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#NAMSPEAKS: Nana Appiah Mensah Promises To Pay Menzgold Customers As Soon As He Gets Back His Frozen Assets

Nana Mensah Appiah
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Today, Nana Appiah Mensah, the CEO of the embattled gold dealership firm, Menzgold addressed the media to brief the public about Menzgold and its related issues.

While talking about when the customers are to expect their money, Nana Appiah Mensah expressed his readiness to pay all the Menzgold depositors their money.

“Unfortunately till the accounts are unfrozen, customers cannot be paid. I plead with all customers to be a little bit patient”, Nana Appiah Mensah said at the press conference.

See Also: EOCO Freezes Properties Belonging To Menzgold Ghana, Zylofon Media And 7 Other Associated Companies

He told all his creditors that he will pay them immediately the government unfreezes his account and the $39 million owed Menzgold by the Dubai-based company, Horizon Royal Diamonds DMCC is paid.

See Also: A Spokesperson Claims NAM1 Has Finally Won His Case In Dubai

Nana Appiah Mensah is facing 13 counts of defrauding by false pretences, money laundering, abetment and carrying on deposit-taking business without licence contrary to Section 6 (1) of the Banks and Specialised Deposit-taking Institutions Act, 2016 (Act 930).

See Also: Motivational Speaker: Nana Appiah Mensah Sends A Word Of Caution To Entrepreneurs; Advising Them To Prepare For Setbacks

Nana Appiah Mensah is facing 13 counts of defrauding by false pretences, money laundering, abetment and carrying on deposit-taking business without licence contrary to Section 6 (1) of the Banks and Specialised Deposit-taking Institutions Act, 2016 (Act 930).

He has been accused of defrauding his customers to the tune of about GHC1.68 billion.

According to the charge sheet, the money was from 16,000 people who invested a total of GHC1,680,920,000 in the company.

The charge sheet indicated that Mr Appiah Mensah’s two companies; Brew Marketing Consult and Menzgold Ghana Limited have also been charged with defrauding by false pretence.

Mr Appiah Mensah’s sister and his wife; Benedicta Appiah and Rose Tetteh, have also been charged with two counts of abetment to defraud by false pretence and two counts of abetment to carry out banking business without a licence, contrary to Section 6 (1) of Act 930.

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