Menzgold sues BoG, SEC for poking noses where it does not belong

Menzgold has dragged the Bank of Ghana and the Securities and Exchange Commission to court accusing the two statutory institutions of hurting its business.

The gold dealers in a suit filed, Thursday, a copy of which has been intercepted by Myjoyonline.com is asking the court to slap aggravated damages on the two institutions.

The company insists the notices given by BoG and SEC have been nothing more than an abuse of office by the two institutions and which have caused considerable reputational damage to the company.

The plaintiff wants an order of the court to refrain the two bodies from unnecessarily interfering in its business.

The suit was filed by Kwame Akuffo, lawyer for the plaintiff.

Source: Ghana/otecfmghana.com