As fresh as it is in the minds of Menzgold Subscribers and Ghanaians, Securities and Exchange Commission of Ghana is still sleeping and giving more freedom, and opening more doors for similar dubious Ponzi Scheme Companies to operate gleefully. While the blame keeps hitting the vulnerable, greedy and ignorant Ghanaians, the bottom line is that SEC has no excuse to let these companies operate without abiding by the rules and regulations of this country.
Defunct gold trading company, Menzgold says it will commence final phase payment of its customers from today, December 20, through to the end of June 2022. The company also released names of some 181 customers whose payment will be effected. According to the management of the company, the payments will be made to the individuals through bank deposits as per the advice given by the Ghana Police Service.
Lots of Ghanaian investors have suffered bitterly under various investment policies and management in recent times. Menzgold has gained a nationwide notoriety over an alleged scam. Thousands of Ghanaians had investsd millions of Cedis into the Menzgold investment venture, but had those funds locked up after the Bank of Ghana had subjected the entity to a strict proof.
People whose monies are locked up with failed fund management companies are being urged to file complaints with the Economic and Organized Crime Office (EOCO) and the Police Criminal Investigation Department (CID). The Director General of the Securities and Exchanges Commission (SEC), the Reverend Daniel Ogbarmey-Tetteh, said those fund management companies, must not get away with any acts of dishonesty and misappropriation of investors money.
Just a few days back, many aggrieved customers of the now defunct MENZGOLD company came out and had a press conference on the way forward on how to retrieve their locked up funds. One of the worrying things observed was a poster at the event which showed the obituaries of about nine people who per the message on the poster were customers of MENZGOLD that had died from complications related to the shock of the news of the collapse of the business.
This is a good news for Ghanaian who has invested their money in MENZGOLD Ghana company limited. This is what most Ghanaians has been waiting for to received their money from management of MENZGOLD Ghana company. According to a statement from the the management of MENZGOLD Ghana company limited, they have listed some customers that will receive payment from 20th December, 2021.
Hi family and friends, I am glad to see you again. Anyway, merry Christmas and a happy new year. Now let go straight to todays articles. Nana Appiah, popularly known as "Nam One," is the CEO of Menzgold. They issued a report that they were going to pay all their customers from Monday, December 20 until next year June.
Shatta Michy is the ex- girlfriend and baby mama of Shatta Wale. Shatta Michy in her new interview with Nana Romio on Accra 100.5 fm said a lot about her relationship with Nam'1. If Incase you don't know who Nam one is. Nam'1 is the CEO of Menzgold.
NAM 1 And Two Others In Trouble After Court Issues Bench Warrant To Arrest Them For An Alleged Fraud
The CEO of the defunct Menzgold company, Nana Appiah Mensah, a.k.a NAM 1 and some other two people had themselves reported for an alleged fraud case some time ago. This alleged fraud case was reported to the Adentan Circuit Court. The Court summoned these three men to respond to charges levelled against them, but all three failed to appear on two occasions.
Management of Menzgold Ghana, a company founded by Nana Appiah Mensah popularly known as "Nam 1", which was into gold dealership business until it's shut down in September 2018. Nana Appiah Mensah was charge of fraudulent act, resulting to the company's shut down in September 2018 which left thousands of Ghanaians aggrieved due to their investment in the company.
Nana Appiah Mensah, the Chief Executive Officer of the troubled gold dealership company, Menzgold, is once again in the news - has been ordered by the Adenta Circuit to be arrested for failing to appear before the court to answer charges of defrauding some people. The court issued the bench warrant for his arrest, alongside two other persons, at its sitting today.
It's been heard that Menzgold Ghana Company Limited plans to start payment of locked up cash of its customers from December 20, 2021 and that these payments will run till June 30, 2022. It was also revealed in a statement that the company was almost done with an audit that showed some questionable claims from its customers.
Nana Appiah Mensah popularly known as Nam 1 and his Menzgold Company having a press release on 7th October, 2021, has addressed its customers on the payment roadmap on 20th December. The Menzgold was known to be operating in the country effectively but later was shut down on 2018.
The Adentan Circuit Court in Ghana issued a bench warrant today for the arrest of Nana Appiah Mensah, also known as NAM 1 by many Ghanaians. The CEO of the now-defunct Menzgold and two other accomplices were charged with allegedly defrauding people. NAM 1 and the two other people failed to appear in court on two occasions.
Nana Appiah Mensah popularly known as NAM1 was born on 16th May 1984 in Accra, Ghana. NAM1 is a Ghanaian businessman known for Menzgold, a gold dealership and investment firm that promised customers 10 percent monthly returns on their investments. NAM 1 is a profound businessman and tycoon CEO of Zylofon Media Company Limited and MenzGold Ghana Limited.
Menzgold Ghana Company Limited plans to commence paying locked up cash of its customers from December 20th, 2021. These payments will run till June 30, 2022, according to a statement from Menzgold. The statement also said the company was almost done with an audit that revealed some questionable claims from customers.
Some few years ago, several individuals had their funds locked up in banks and other agencies due to the licences of these institutions being revoked by the regulatory authorities. The shutdown of Menzgold really hit customers hard as many had their life savings with the firm. For about three years, aggrieved customers have done all they could to retrieve their funds but their efforts proved futile.
Nana Appiah Mensah to be arrested by Ghana police as ordered by court Nana Appiah Mensah popularly known as NAM1, is a businessman and the founder of Menzgold, gold dealership and investment organization that promised customers a 10 percent monthly returns on their investments. He is also the Chief Executive Officer of Zylofon Media.
Troubled Menzgold Ghana company limited has issued a statement claiming that after careful audits of claims received from their customers, 80% of which have been completed, about 45% of claims were fraudulent. A statement issued by the company and signed by the head of communications, Nii Armah Amartefio said, it was also discovered that the customers supported their claims with incomplete, inconsistent comparatively to dates, figures, the amount received as returns on the gold collectibles.
Menzgold has declared a date to begin paying some oppressed clients The installments will start from December 21, 2021 These installments will run till June 30, 2022. Old Gold vendor organization, Menzgold Company Limited, has at long last illustrated a guide to pay its influenced clients.