News
Angry Menzgold customers call for immediate arrest of NAM 1
- /home/u249204778/domains/spectator.com.gh/public_html/wp-content/plugins/mvp-social-buttons/mvp-social-buttons.php on line 27
https://spectator.com.gh/wp-content/uploads/2020/06/NAM1.jpg&description=Angry Menzgold customers call for immediate arrest of NAM 1', 'pinterestShare', 'width=750,height=350'); return false;" title="Pin This Post">
- Share
- Tweet /home/u249204778/domains/spectator.com.gh/public_html/wp-content/plugins/mvp-social-buttons/mvp-social-buttons.php on line 72
https://spectator.com.gh/wp-content/uploads/2020/06/NAM1.jpg&description=Angry Menzgold customers call for immediate arrest of NAM 1', 'pinterestShare', 'width=750,height=350'); return false;" title="Pin This Post">
The Coalition of Aggrieved Customers of Menzgold (CACM) Ghana has called for the immediate arrest of Chief Executive Officer (CEO) of Menzgold Company Limited, Nana Appiah Mensah (NAM1).
CACM has also urged government to confiscate all assets of NAM1 and Menzgold, including the CEO’s landed and moveable assets.
The call comes on the backdrop of a lavish signing ceremony of a new artist, Tiisha, over the weekend while, according to them, “victims of Menzgold continue to record deaths with current figure not less than 55.”
At a news conference in Accra yesterday, the General Secretary of CACM, Samuel Odartey said “ we are very much appalled by the bravado and open disregard for the laws of the land seeing NAM1, a man who has been slapped with 61 criminal charges, including money laundering, still signing financial contract and being escorted by macho men.
“If, indeed, our laws are working, which we believe it’s working, then we call on His Excellency the President to order the National Security to cause the arrest of NAM1 immediately without delay,” he added.
Also, Mr Odartey said the claim by NAM1 to have paid GH₵9.6 million to customers was false and criminal thereby challenging the CEO of the defunct Menzgold Company Limited to publish the names of those paid and indicate the amount paid with dates.
He alleged that Mr Mensah was throwing dust into the eyes of the unsuspecting public, adding that “his new scheme Payboy, which was noted to be another scam, had succeeded in scamming hundreds of customers.
The General Secretary said, according to their sources, the $39 million awarded him after winning a court case in Dubai last year had been received by NAM1, stating that the said money belonged to the customers and should be paid to them.
He stated that government’s decision to pay customers of other collapsed banks had made them come to the conclusion that their locked up investments should be paid into the consolidated fund and released to them without delay.
“Menzgold customers’ plight should be treated as an emergency national security issue to avert more deaths among customers, and that as government has decided to pay customers of other collapsed banks and fund management, we request that the same decision should be taken to pay us, since Menzgold was also closed down by government,” he said.
Source: Ghanaian Times
President John Dramani Mahama will be joining African heads of state, business leaders, investors and innovators shaping Africa’s next chapter, at the inaugural Alamein Africa Forum scheduled to take place from 2nd to 4th October 2026 in the historic city of Alamein on Egypt’s Mediterranean coast.
The three-day Alamein Africa Forum is established as a permanent African Business Forum to convene biennially in Egypt.
It is to become the continent’s premier gathering where political power meets entrepreneurial prowess, bridging the established engines of African growth with the new sectors defining its future.
Co-organised by the Government of Egypt, African Export – Import Bank (Afreximbank), the African Union and AUDA-NEPAD, it is expected to bring together more than twenty (20) heads of state and government representatives alongside business leaders, bankers and development institutions.
Ghana’s President, who on 23rd September 2026 declared Ghana is open for business in New York after ringing the ceremonial closing bell at the Nasdaq Stock Market will be leading the Ghanaian delegation, to include the Minister for Trade, Agribusiness, and Industry, Elizabeth Ofosu – Adjare, to the forum.
Other members of the Ghanaian delegation are the Head and Presidential Advisor for Ghana’s 24-Hour Economy and Accelerated Export Development Programme, Hon. Augustus Goosie Tanoh, Ghana’s Special Envoy to the Alliance of Sahel States, Colonel Larry Gbevlo – Lartey alongside key Ghanaian private sector players.
Bringing together leaders in politics, business and policy from across the continent, the Alamein Africa Forum will provide a unique opportunity to shape Africa’s growth agenda by aligning policy and investment priorities, mobilising partnerships for implementation and strengthening financing and investment pathways.
The private sector must become an integral part of Agenda 2063, the African Union’s strategic fifty-year masterplan to transform the continent. The private sector is the core economic engine required to turn the African 2063 from an aspirational government roadmap into realized infrastructure, jobs, and value-added trade.
By Chris KONEY
News
Contractors move to site to begin construction of 120-Bed Trauma Hospital at Bole – Felix Kwakye Ofosu
Minister for Government Communications, Felix Kwakye Ofosu, has revealed that contractors have moved to site to begin construction of a 120-bed Specialised Trauma and Emergency Hospital at Bole in the Savannah Region.
According to the Minister, the 16,000 square metre facility will be equipped with modern medical infrastructure to provide emergency and trauma care.
The hospital will have a 24-hour Accident and Emergency Unit, trauma resuscitation bays, emergency operating theatres, an Intensive Care Unit (ICU) and a High Dependency Unit (HDU).
It will also include specialised trauma wards, a burns treatment unit, orthopaedic and surgical units, as well as imaging and diagnostic facilities, among others.
By Edem Mensah-Tsotorme
