- The spokesperson for Menzgold Company Limited said the CEO, Nana Appiah Mensah, was working abroad to pay customers
- He rubbished reports that the CEO had absconded
- NAM1 has been declared wanted by INTERPOL following charges of defrauding under false pretenses
The spokesperson for embattled gold dealership firm, Menzgold Company Limited, has said that the CEO, NAM1, had travelled abroad to work in order to repay customers locked up investments with the firm.
He was speaking on reports that the CEO breached his bail conditions and run away with his family leaving workers to face the wrath of angry investors alone.
The spokesperson, Nii Armah Amarteifio, rubbished the reports, explaining that his boss had travelled with the intention of working abroad to repay the customers.
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“He has travelled outside the shores of Ghana and is working to make sure that he gets money to come and pay our customers,” Nii Armah reportedly told Joy News..
“Is the money here (in Ghana)? Can we get the money here” if our CEO has travelled outside to work and get money to pay our customers, may I know what is wrong with that?” he queried.
He said his boss was deeply concerned about the plight of his customers and would not rest until he gives them what is rightfully theirs.
Although he was unable to tell exactly where his boss was, Nii Amarteifio said it will be out of the way to conclude that he absconded.
He added that there is a purpose for which a warrant has been issued for his arrest and “let’s allow the police to work.”
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Earlier, YEN.com.gh reported on the arrest warrant issued by an Accra circuit court on Wednesday, January 9, 2019 to arrest NAM1.
He was charged with defrauding under false pretenses following his inability to refund customers' monies after the company was shut down by BoG and SEC.
NAM1 has also been declared wanted by INTERPOL for money laundering.
He is wanted together with one Rose Tetteh, believed to be his wife, Abigail Mensah, and Benedicta Appiah, said to be his younger sisters who were all directors of the company.
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Customers of the company have been on many protests to demand the payment of their investments
Mr Amarteifio also disclosed that the company is working on a new payment schedule to allow the payment of clients’ funds to them.
“At this point in time, we have no option than to pay our customers. We are coming out with a final payment schedule…we are engaging other stakeholders and other government institutions and when we agree, we can publish the final payment schedule and pay the customers," he said.
He urged customers to be patient and allow them time to work on the new schedule for them to be paid.
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