Nam1 finally speaks but won’t pay Menzgold customers now

Chief Executive Officer of embattled gold dealership firm Menzgold, Nana Appiah Mensah, popularly known as Nam1 has addressed the press on Monday, 19th August 2019.

The respectable CEO of Menzgold addressed the press today on the future of his customers and how he intends paying them.

According to him, he is unable to give any specific timelines on when his firm would be able to settle customers what is due them.

His reason being that the firm (Menzgold) is unable to access the money right now as their accounts have all been frozen.

He said;


“We can’t access money now, we can’t do without the bank account, so once we engage government and come to a conclusion, we will get to the leadership of the customers and come to a consensus and agree on timelines that will be of mutual benefit, so we will definitely bring a timeline but we need customers to be a little patient,”.

Nam1 also disclosed that he got a supposed amount of $51billion locked up in Dubai, which he needs the help of the government to enable him to acquire the said money.

He, however, stated that he will hold onto his other resources (assets and properties) to meet his customers’ liabilities.

NAM1 further went to say he will work on a realistic payment schedule to pay his customers and once he engages government, they will agree and send the payment timeline signal to his customers.


Source: // Pearl Stoneson

Ghana Writer
the authorGhana Writer