General News of Sunday, 30 September 2018Source: Myjoyonline.comAkufo-Addo governement could suffer political backlash over Menzgold saga - NPP MPMP for Efutu, Alexander Afenyo MarkinAn MP with the governing New Patriotic Party Alexander Kwamina Afenyo-Markin has warned that government could suffer political backlash if people lose their monies in an investment firm believed to be operating illegally. Menzgold has since escalated its fight with the regulator to the law courts after weeks of media banter. The politician and lawyer referred to a similar circumstance in 2015 after several clients of microfinance companies lost their investments estimated in the millions. DKM DiamondThis was after the central bank, Bank of Ghana, withdrew the licence of companies like DKM Microfinance for violating the Banking Act, (Act 2004). DKM Bolga demoIn the political fallout that followed, the NPP snatched seven seats from the NDC in the Brong Ahafo region.
Source: GhanaWeb September 30, 2018 14:15 UTC