Government finally mounts search for NAM1 as he runs away Gabby made this announcement in a post on Facebook as sighted by YEN.com.gh. He said he had learnt that Nana Appiah had defied his bail conditions and run away, apparently without the notice of the security officers. Gabby stated that it could not be looked … Read more
Reports have revealed that the total number people who invested with Menzgold was 1.8m – Top politicians mainly from the NDC and NPP are said to be part of the investors – Menzgold customers in Kumasi staged a violent demonstration against the company defying police order TheNewsGh.Com has gathered that the embattled Menzgold Company Limited … Read more
A warrant for the arrest of embattled businessman Nana Appiah Mensah has been issued in Accra after his investment company, Menzgold, failed to refund client’s monies. The Circuit Court, which issued the warrant for the arrest of the CEO of the gold dealership company, said NAM-1, as he is popularly called, is wanted for … Read more
The Ashanti Regional Police Command has nabbed three (3) protesters for demonstrating against beleaguered gold firm, Menzgold in Kumasi. File photo The three were arrested from a large group of protesters that stormed the Amakom branch of the company and burnt tyres. According to the police, some of the angry customers of the gold trading … Read more
The Public Relations Officer (PRO) of Zylofon Music, Arnold Asamoah Baidoo has disclosed that the record label is currently facing challenges. Speaking on Peace FM’s ‘Entertainment Review’ on Saturday, he noted that there has been a lull in the record label’s activities due to financial crisis. In his explanation, Arnold said the challenges are as … Read more
A report by Class News has it that a private legal practitioner, Amanda Clinton, who is serving as Counsel for several aggrieved investors of troubled gold-trading firm Menzgold Ghana Limited, has revealed that as many as 1.8 million Ghanaians invested in the firm during its five-year operations. And within that period, at least $200 million … Read more
A client of Menzgold has petitioned the Presidency and five other key state institutions in a bid to retrieve his locked up cash from the beleaguered gold dealership firm. Roger Knauf also sent the petition to the Attorney General, CID Headquarters, Interpol (Ghana), Economic and Organised Crime Office (EOCO), Financial Intelligence Center, Bank of Ghana, Securities and Exchange … Read more
The woes of the troubled gold-trading firm, Menzgold Company Limited continues to deepen as a Circuit court in Kumasi in the Ashanti Region has ordered that properties of the troubled firm be auctioned. The court ruled that properties of the firm in Amakom, all personal properties in the office of Menzgold ltd in Amakom, all … Read more
Menzgold Ghana Limited is calling on aggrieved customers of the company to back down on their planned nationwide demonstration. The company said although the customers have the right to stage such a protest, it believes that the action is unnecessary as it is honouring its promise of paying monies to the customers. The Head of … Read more
A group calling itself the Coalition Of Aggrieved Customers of MenzGold (CACM) in collaboration with Coalition Of Independent Investors Ghana (CIIG) have petitioned EOCO to arrest management of Menzgold. According to them, the gold dealership company has failed to pay them as promised. They have made claims that barely 10% of customers have been paid their … Read more