NAM 1

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

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

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…
Read More
Menzgold Customers Petition AG Over NAM 1 Properties

Menzgold Customers Petition AG Over NAM 1 Properties

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…
Read More
Menzgold: ’NAM1 Induced Public With Celebrities’ – Investigator

Menzgold: ’NAM1 Induced Public With Celebrities’ – Investigator

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…
Read More
NAM1, Companies Failed To Honour Dividends — Witness

NAM1, Companies Failed To Honour Dividends — Witness

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…
Read More
BoG Advised Me To Streamline Menzgold Operations – NAM 1 To Court

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

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)…
Read More
NAM 1 Makes His First Appearance In Accra High Court Amidst New Charges

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

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

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

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…
Read More
NAM1’s Case Adjourned Again To November 4

NAM1’s Case Adjourned Again To November 4

NAM1's Case Adjourned Again To November 4 The Prosecution on Thursday, again asked for further adjournment in the case involving the Chief Executive Officer of Menzgold, Nana Appiah Mensah, also known as “NAM 1”. Assistant Superintendent of Police (ASP) Sylvester Asare told the Accra Circuit Court presided over by Ms Ellen Asamoah that the prosecution was still waiting for advice from the Attorney-General’s Department. Currently, there are about 16,000 complaints in the matter. At the last court sitting, the Judge adjourned the matter at the instance of the prosecution. When the case was called on Tuesday, June 23, 2020, the State…
Read More
NAM 1 Case Adjourned Again

NAM 1 Case Adjourned Again

NAM 1 Case Adjourned Again The Circuit Court in Accra presided over by Her Honour Ellen Asamoah has adjourned the case in which Chief Executive officer (CEO) of Menzgold Nana Appiah Mensah (NAM1) has been adjourned to October 1, 2020. The State had previously on June 24, 2020, filed new charges against NAM 1 at the Accra Circuit Court. Assistant Superintendent of Police (ASP) Sylvester Asare then told the Court that his directives were that he should hold on to the new charges and the plea taking of the accused. On July 20, ASP Asare told the court that, they…
Read More