Tag: NAM 1
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BoG advised me to streamline Menzgold operations – NAM 1
Nana Appiah Mensah, the founder of the defunct Menzgold company, who is on trial for allegedly defrauding over 16,000 people of GH¢1.6 billion, has denied circumventing the laws of Ghana to operate an illegal gold deposit-taking business. His lawyer, Kwame Akuffo, told the High Court on Tuesday, September 19, that Appiah Mensah popularly known as…
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Menzgold CEO NAM 1 granted GH¢500m bail
The CEO of defunct Menzgold Ghana Limited, Nana Appiah Mensah, has been granted bail to the tune of GH¢500 million with four sureties, none to be justified. He has also been directed to deposit his passport at the court registry as part of the bail conditions. This follows his plea of not guilty to 39…
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Aggrieved Menzgold customers reiterate calls for government bailout
The Chairman of the Coalition of Aggrieved Menzgold customers, Isaac Nyarko has reiterated calls for government to help resolve the Menzgold issues and have their monies paid to them. Following an order from the Securities and Exchange Commission (SEC) to suspend aspects of its operations in 2018, Menzgold has since struggled to pay monies belonging…
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Publish names of customers you have paid – Menzgold customers to NAM1
Aggrieved Customers of Menzgold Ghana Limited are demanding a publication of the names of customers supposedly paid by the struggling firm. This follows a claim by the embattled CEO of the company, Nana Appiah Mensah to the effect that, some payments to the tune of GHC 9.6 million have been made to customers. At a…