Popular Musician and ex-president of  Musician Union of Ghana ( MUSIGA); Bessa Simons  has disclosed that the union is part of the many victims who have their monies locked up at gold dealership company Menzgold.

He said in an interview on Bozzlz TV that MUSIGA invested GHc70, 000 at Menzgold before the company was ordered by authorities to shut down. He said, as a group that believes in making financial gains from their money, they thought it was prudent to have made that investment to help the union.

“MUSIGA’s decision to invest in Menzgold was taken by the National Executive Committee and then this disaster happened. This has happened to so many organisations. They did it with good intention to earn more money for MUSIGA. So if there is a problem I think we all have to wait and pray and make sure that it is corrected. A lot of organisations and individuals have lost money through this,” he said.

In the meantime, Nana Appiah Mensah, the CEO of Menzgold is on remand for defrauding his customers of about GHc1.68 billion.

//SC//GHANAWEB//