President Nana Akufo-Addo's cousin, Gabby Asare Otchere-Darko, has denied claims on social media that he has shares in gold dealership firm Menzgold Ghana Limited.

In a tweet, Mr Otchere-Darko said: “I have no shares in Menzgold or any company linked to NAM1. I’ve never been a client of Menzgold and would certainly not have put a pesewa in any such scheme. Not my style. In fact, I’ve never even met the man, Nana Appiah Mensah, or had a sniff of any cash linked to him. Zero!”

The embattled company has not been able to pay its thousands of clients’ extra values and principals since August 2018 after Ghana’s Securities and Exchange Commission (SEC) shut it down over regulatory infractions.

Several demonstrations from frustrated clients have led Ghanaian authorities to issue a warrant for the CEO’s arrest.

I have no shares in Menzgold or any company linked to NAM1. I’ve never been a client of Menzgold and would certainly not have put a pesewa in any such scheme. Not my style. In fact, I’ve never even met the man, Nana Appiah Mensah, or had a sniff of any cash linked to him. Zero!

— Gabby Otchere-Darko (@GabbyDarko) 13 January 2019