- Music producer, Da Hammer, has advised the CEO of Menzgold Ghana Limited, Nana Appiah Mensah, to admit he made mistakes
- He however added that he admires Mensah's intent to make money for himself and for Ghanaians
Popular Ghanaian music producer, Edward Nana Poku Osei, has called on the chief executive officer (CEO) of Menzgold Ghana Limited, Nana Appiah Mensah, to admit that he made mistakes.
Reacting to a message Mensah, better known as NAM1, posted on Twitter, a social media platform, he added that he realized the real intentions behind Menzgold.
According to Osei, also known as Da Hammer, he believed that NAM1 wanted to make and share wealth with Ghanaians.
He added that he is convinced that NAM1 needs to admit he made mistakes, which ultimately triggered the feud with regulators.
Da Hammer went on to say that NAM1 has earned his respect, and he hopes he cleanly comes out of the controversy.
Some aggrieved clients of Menzgold had earlier taken to the streets in a bid to demand a refund of their monies.
NAM1 however responded by saying that the demonstrators were merely adding more woes to already unresolved issues, which dent his personality.
He also indicated that Menzgold customers have taken heed to misconceptions and destroying his hard-earned reputation.
Menzgold was asked to shut down its gold vault trading by the Security and Exchange Commission (SEC) in August 2018, after its brushes with SEC and Bank of Ghana (BoG) over the company’s operations.
The state agencies insisted Menzgold does not have the licence to conduct business in the manner it was doing by paying dividend to clients.
Meanwhile, the company has shifted its operations online to replace their initial business of trading gold with customers and paying dividend at their offices.
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