32.8 C
Ghana
Sunday, November 29, 2020

NAM1 BREAKS SILENCE today

TRENDING

VIDEO: Street Hawker who gave Bawumia ‘RED CARPET TREATMENT’ in Madina finally speaks

[youtube https://www.youtube.com/watch?v=ZHxZ2LT2nXU] For 23-year-old Nana Kwame, rolling a carpet on the road for the convoy of Dr Mahamudu Bawmia came...

TRENDING VIDEO: Street hawker gives Bawumia ‘RED CARPET TREATMENT’ at Madina

A street hawker in Madina Market, Solomon Nana Kwame Kyei did the unthinkable when the Vice President, Dr Mahamudu...

BREAKING: Akufo-Addo will WIN 2020 elections ‘One Touch’ – UG Research

The Political Science Department of the University of Ghana has predicted victory for the President, Nana Akufo-Addo in the...

The Chief Executive Officer of the now-defunct gold-trading firm Menzgold Ghana Limited, Nana Appiah Mensah, popularly known as NAM1 will address the media today, Monday, 19 August 2019.

Mr Mensah was recently granted bail by the court in Ghana following his return to Ghana from Dubai where he had been in custody for about nine months.

NAM1 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.

He arrived in Ghana on 11 July 2019 and was immediately picked up by the Criminal Investigations Department of the Ghana Police Service.

NAM1 has been accused of defrauding his customers of about GHS1.68 billion.

According to the charge sheet, the money was from 16,000 people who invested a total of GHS1,680,920,000 in the company.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

%d bloggers like this: