State Prosecutors have closed their case in the case in which Chief Executive Officer (CEO) of Menzgold Ghana Limited, Nana Appiah Mensah is standing trial for defrauding customers in the sum of over GHc340 million. This was after the lawyers of Nana Appiah Mensah also known as NAM1 concluded their …
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Menzgold Limited, the erstwhile gold deposit company, has officially declared the commencement payment to clients from today, Friday, October 20, 2023. Management of the defunct company, says it has earmarked an initial amount of 5 million Ghana cedi as the first bulk payment to the clients. Menzgold Limited, says it has …
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Former President John Mahama has been approached by the leadership of customers of the now-defunct Menzgold Company Limited, seeking his help in retrieving their funds locked in the illicit gold dealership and investment company. The customers have suffered since the company was shut down in 2018, with 217 people dying and some suffering …
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Lawyer Maurice Ampaw stated that the Nana Addo Dankwa Akufo-Addo-led government deserves blame for the Menzgold saga that has left thousands of customers in financial distress. According to him, the government together and some institutions such as the Bank of Ghana, and the Securities and Exchange Commission (SEC) should be held responsible for their …
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In an effort to speed up the processing of payments for its irate clients, Menzgold Ghana has announced the elimination of a paid customer validation process. The corporation told its clients that this validation is required following the initial evaluations, which they claimed revealed that a sizable number …
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Embattled C.E.O of defunct gold-dealership Menzgold, Nana Appiah Mensah, popularly known as NAM 1 has encouraged customers to purchase a GHC650 Menzgold Digital Verification Access Card in order to verify their transactions. According to a statement signed by NAM1, this verification card will give “customers who believe they have genuine …
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A group of disgruntled Menzgold Ghana customers has petitioned the Economic and Organized Crime Office (EOCO) and the Ghana Police Service (GPS) to arrest Stonebwoy. Stonebwoy has promoted a non-fungible token (NFT) named SidiCoinNFT to his internet followers. Everyone Deserves To Earn Money. Now is the time! Times Change. #SidicoinNFT …
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In an interview with The Roots Music Report, Dancehall and Reggae musician, Livingstone Etse Satekla better known as Stonebwoy said that MenzGold’s issues were not due to endorsements by celebrities. Back in the day, MenzGold, a defunct gold dealer, recruited various Ghanaian artists and actors as brand ambassadors. They were …
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Rapper M.anifest has weighed in on the infamous collapse of defunct gold dealership company, Menzgold Ghana Limited. M.anifest revealed in an interview with Bridget Otoo on live television that he easily noticed that the company was a Ponzi scheme as proven following its collapse back in 2018 . “I knew …
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Menzgold company limited has announced it will begin paying all of its customers their money from December 20, 2021. The payment, according to management, will run till June 30, 2022. In a press release, the embattled company stated that the payment will follow a final audit of documents from customers …
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