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General News of Monday, 19 August 2019

Source: Daily Guide Network

I’m in pain – NAM1 cries

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Chief Executive Officer of embattled gold collectible firm, Menzgold Ghana Limited, Nana Appiah Mensah also known aa NAM1 says he is living with “excruciating pain”.

He told journalists this morning at a press conference in Accra that he has suffered blood clots in his pelvic area due to his nine-month detention in Dubai and Ghana.

NAM 1 was recently released from police custody after an Accra High Court reviewed his earlier GH¢ 1 billion bail condition.

He was earlier standing trial in Dubai after his arrest there in connection with an alleged fraudulent gold deal.

Menzgold Ghana has been facing legal battle since the Securities and Exchange Commission (SEC) ordered it in September 2018 to halt its ‘illegal’ deposit taking business with the public.

NAM1 is believed to have travelled to the Emirates to retrieve the $39 million accordingly owed him by the Dubai firm to settle Menzgold clients.

Unfortunately, he ended up being arrested and has been standing trial in Dubai.

It is being rumoured that they are there to control tension in case aggrieved customers of Menzgold decide to storm the venue with demonstration.

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