NAM 1 washing dishes in UK to pay customers – Menzgold spokesperson

The spokesperson for failing gold dealership firm, Menzgold says the company’s CEO, Nana Appiah Mensah has travelled abroad to work in order to repay customers locked up investments.

Nii Armah Amarteifio denies that his boss has absconded with investor funds, leaving workers to bear the brunt of angry customers.

He explained that the only reason NAM1, as he is popularly known, has only gone out of town is in search of money to pay the customers their investments.

“He has travelled outside the shores of Ghana and is working to make sure that he gets money to come and pay our customers.

“Is the money here? Can we get the money here” if our CEO has travelled outside to work and get money to pay our customers, may I know what is wrong with that,” he queried on Joy FM’s news programme Top Story.

The Circuit Court on Wednesday issued an arrest warrant for the embattled businessman after his investment company failed to refund customer’s monies after the Security and Exchanges Commission (SEC) declared its operations illegal.

The warrant said NAM1 is wanted for defrauding by false pretence. He is also wanted for money laundering. He is wanted together with one Rose Tetteh, believed to be his wife and Benedicta Appiah, said to be his sister.

There are reports the man who once rubbed shoulders with top politicians, celebrities and owns a private jet has absconded with his family.

But Mr Amarteifio said such reports are untrue.

He says his boss is deeply concerned about the plight of his customers and would not rest until he gives them what is rightfully theirs.

Although he was unable to tell exactly where his boss is, Mr Amarteifio said it will be preposterous to think he has absconded.

He added that there is a purpose for which a warrant has been issued for his arrest and “let’s allow the police to work.”

Customers of the company have been on many protests to demand the payment of their investments

New Payment Schedule

Mr Amarteifio also disclosed that the company is working on a new payment schedule to allow the payment of clients’ funds to them.

“At this point in time, we have no option than to pay our customers. We are coming out with a final payment schedule…we are engaging other stakeholders and other government institutions and when we agree, we can publish the final payment schedule and pay the customers.”

He urged customers to be patient and allow them time to work on the new schedule for them to be paid.

Ogyem Solomon

Solomon Ogyem – Media Entrepreneur | Journalist | Brand Ambassador Solomon Ogyem is a dynamic Ghanaian journalist and media entrepreneur currently based in South Africa. With a solid foundation in journalism, Solomon is a graduate of the OTEC School of Journalism and Communication Studies in Ghana and Oxbridge Academy in South Africa. He began his career as a reporter at OTEC 102.9 MHz in Kumasi, where he honed his skills in news reporting, community storytelling, and radio broadcasting. His passion for storytelling and dedication to the media industry led him to establish Press MltiMedia Company in South Africa—a growing platform committed to authentic African narratives and multimedia journalism. Solomon is the founder and owner of Thepressradio.com, a news portal focused on delivering credible, timely, and engaging stories across Ghana and Africa. He also owns Press Global Tickets, a service-driven venture in the travel and logistics space, providing reliable ticketing services. He previously owned two notable websites—Ghanaweb.mobi and ShowbizAfrica.net—both of which contributed to entertainment and socio-political discussions within Ghana’s digital space. With a diverse background in media, digital journalism, and business, Solomon Ogyem is dedicated to telling impactful African stories, empowering youth through media, and building cross-continental media partnerships.

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