Confusion Hits MUSIGA …Over Locked Up Menzgold Investment

Confusion is looming at the head office of the Musician Union of Ghana (MUSIGA), following reports that the union’s investments are locked up at the gold dealership company, Menzgold.

The First Vice-President of MUSIGA, Bessa Simons, disclosed the alleged locked-up investment a few days ago.

“MUSIGA’s decision to invest GH¢70,000 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 intentions 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,” Bessa Simon said.

But the Greater Accra Regional Chairman, Ras Caleb, quickly disputed the claims that an agreement was reached by national executives before the so-called investment.

In an interview with The New Publisher, Ras said the national executives lied to the public that all the regional executives were aware of the investment.

“I didn’t know anything about it but I heard about this Menzgold issue that some of our national executives say that it was addressed at the national executive council meeting, which I was a party to. It’s not true. We only heard about it after the collapse of Menzgold.

“First, where did we (MUSIGA) get that GH¢70,000 from? Who gave us that money and what is the reason? If it’s me who did this, it would’ve been agreed upon, there will be a document that all the regional executives will counter-sign that we have agreed that this money we’re sending here will be used for this and that purposes,” he said.

The situation at the moment can best be described as volatile, and has not yet hit a crisis stage, but with the ongoing dispute in court over national executive elections, anything can happen in MUSIGA.