Shatta Wale has finally broken his silence over the scandals his boss, Nana Appiah Mensah has been embroiled in for the past one year with his Menzgold company limited. In a post on his snap this morning, Shatta Wale decided to show his unflinching support for the man who signed him unto his record label, gave him a house and …
Young Ghanaian millionaire and businessman, Ibrahim Dauda popularly known as Ibrah One have stated that he feels bad for Menzgold customers who are hoping to get their money back. According to Ibrah one, the CEO of Menzgold Nana Appiah Mensah popularly known as NAM1 is just buying time and that the Menzgold customers are being lied to. Last week, the …
President Nana Addo Dankwa Akufo-Addo has cautioned Ghanaians to be wary of investment opportunities that offer mouthwatering returns, as such schemes are often than not fraudulent. Speaking to some personnel of the Ghana Armed Forces after donating 50 Ankai Buses to the army in Accra on Friday, 22 February 2019, Nana Akufo-Addo said the government has created the Financial Stability …
Official records show at least 200 million cedis have been locked up in Menzgold, an investment firm now dismissed as a Ponzi scheme. The Finance minister Ken Ofori-Atta revealed this during a durbar with army officers in which the President, Nana Akufo-Addo, was present. The information, which was in response to a question, reveals for the first time the extent …
Reggae and dancehall artiste Stonebwoy has expressed his support for embattled CEO of Zylofon Media and Menzgold Nana Appiah Mensah popularly known in showbiz circles as NAM1. In an interview with Nana Adwoa Sarkodie of Citi TV, the artiste confirmed his contract with Zylofon Music had expired but his support and best wishes still remained with NAM 1 . “Wherever …
This comes on the back of EOCO’s securing a court order to freeze landed properties and companies belonging to Nana Appiah Mensah alias NAM 1 currently in detention at the United Arab Emirates (UAE) MenzGold Ghana which is a Gold dealership company and the mother of other companies which Zylofon Music is a part is currently crawling due to series …
A supposed brother of embattled Menzgold CEO, Nana Appiah Mensah, has accused the Economic and Organize Crime Officer (EOCO) of sealing a $51 million fraud case. According to the man only known as KOD, EOCO is aware of the pending fraud case which led to the arrest of NAM1, who he claims is innocent of the crime, late last year. …
Gospel Musician, Joyce Blessing has issued a barrage of stern warnings to a fan who asked for his investment with MenzGold, the mother company of Zylofon Media. MenzGold Ghana is currently challenged and has since last year closed down and halted its activities while its Chief Executive Officer (CEO), Nana Appiah Mensah has been arrested and police detention in the …
A woman who invested GH¢200,000 into gold dealership firm, Menzgold has revealed that her decade-old marriage has come to a sad end following her inability to retrieve the money and the accrued interest, and she is going blind too without medical help; MyNewsGh.com has filed. According to the woman who was seen weeping on live Television and pleading with …
Multiple award-winning Ghanaian artiste, Okyeame Kwame, who was among the many top celebrities hired by gold-dealership company Menzgold as brand ambassadors, has declined to respond to questions pertaining to matters arising from freeze on customers’ deposits. As one of the men who endorsed the activities of Menzgold across all media platforms – national television, radio, online and on …
