Menzgold not meant to defraud Ghanaian; even I, my wife, my mom are customers -NAM1

Date: Tuesday August 20, 2019, 12:22 am

By: WatchGhana.Com

Nana Appiah Mensah (1st in Suite)

The embattled Chief Executive Officer (CEO) of Menzgold Ghana Limited, Nana Appiah Mensah popularly known as NAM1 has rubbished the ominous impression created by some section of Ghanaians that his gold dealership firm was criminally established to defraud or swindle unsuspecting Ghanaians.  According to him, he and his management did not have any criminal minds to steal from those customers, except that they are beleaguered by the unfortunate circumstance at the moment.

Speaking at a press conference in Accra for the first time after he was granted bail, NAM 1 disclosed that “as we speak now my own mother is a customer, I am also a customer, my wife, my father in-law, my mother in-law, my own sister and all staff of Menzgold are customers so what has happened has affected all of us”.

Mr. Appiah Mensah who deeply regretted the death of about 23 customers since the closure of his company, expressed his sympathy and rendered an unqualified apology to all the bereaved families, and prayed for long life for the remaining family members. The CEO of Menzgold however cried out to the Government of Ghana to offer him the needed support to enable him to settle the huge debt his company owes to some 16,000 customers.

He also pleaded with the government to help his firm to retrieve an amount of 39 million dollar debt owed him by a Dubai company, Royal Horizon, and prayed the government to unfreeze all his accounts in Ghana so that companies that are owing him in and outside the country could pay the money into his accounts for him to settle his customers.

Audio of NAM1

The Economic and Organised Crime Office (EOCO) in Ghana froze the bank accounts and also confiscated some assets of Menzgold and its CEO after the Security and Exchange Commission (SEC) ordered his gold company to suspend their operations due to lack of license to trade in gold collectibles from the public.

He was arrested by the Ghana Police on his return from Dubai and has since been accused of using Menzgold as a tool to defraud more than 16,000 people to the tune of One Billion Six-hundred and Eighty Million Nine Hundred and Twenty Thousand Ghana Cedis (GH¢1,680,920,000).

Nana Appiah Mensah thanked the customers for reposing so much trust in him, also pleaded with them to continue to exercise restraint as he makes arrangement to settle them. He assured them of following or complying with any directives by the Government to make his company operational in the nearest future.


Source: WatchGhana.Com

Author: WatchGhana.Com    Verified


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