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Tag Archives: nam 1

Gunshots heard at NAM1 residence as scores picket for paymen

More than 100 irate customers of the defunct gold dealership firm, Menzgold Ghana Limited have massed up at the Trassaco home of the CEO Nana Appiah Mensah (NAM1). The customers from Accra, Tarkwa and Kumasi have served notice that they will sleep at the premises of the house until they …

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Confusion over Menzgold cash

There appears to be confusion over disbursement of funds by Menzgold Ghana to its customers. While management of the embattled gold collectables firm says nearly 200 customers of the company have been paid their funds which were locked up for months, some customers have vehemently denied receiving such monies. The …

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We can’t help you pay your clients – Kwame Akuffo & Co Unlimited to NAM1

Kwame Akuffo & Co Unlimited, the law firm representing Menzgold, has distanced themselves from the payment plan announced by the embaattled gold firm on Wednesday, 18 December 2019. Menzgold in a statement said payment will be done through their lawyer since they do have access to their office. “Claims shall …

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Menzgold to announce payment schedule Dec. 18

Menzgold has said it will announce a payment schedule and formula for its customers on December 18. It comes after the company asked customers whose funds have been locked up to visits centres across the country to validate their documents. The latest notification is silent on when payment, which is …

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NAM1 reacts to Zylofon TV catching fire

Nana Appiah Mensah, the beleaguered Chief Executive of MenzGold, has reacted to a fire outbreak that rakes through one of his companies, Zylofon TV, a subsidiary of Zylofon Media. NAM 1, as he is popularly called, tweeted shortly after seeing the fire incidence, saying ‘What shall separate us from the …

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NAM 1: Court rejects prosecution’s long adjournment request

The prosecution in the case in which embattled Chief Executive Officer of Menzgold Ghana Limited Nana Appiah Mensah (NAM1) is standing trial has demanded a long adjournment following “recent discoveries.” The state was expected to substitute the old charges with a new one where 48 new charges are expected to …

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Good news for Menzgold clients as NAM1 reveals when monies would be paid

The embattled CEO of Menzgold Company Limited, Nana Appiah Mensah, has revealed that the company is getting ready to pay customers soon. According to him, Menzgold is “preparing actively” to settle all customers. In the post sighted by YEN.com.gh, NAM1 warned some people he described as “Demagogues” not to muddy …

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Charges Against NAM1 Increased To 61

The State has amended the charges brought against Chief Executive Officer of Menzgold, Nana Appiah Mensah aka NAM 1 in the criminal trial he is facing. Mr. Appiah Mensah who has been accused of defrauding about 16,000 people of GH¢1.68 billion in the name of investing their monies has had …

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NAM1’s $39m locked up in Dubai claim unconvincing – Lawyer

Lawyer for some aggrieved customers of Menzgold Ghana Limited, Amanda Clinton does not believe a claim by the company’s Chief Executive Officer, Nana Appiah Mensah that he will be able to pay off customers if he retrieves his supposed $39 million locked up in a Dubai firm, Royal Horizon. She …

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Menzgold is on the path to greatness – NAM1

Chief Executive Officer of the embattled gold collectible firm, Menzgold Ghana Limited, Nana Appiah Mensah aka NAM1, has indicated that despite the legal challenges that have bedevilled Menzgold, the company is on the path to greatness and global prominence. He made this statement while addressing the media in Accra on …

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