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General News of Wednesday, 15 January 2020


Menzgold shooting: NAM1 pulled the trigger

Menzgold CEO Nana Appiah Mensah play videoMenzgold CEO Nana Appiah Mensah

Embattled Menzgold CEO Nana Appiah Mensah (NAM1) is the one who fired warning shots into the air when a horde of his aggrieved customers massed up at his Trasacco residence a few days ago to have a discussion with him in connection with their locked-up funds at his now-defunct gold dealership firm, the charge sheet of the 92 Menzgolders arrested and arraigned said for barging into the businessman’s house, has stated.

NAM1, according to the Prosecutor who read the charge sheet in court on Tuesday, 14 January 2020, fired the shots to ward off his angry customers because he felt threatened by their raucous presence.

The 92 are facing four charges in court over the matter.

NAM1 is the complainant in the case.

On 9 January 2019, the PRO of Menzgold, Nii Amarh Amarteifio said NAM1 was not behind the Wednesday, 8 January 2019 shooting.

“Personally, no; he didn’t [shoot] because I told you that when I got there, I spoke to the police and then they told me the customers told them that they heard gunshots”, Nii Amarh Amarteifio told Benjamin Akakpo on Class91.3FM’s Executive Breakfast show.

He added: “What I can tell you is that there is also a security detail in my boss’ office because of the issue, but personally, he did not. I have spoken to him and he told me that he never shot”.

Mr Amarteifio also said although the security men in NAM1’s house are armed, he could not tell immediately if any of them fired the three shots that the customers complained were aimed at them.

NAM1 and Menzgold have not been able to pay back their customers’ investments since August 2018 after the Securities and Exchange Commission (SEC) ordered the company to stop operations over regulatory infractions.

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