NAM1 addresses the media and Menzgold customers today

The Chief Executive Officer of the now-defunct gold-trading firm Menzgold Ghana Limited, Nana Appiah Mensah, popularly known as NAM1 is expected to address the media today, Monday, 19 August 2019.

In a Twitter post some days ago, Mr. Appiah Mensah told the good people of Ghana that he will address the media today.

He also assured his customers in the post that everything is being put in place to resolve the issues and then resume payment.


NAM1 has been accused of defrauding his customers of about GHS1.68 billion. However, he was recently granted bail by the court in Ghana following his return to Ghana from Dubai where he had been in custody for about nine months.

He is being accused of defrauding his customers of about GHS1.68 billion which according to the charge sheet, the money was from 16,000 people who invested a total of GHS1,680,920,000 in the company.