Menzgold Archives - Page 2 of 3

28 Aug

NAM1 Can’t Be Walking Around And Misbehaving, Arrest Him – A-Plus

wontumionlineShowbizA-Plus, Menzgold, NAM 1

Ghanaian entertainment and political pundit, Kwame A Plus has called for the arrest of former Menzgold CEO, Nana Appiah Mensah, popularly known as Nam1. NAM1 faced backlash from the general public when customers who had their monies locked up with the defunct gold investment scheme were asked to pay an amount of GH¢650 for verification or risk losing their funds. The directive was later scrapped and all those who had paid were assured of a refund. Speaking on the United Showbiz Show on Saturday, August 26, Kwame A Plus questioned why NAM1 was still walking about free when suspected fraudsters in developed countries would have…

23 Aug

‘I Am The Biggest Loser In Menzgold’ – NAM1

wontumionlineBusinessMenzgold, Nana Appiah Mensah

While victims of his alleged Ponzi Scheme continue to demand justice over their lost funds, the Chief Executive Officer of collapsed Menzgold, Nana Appiah Mensah alias Nam 1 has described himself as the biggest loser in all the controversy. Speaking on a Twitter space on Sunday, July 20, 2023, NAM 1 said he has suffered the biggest loss due to the collapse of his company as he longer has any property to his name. “If you want to crown the biggest loser in all of this thing, I am the one, because I lost everything: I lost all my properties and…

21 Aug

List Of Companies Owned By Defunct CEO Of Menzgold

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Nana Appiah Mensah, popularly known as NAM1, has been in the news in recent times over the locked up cash of some customers of the defunct Menzgold Ghana Limited. Customers of the defunct gold dealership firm have in the past, hit the streets of Accra to demonstrate and called on the government to help them retrieve their monies from NAM1 but this has come to no avail. GhanaWeb Business in this article lists some businesses that were owned by the Ghanaian businessman, Nana Appiah Mensah. Menzgold Ghana Company Limited Before its closure, the company was into the buying and selling of gold, diamond and…

21 Aug

Menzgold Abandons GH¢650 Verification Card Sale After Backlash

wontumionlineNewsMenzgold

Menzgold Ghana has announced the cancellation of a paid customer validation process in its efforts to facilitate the processing of payments for its aggrieved customers. In a letter dated August 18, 2023, the company informed its clients that this validation is necessary following the initial assessments, which according to them revealed that a significant number of claims contained unacceptable infractions that rendered them invalid. The said press release was received with outrage by customers still chasing their funds and people who believed that the embattled Chief Executive Officer of the company Nana Appiah Mensah (NAM1) was scheming to fleece his…

11 Aug

Defunct Menzgold Introduces Online Verification Process For Indebted Claims

wontumionlineNewsMenzgold

Defunct gold trading company, Menzgold has said it has taken a significant step toward addressing the pending claims of its clients through a digital verification process. In a statement dated August 9, 2023, Menzgold revealed its intention to bring closure to the longstanding gridlock surrounding the gold trading indebted claims. The statement emphasised the company's commitment to resolving the situation and highlighted key details for clients seeking to ascertain the eligibility of their claims. “With respect to the gold trading indebted claims brought fought and its thorough scrutiny (validations) undertaken, we urge all to take note of the following in our unflinching resolve to…

31 Jul

Arrest NAM1, He’s A Fraudster – Menzgold Customers To Government

wontumionlineBusinessMenzgold, Nana Appiah Mensah

The Coalition of Aggrieved Customers of Menzgold has called on government to arrest the Chief Executive Officer of defunct Menzgold Ghana Limited, Nana Appiah Mensah, popularly known as NAM 1. The group's comment comes after NAM 1 in a latest document said Menzgold Ghana Limited had completed the transaction validation exercise. He added that traders will soon be granted access to digitally check their validated transaction status and receive an individually scheduled binding payment date. Reacting to this statement from the defunct Menzgold CEO, the spokesperson of the group, Fredrick Forson, in an interview with Citi News, said NAM 1 expressed the language of scammers in the document he…

31 Jul

Menzgold To Pay Customers After Completion Of Validation Exercise

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Defunct gold trading company, Menzgold has announced that it has successfully completed the transaction validation process assuring to make payments to its customers soon. This was contained in a statement issued by the management of Menzgold dated July 29. “Following the gold trading transactions claims supporting documents collection and vetting exercise initiated; we are happy to announce that validation has successfully been completed,” Menzgold said in its statement. According to Menzgold, traders will be granted access to digitally check their validated status and payment scheduled date. “In a few days; traders would be granted access to digitally check their validated…

06 Jul

Aggrieved Menzgold Customers Appeals To Speaker To Admit Their Motion

wontumionlineNewsAggrieved Menzgold customers, Menzgold

The Coalition of Aggrieved Customers of Menzgold (CACM) has appealed to the Speaker of Parliament to admit, move, and deliberate the motion filed on their behalf before the next mid-year budget is presented on July 27, 2023. The aggrieved customers are dissatisfied are concerned that the House has not considered the motion two years after they submitted it. This was stated in a press release signed and issued by the Convener and PRO of the CACM, Frederick Forson, on Tuesday in Accra. The Attorney General, according to the release, has been unable to disclose to them how much the state…

16 Apr

I Left Menzgold Because My Family Was Being Attacked – George Quaye

wontumionlineShowbizGeorge Quaye, Menzgold

Ghanaian actor and media personality George Quaye has revealed why he left Menzgold. George Quaye was the Public Relations Officer for the investment bank which is Menzgold. He worked with Menzgold for some time until the company was hit with some crises that led to its closure. Amidst the challenges the bank was facing, George Quaye resigned from his position a few days after his appointment. His resignation brought up rumours that, he couldn’t go through the pressure and tension the bank was facing which is why he left. The actor, as a guest on United Showbiz, disclosed to the…

23 Mar

NAM1 Makes 33rd Appearance In Court Without Trial, Case Adjourned Again To April 25

wontumionlineShowbizMenzgold, NAM1

Chief Executive Officer (CEO) of Menzgold Ghana Limited, Nana Appiah Mensah Embattled Chief Executive Officer (CEO) of Menzgold Ghana Limited, Nana Appiah Mensah, made his 33rd appearance in court on Thursday, March 23, three years and eight months since he was first arraigned on July 12, 2019. Nana Appiah Mensah popularly known as NAM1 was initially charged with some 13 counts but that had since been amended with his plea yet to be taken on the amended charge sheet filed on September 3, 2019, which introduced some 61 new charges. In court on Thursday, March 23, 2023, when NAM1 made his 33rd appearance, the case was again…