NAM1

The fifth prosecution witness in the trial of Nana Appiah Mensah, aka NAM1, has testified that after investing GH¢760,000 in Menzgold, the accused assaulted her when she demanded her returns. Priscilla Adu-Boateng, a trader and a single mother with four children, alleged that on January 8, 2020, NAM 1 pulled a gun when she went to his house at Trassaco in Accra with other aggrieved customers to demand for their monies. “I am a single mother with four children, and these investments were made in furtherance of their education. “My business is not thriving, and I am in the process…

The government has denied claims by the Chief Executive Officer of defunct Menzgold Ghana Limited, Nana Appiah Mensah, also known as NAM1, that he deposited GH¢5 million at the Ghana Police Service. NAM1 in a statement indicated that an amount of GH¢5 million had been handed over to the Ghana Police Service on October 20 to be distributed to customers of the collapsed firm. He clarified that the money was meant to be paid to customers who successfully went through a verification process conducted by the company, including a GH¢2.5 million judgment debt. But answering questions on the floor of…

Defunct gold dealership firm, Menzgold Limited is set to officially commence client payments today, Friday, October 20th, 2023, per information gathered by DGN Online. After months of uncertainty and concern, the gold-deposit company has pledged to address each and every individual with utmost care, as the critical process begins at the Police Head Office this morning at 9am. The milestone announcement represents a significant stride forward in resolving the enduring issues surrounding Menzgold Limited’s clients, who were left with investments held captive due to unforeseen circumstances. Nana Appiah Mensah, spearheading the initiative to reimburse clients, emphasized the importance of strict adherence…