NAM1 asks gov't to help him fight Dubai company for money to pay investors

NAM1 asks gov't to help him fight Dubai company for money to pay investors

- CEO of Menzgold Nana Appiah Mensah has provided the condition on which he can be able to pay Menzgold customers

- In a statement, the embattled CEO asked government through the Attorney General to help him recoup his money from the Dubai company

- He also asked that his bank accounts that have been frozen be released to enable him pay customers

CEO of Menzgold Ghana Limited and Brew Marketing Consult Limited, Nana Appiah Mensah, has given conditions that will make him pay back locked-up cash.

According to the embattled CEO, the Ghana government should assist him retrieve his cash from a Dubai company which is reportedly owing him.

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In a press conference monitored by, Nana Appiah Mensah expressed willingness to pay back customers based on some conditions.

"I am willing to pay my customers but the government of Ghana and the Attorney General's office need to help me," he said.

"The government through the Attorney General's office should send international lawyers to Dubai so we can retrieve the $39million owed me by Horizon Royal Diamonds," he added.

Popularly called NAM1, the embattled CEO also asked that his accounts be released so he can have access to the money in his account.

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In his third request to government, Nana Appiah Mensah asked government to give directions and guidelines on which government body controls gold deposits.

NAM1 claimed that the releasing of his bank accounts will enable him receive money to pay his customers.

Meanwhile, the CEO denied allegations that his gold dealership firm is a ponzi scheme and a plot to defraud Ghanaians.

Nana Appiah Mensah has been battling numerous court cases since his gold dealership firm was asked to shut down.

The Securities and Exchange Commission named licensing issues as a reason for him to shutdown.

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Source: Yen

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