Even Jesus Christ suffered criticism – NAM1 on fraud tag

Nana Appiah Mensah

Embattled Chief Executive Officer of Menzgold Ghana Limited Nana Appiah Mensah says he is unfazed by the large-scale condemnation of defrauding thousands of customers.

He said he is focused and has his eyes on the ball “and I am determined to kick the ball”.

Addressing journalists on Monday, August 19, NAM1, as he is popularly called, he said he is a staunch believer and will not be discouraged by such derogatory tags.

“I am a believer and even Jesus Christ had his fair share of ‘persecution’,” he pointed out, “so I seek the approval of God and not that of men”.

To him, if the right regulatory body is shown him, he can file for the relevant certificates and authorisation to return to business.

He, therefore, appealed to government to not only unfreeze his accounts but also give a clear direction as to which state agency has jurisdiction to regulate activities of jewelry trading in Ghana.

“We are lying prostrate. We are on our knees.”

He gave a personal guarantee to all customers that if his accounts and those of his companies are unfrozen, he will come out with a “feasible consensus” to settle all customers.

The crisis at Menzgold began in September, 2018 with an order by the Securities and Exchange Commission (SEC) to have the gold dealership firm shut down.

An InterPol red alert was issued for his arrest after he moved out of the country despite facing charges from the Economic and Organised Crime Office (EOCO).

He told journalists that he went to Dubai to chase a firm for some monies to pay his customers after he ceased operation in Ghana by an order from the Central Bank.

NAM1 said he does not fear supervision and he is willing to sign up with the appropriate government agency in order to return to business to settle his clients.

As for the fraud tag, he is unperturbed about it.


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