The Background Expose of Nam 1 People Don't Know About and His Dubai Arrest Update!!!

Nana Appiah Mensah, popularly knows as Nam 1 has been on the media for some years now. He is the CEO of MenzGold Ghana Limited. Besides being known as the CEO of this recognized company, he is as well the CEO of Zylofon Media Co. Limited.  
The businessman has been on the run for some time now since the act of defrauding by false pretences and money laundering are being levelled against him.

Basically, this is how the now being hunted NAM1's beginnings came to shine.

In 2013, he owned a business called Ross Brokerage at Cripple City, Kasoa.
On the verge of promoting his business, he hired 7 to 10 people to spread out in their numbers to find people who were interested in purchasing a car to work with. It was stated that he duped a lot of people in this act. He has been wanted by a lot of people but to no avail.  Tracing his license number at the registrars' office, they realized he operated the business under the name of his sister who was a seamstress, according to our sources.

He was arrested In 2013 and was under prosecution at the Accra Circuit Court for one year under the act of false pretences and money laundering. After the man behind his arrest, Corporal David Normanyo retired, the case closed down.

In the year 2014, he began operations as the CEO of Menzgold. He was still on the run, where warrants were issued on his arrest but no one could do that.

He had two lines of businesses. The first part of his businesses was offered to those with a minimum of GHS 4,000 and of which according to our source, almost 60,000 individuals invested.
His second was the Kilo Promo and was rendered to those who had huge sums of money and wanted to invest for a large interest rate.

People who invested in the Menzgold business day by day ranged from 150 to 200 and on an average of eight billion, thus per single day.
Brew Marketing Consult Co. Limited was his other company and it traded in Gold both in and across the borders of the country.
There were no Gold collectables in the company anymore because at a point in time, the President had lifted a ban on small scale mining (Galamsey) in the country. But the company still continued its operations and began the act of fraud on the individuals who invested for the Gold collectables.

Now according to the story of his arrest in Dubai, he was arrested last year December 7 at the Dubai Airport. What led to his arrest is contrary to that of the issues he had with Ghanaians.

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According to our source, he was in partnership with Horizon Royal Diamonds DMCC in Dubai and was supposed to distribute Gold to the company but failed. He defrauded the company on an amount of $23 million, thus GHS 114,587,150.00. 

He was arrested on the charges of fraud but according to the Public Relation Officer of Menzgold, he insisted that “his arrest has nothing to do with Ghana police or Interpol; he only wanted his money to come pay Menzgold customers.”
On the contrary, a lot of Ghanaians still don't believe to this because if he was indeed arrested, why hasn't there been any video of his arrest or probably a call from the Government of Dubai to any of his family members. 

Keep your eye on Getinfomedia we will bring you up more updates!!!

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The Background Expose of Nam 1 People Don't Know About and His Dubai Arrest Update!!! The Background Expose of Nam 1 People Don't Know About and His Dubai Arrest Update!!! Reviewed by GetinfoMedia on January 19, 2019 Rating: 5

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