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Developing Story: NAM1 Addresses The Press

It seems like the focus of this press release will be mostly on Menzgold and issues surrounding the company.

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The much anticipated press conference by Nana Appiah Mensah, alias NAM1, is currently ongoing.

AfricaCelebrities.com is committed to bring our readers latest updates from the ongoing media encounter.


The structure of the press conference starts first with NAM1 reading out a prepared speech after which he will take questions.

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One of the things many Ghanaians are looking forward to is the announcement of when NAM1 will commence payment of monies owed to Menzgold customers.

It seems like the focus of this press release will be mostly on Menzgold and issues surrounding the company.

Here are some excerpts from the press conference:

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“As to whether or not our operations at Menzgold is a ponzi scheme, we pray the just Ghanaian courts to answer these questions…” – Nana Appiah Mensah

“With the cease and desist from SEC, we had to meet the payment obligations of customers. I embarked on debt recovery overseas. I was framed by Horizon Royal Diamond on my arrival in Dubai with a bogus claim…”– Nana Appiah Mensah

“We are open to fair supervision and are opposed to no supervision or supervision with malicious intent…” – Nana Appiah Mensah

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“I have no doubt in my mind that our company is on the path to greatness and global prominence.” – Nana Appiah Mensah

“To our Menzgold customers, please remember that your patience and support for us is not entitlement but something we earned working with you over the years” – Nana Appiah Mensah

“To the government of Ghana, we applaud you for not sparing the rod. We got your message. We have grown and are ready to accept responsibilities if there are any” – Nana Appiah Mensah.

“We will do everything to meet your demands individually and collectively”– Nana Appiah Mensah tells Menzgold customers.

“Admittedly, we have made some losses. We wear our losses as a badge of honour. Our losses depict our grand ambition” – Nana Appiah Mensah.

“I didn’t escape from Ghana to Dubai. I went overseas to other African countries, Europe and Asia on debt recovery journey”– Nana Appiah Mensah

“I don’t ascribe to the thought that Menzgold customers were greedy“- Nana Appiah Mensah

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“How can I pay my customers when my assets and bank account are frozen? I cannot make any payments until….”– Nana Appiah Mensah

“We will not hesitate to publish the name of customers in the dailys if it becomes necessary”– Nana Appiah Mensah

“SEC wants us to shut down our gold platform. That is tantamount to telling shops at Accra Mall to shut down and still make sales”– Nana Appiah Mensah

“MenzGold is not a ponzi scheme” – Nana Appiah Mensah.

“We own a mineral commission license that makes us a gold dealer from the Mineral Commission.” -Nana Appiah Mensah

The major highlight of the press conference- which many Ghanaians were looking forward to- is NAM1 has intimated that if the government of Ghana would come to his aid to retrieve his money from Dubai and unfreeze his assets, he would be able to refund all the monies owed to Menzgold customers.

Source: AfricaCelebrities.com

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