The life of the CEO of Menzgold Ghana Limited, Nana Appiah Mensah, is under threat, thus, the opacity surrounding his whereabouts, Nii Armah Amaterifio, the acting Director of Communication of the now-troubled firm, has said.
The troubled company, since August last year, has not been able to pay its 1.8 million clients’ extra values or principal investments totalling $200 million dollars following a directive to the company by the Securities and Exchange Commission (SEC) to stop its gold vault market operations over regulatory infractions.
Since that period, NAM1 has not been seen in Ghana. He only tweets or speaks to his radio station, Zylofon FM on the telephone.
There have been claims by some of the company’s aggrieved customers as well as certain people who claim to be close to NAM1 that he is hiding in South Africa or Nigeria.
Already, Finance Minister Ken Ofori-Atta has described the customers of Menzgold as “greedy” people, adding that the government will not spend a pesewa of taxpayers’ money to compensate the aggrieved clients.
Meanwhile, the founder of think tank Danquah Institute (DI), Gabby Asare Otchere-Darko, has revealed that Nana Appiah Mensah (NAM1) has fled Ghana and gone into hiding.
Following a demonstration by aggrieved clients of the company in Kumasi on Tuesday, 8 January 2018, Mr Asare Otchere-Darko tweeted: “I understand the owner of Menzgold, Nana Appiah Mensah, has breached his bail condition and absconded.
“We can’t allow those who allegedly dupe people with such impunity to get away with it that easily. Let’s smoke them out, wherever they are, and throw the book at them!
“While I will not want a pesewa of my tax money to be involved with this Ponzi matter, I believe the majority of Ghanaians will agree with me that the law must come down heavily on those who use such schemes to destroy the lives of many people”.
Mr Amarteifio, however, said: “His life is at risk, and, so, for some security reasons, we cannot disclose where he is at the moment”, he told Kwabena Prah Jnr (The Don) on Ghana Yensom on Accra100.5FM on Wednesday, 9 January 2019.
He further stated that Menzgold is a legitimate business registered under the laws of Ghana, therefore, cannot be a Ponzi scheme as being claimed by some Ghanaians.
Source: classfmonline.com
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adufrupe eda owuo afa. Ghanaians should learn a lesson. PIRAM. DKM . GOD IS LOVE. WHY AGAIN. GOOD LUCK.
He will soon be taken down by one of his staff.
Interesting the operators of the Ponzi scheme(named after Charles Ponzi) do even recognize that it is a Ponzi scheme! And he has the effrontery of an ejaculating dogg to rob it in the face of the grieving customers that they are a legitimate business! Then do what legitimate businesses do: fulfill your obligations!
you see their stuborness every where, you have registered your business and where are you. where is the lawyer akuffo. but the customers too how greedy can you be again, some of you have benefitted paaaaaaaaa and you want to come for what?
Wherever that meat ("enam") is, God's fire burn him. May the suffering of the peoples whose money he has run away with come upon him. God will curse his generation. All the curses in the Bible come upon him. He will suffer before dying.
If this PRO guy knows what a Ponzi scheme is, he won't be talking about Menzgold being a registered company. Go and ask Madoff.
This guy paaaa. Who told him that the ponzi schemes do not register their businesses? Tell the guy to come and sort out his customers and stop the paaapaaa
with what he has done. his life will be under threat. he should pay and he will be free