customers their monies locked up in collapsed financial institutions.

“I pledge on behalf of the NDC that we shall pay within one year all who have funds locked up with the collapsed financial institutions. Within one year.  I promise!” he said.

However, in an interview on Starr FM’s Breakfast Review show on Tuesday morning, the NDC flag bearer stated emphatically that he has no plans of paying up customers.

“I don’t know the extent of indebtedness in the Menzgold saga and I have not seen any documents so I have not said I will pay the customers should we win the elections”, the ex-President stated.

This will come as a shock to Customers of defunct gold dealership firm who were encouraged  to vote massively for the opposition National Democratic Congress (NDC) if they want their monies back.


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