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Menzgold sues BoG, SEC; Wants damages & cost awarded

Written by  Sep 27, 2018
Menzgold has sued the Bank of Ghana (BoG) and the Securities and Exchange Commission for ''hurting its business''. 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 company is also seeking an order of perpetual injunction to restrain the defendants, its officers, servants and agents from with business activities or further acts of disobedience and non-compliance with law by publishing any such derogatory notices. Menzgold is also seeking an order from the court directed at the defendants to offer unqualified retraction and apology with same prominence with respect to the notices dated 6th August 2018 and 22nd September 2018. The company is also seeking general damages and cost inclusive of plantiffs legal fees.
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