Collapsed financial institutions: Gov’t to refund depositors funds

President Akufo-Addo is upbeat money of depositors of the collapsed banks and other depositors taking institutions will be paid in full soon after a crunch meeting with the Finance Minister and the governor of the Bank of Ghana. So far seven indigenous banks and over 20 micro and saving and loan companies had their license … Read more

Nam 1 Is A Funny Guy – Adom TV Journalist

Nam 1 Is A Funny Guy - Adom TV Journalist

The host of Badwam on Adom TV, Omanhene Kwabena Asante, has described the owner of MenzGold, Nana Appiah Mensah popularly known as NAM 1, as a funny guy who thinks Ghanaians are like a socket that can be plugged and unplugged any time he wants to use it. READ ALSO: Ms. Celestina Baffowaa Crowned Miss … Read more

Nam1 Speaks For First Time After His Arrest In Dubai

Nam1 Speaks For First Time After His Arrest In Dubai

Earlier today, we heard the news that the CEO of Menzgold, Nana Appiah Mensah had been set free by a court in Dubai, where he was battling a case of fraud that was brought against him. See Also: A Spokesperson Claims NAM1 Has Finally Won His Case In Dubai Well, now it seems Nana Appiah Mensah … Read more

VIDEO: How Adisadel College reacted to Akufo-Addo’s mention of NAM1 at school’s 109 anniversary

President Nana Addo Dankwa Akufo-Addo attended the 109th anniversary of Adisadel College held in Cape Coast, as a special guest of honour. While delivering his speech, he praised the school for the different breeds of people it produced – from legends to ministers of state and some known for notoriety. “They say it takes all … Read more

NAM1 wins case in Dubai; awarded $900 million to pay Menzgold customers

Menzgold CEO Nana Appiah Mensah, also known as NAM 1, has had a case against him dismissed in an ongoing trial in Dubai where he was accused of fraud. The court, presided over by Judge Sheikh Abusalem Andulai, said NAM1 has no hand in the company’s loss and he delivered his part of the contract … Read more

Top officials took $51m from my son – NAM1’s father vows to expose them in rare interview

Ghana Charges Interpol To Arrest NAM1

A man said to be the father of embattled Menzgold CEO Nana Appiah Mensah aka NAM1 has threatened to expose some influential Ghanaians who benefited from his son’s largesse. According to the man only identified as ‘Chairman’, top officials and well-placed Ghanaians took monies amounting to over $51 million from his son but have turned … Read more

I’ll summon Nogokpo, Antoa to kill beneficiaries of my son’s cash – NAM 1’s father

Persons who benefited from the cash of the embattled Chief Executive Officer of Menzgold Ghana Limited, Nana Appiah Mensah alias NAM 1 have the dreaded Nogokpo shrine in the Volta Region and the Antoa Nyamaa in the Ashanti Region to contend with. Father of NAM 1 on Accra-based Zylofon FM on Tuesday in an interview … Read more

Menzgold Customers Happy As EOCO Secures Court Order For Seizure Of Nam 1’s Assets

Madam Amanda Clinton, lawyer for aggrieved customers of troubled gold dealership firm, Menzgold says her clients welcomed the news that EOCO has secured court order to seize assets of Menzgold. “We very much welcome this decision from EOCO…” she said. The Economic and Organised Crime Office (EOCO), has secured a court order confirming the freezing of … Read more

NAM 1 not returning to Ghana anytime soon -Report

A joint statement by Ghana Police and Economic and Organized Crime Office (EOCO) suggests that the embattled CEO of Menzgold, Nana Appiah Mensah, will not be in Ghana anytime soon. Nana Appiah Mensah Mensah was reportedly arrested in Dubai on December 7th 2018 after Ghana Police had issued a warrant for his arrest. According to … Read more

Update: NAM1 could not raise the $1.4m bail set by Dubai court

TheNewsGH.com has received an update on the arrest of Nana Appiah Mensah, CEO of the embattled gold investment company, Menzgold by Dubai authorities for fraud. According to the report, NAM1 has not been able to fulfill the bail conditions set by a Dubai court hearing the fraud charges against him. NAM1’s bail amount was set … Read more