NAM 1 Archives - Wontumi Online

05 Sep

Biggest Gift I’ve Received Came From NAM 1 – Joyce Blessing

wontumionlineShowbizJoyce Blessing, NAM 1

Gospel singer Joyce Blessing has shared a heartwarming story about the biggest gift she has ever received in her career, and it came from none other than Nana Appiah Mensah, popularly known as NAM 1. In an interview on Accra FM, the gospel artist recounted how she first crossed paths with The Zylofon Media boss during a program for a bank. Despite facing challenges with equipment that day, Joyce Blessing took it upon herself to make the event a success, a move that caught NAM 1’s attention. Impressed by her dedication and talent, NAM 1 decided to show his appreciation…

17 Apr

Menzgold Customers Petition AG Over NAM 1 Properties

wontumionlineNewsAggrieved Menzgold customers, NAM 1

The Coalition of Aggrieved Customers of Menzgold has submitted a petition to the Office of the Attorney General and Ministry of Justice to investigate the reported sale of frozen properties of Nana Appiah Mensah aka NAM1, the Chief Executive Officer of the defunct company. The petition, filed yesterday, raises questions about the alleged sale of properties formerly owned by NAM1 which were confiscated by law enforcement agencies, including the Economic and Organised Crime Office (EOCO). The coalition is calling for investigation into how NAM1 allegedly managed to sell off the listed properties despite a court order freezing the disposition of…

11 Mar

Menzgold: ’NAM1 Induced Public With Celebrities’ – Investigator

wontumionlineNewsMenzgold, NAM 1

The investigator in the trial of Nana Appiah Mensah alias NAM1, the CEO of defunct Menzgold Ghana Limited, has told a High Court in Accra that the accused used celebrities to induce members of the public to invest in his companies which were engaged in illegalities. According to Deputy Superintendent of Police (DSP) Charles Nyarko, their investigations revealed that neither NAM1 nor his companies – Menzgold and Brew Marketing Consult were licensed by the Minerals Commission to sell gold or gold products to the general public, indicating that “the accused persons were involved in illegalities from the start. He also…

17 Jan

NAM1, Companies Failed To Honour Dividends — Witness

wontumionlineNewsMenzgold, NAM 1

The second prosecution witness in the trial of Nana Appiah Mensah, aka NAM1, has told the Accra High Court that NAM1’s two companies failed to pay him the dividends due him after he had invested over GH¢1 million with the companies. Appearing before the court presided over by Justice Ernest Owusu-Dapaah, a Justice of the Court of Appeal sitting as an additional High Court judge, Edward Otu Larbi, was led by the Director of Public Prosecutions (DPP), Yvonne Atakora Obuobisa, to give his evidence in chief. The witness, a sales manager, who was under the cross-examination of counsel for the…

25 Oct

NAM1 Reacts To Decision Of Police To Deposit GH₵2.‎5m At BoG

wontumionlineShowbizBoG, NAM 1

Embattled Chief Executive Officer (CEO) of Menzgold Ghana Limited, has stated that he will go back to the Ghana Police Service and take his 2.5 million Ghana cedis sent to them for distribution. According to him, the police acted wrongly in sending the money to the Bank of Ghana. Speaking on Accra-based Star FM, NAM 1 said if the police cannot assist in the distribution of the money, he will make his own security arrangements and have the money distributed to customers. “The intent was not to give money to the police to distribute. We went to the police because…

20 Sep

BoG Advised Me To Streamline Menzgold Operations – NAM 1 To Court

wontumionlineNewscourt, Menzgold, NAM 1

Founder of Menzgold, Nana Appiah Mensah aka NAM 1, who is standing trial for allegedly using the company to defraud over 16,000 people of GH¢1.6 billion, has denied circumventing the laws of Ghana in order to operate an illegal gold deposit-taking business. Counsel for NAM 1, Kwame Akuffo, told the High Court on Tuesday, September 19, that his client did not circumvent the Banking and Specialised Deposit-Taking Institutions Act, 2016 (Act ) as alleged by the prosecution to enable him to carry out the operations of Menzgold. Mr Akuffo claimed that it was officials of the Bank of Ghana (BoG)…

19 Sep

NAM 1 Makes His First Appearance In Accra High Court Amidst New Charges

wontumionlineNewsAccra High Court, NAM 1

Nana Appiah Mensah, the former Chief Executive Officer of the now-defunct Menzgold Ghana Limited, made his first appearance at the Accra High Court premises on September 19, 2023. His appearance follows the filing of fresh charges against him by the Attorney General, Godfred Yeboah Dame, on August 30. Accompanied by two individuals and in the company of a police officer, the CEO, widely known as NAM 1, faces a total of 36 counts, myjoyonline.com reports. These charges include abetment, defrauding by false pretences, conducting deposit-taking business without a licence, unlawful deposit-taking, and money laundering, among others. This marks a reduction…

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…

26 Jul

Nam 1 Enjoys Temporal Freedom As Court Adjourns Case Again

wontumionlineNewsNAM 1, Nana Appiah Mensah

An Accra Circuit Court has once again been compelled to adjourn the case of Nana Appiah Mensah, the embattled Chief Executive Officer of Menzgold, popularly known as NAM 1, theghanareport.com reports. Nana Appiah Mensah has been in and out of the court room since July 2019, following his arrest for allegedly defrauding thousands of people with his investment scheme; Menzgold. Despite almost four years passing since his arrest and subsequent court appearances, NAM 1 is yet to be formally charged, and the state is still awaiting the Attorney General's advice on the matter. The accused faces a total of 61…