EOCO finally seizes mansions and cars belonging to NAM1

EOCO finally seizes mansions and cars belonging to NAM1

It appears all hope is not lost for individuals whose funds are reportedly locked up with embattled gold collectibles firm, Menzgold Ghana Limited.

This is because the Economic and Organized Crime Office (EOCO) is said to be making headway in tracking properties of the company; including those of its beleaguered Chief Executive Officer (CEO), Nana Appiah Mensah, popularly called NAM1.

According to Daily Guide reports, EOCO, has managed to secure over 40 luxurious cars and a number of mansions belonging to NAM1 which could possibly be sold to settle his indebtedness to his customers.

EOCO finally seizes mansions and cars belonging to NAM1

Nana Appiah Mensah Source: Supplied
Source: Instagram

READ ALSO: I’ll still invest in Menzgold if it bounces back - Lil Win

Sources say EOCO has chosen to take a swift action because it does not want any would-be claimants to start protesting that the properties in question belong to them.

YEN.com.gh earlier reported that EOCO had frozen the bank accounts of NAM1 and is said to be making frantic efforts to trace his other assets.

The accounts, said to be with three different banks, were frozen on January 14, 2019.

EOCO has appealed to the public to volunteer further information that will lead to the discovery of other properties of NAM1.

READ ALSO: Menzgold Saga: Five individuals who would lose properties after EOCO retrieves properties

Meanwhile, actor and musician Kwadwo Nkansah, known in showbiz circles as Lil Win, has said he had not regretted investing in gold trading hub.

Lil Win said he would still invest in the company if it bounces back after all the trouble the company had been through.

He observed that investing in such schemes was risk-taking just like other ventures he had been engaged in and ended up losing several thousands of Ghana cedis.

READ ALSO: Breaking: Police interrogate Ken Agyapong, Kwesi Nyantakyi over Ahmed’s death

Ghana News Today: NAM1 Arrested / GPHA Public Affairs Boss Stabbed to Death | #Yencomgh

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Source: Yen.com.gh

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