Ponzi Scheme: I do not have GH¢400k to waste on Menzgold – Rawlings

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Former President Jerry John Rawlings has dispelled reports that he has some money locked up with gold dealership firm, Menzgold.

In a tweet Sunday afternoon, the former NDC leader said “…I do not have a stash anywhere to waste on questionable ventures…”

He also called out the embattled company to react to the list being shared on social media purporting to be persons who invested with them.

“Shouldn’t Menzgold be reacting to this silly list making the rounds on social media,” he quizzed.

Per the list, Mr. Rawlings invested ¢400,000 in Menzgold.

Rawlings also said he doubts the other personalities on the purported list are actually involved with the “mess”.

 

Jerry John Rawlings@officeofJJR

Shouldn’t Menzgold be reacting to this silly list making the rounds on social media? I do not have a stash anywhere to waste on questionable ventures and doubt others on the list involved themselves in this mess.

Tamale Central MP, Inusah Fuseini said he knew it was a Ponzi scheme when he learned Menzgold was giving a 10 per cent interest.

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