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The Securities and Exchange Commission (SEC) would not be able to guarantee the amount of money from the sale of badets of the gold distribution company, Menzgold, said the chief executive of the SEC.
According to Reverend Daniel Ogbarmey Tetteh, the company's badets are under investigation and can not guarantee the amount of their earnings to customers.
"At this point, let me say that the situation is very unfortunate for investors Menzgold, but for the moment, the regulator can give no badurance as to the funds that can be generated from badets," he said. he declares.
According to the Chief Executive Officer of SEC, it is not possible to guarantee customers any amount of money or the full payment of their investments after the sale of the company's badets.
"There is no badurance that the company is not regulated by the Securities and Exchange Commission. We can not do anything. That's why we call on the general public to be vigilant in their investment decisions. "
Reverend Ogbarmey Tetteh met with JoyBusiness after a press conference on the evolution of the securities situation. He said the Commission is taking steps to ensure that industry players comply with its rules.
The Commission therefore calls on the public to disclose information on investment firms operating illegally in their locality because the Commission can not be everywhere.
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