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Entertainment of Sunday, 23 September 2018


Afia Schwarzenegger warns NAM1 over GHC4m Menzgold investment

Afia Schwarzenegger Afia Schwarzenegger

Controversial on-air-personality, Afia Schwarzenegger, has sent a strong warning to the Chief Executive Officer (CEO) of Menzgold, Nana Appiah Mensah, over the troubles the investment firm has been facing lately.

It will be recalled that the Securities and Exchanges Commission (SEC), almost two weeks ago, ordered Menzgold to shut down its operations for breaching its license.

While Menzgold had always maintained that it had not been taking deposits, it has had to comply with the order leaving customers distressed.

One of these troubled customers, according to Afia Schwarzenegger, is her mother who has become worried over the development.

In a video shared on her social media pages, Afia Schwar asked Nana Appiah Mensah's associates to advise him to refund her mother's money or face her wrath.

According to Afia Schwar, she had been losing sleep over the matter because she feared the situation could lead to her mother's death which she was not ready for.

Though Afia Schwar initially kept the details of her complaint subtle, she spilt the bean after some of her followers started raising questions about her video.

In one of her responses to the numerous comments on her post, Afia Schwar revealed that her mother had actually invested four million Ghana Cedis with Menzgold though she had advised against that.

Menzgold is yet to officially comment on Afia Schwar's claim but it is worthy to note that this is not the first time the firm is facing such a problem.

In fact, the order from the SEC followed months of warnings from the Bank of Ghana over the operations of Menzgold, especially with regards to the firm taking deposits from its customers.