Menzgold Ghana Limited has described as false, reports that its embattled CEO, Nana Appiah Mensah, also known as NAM1, is facing fresh charges in Dubai.

According to the gold dealership firm, a report by ABC News that NAM1 has been sued by a Pakistani over some $1 million is “unsubstantiated and without any merit”.

In a statement, Menzgold urged the media to be circumspect about reports regarding the company in order to avoid court suits.

The statement said: “Menzgold would like to inform the general public, especially its cherished customers that these claims are completely false, unsubstantiated and without any merit.

“We find this publication very distasteful and only people with malicious intent and hidden destructive agenda will subscribe to this counter-productive method”.