The Ghana Police Service has confirmed the receipt of 2.5 Million Ghana Cedis from the embattled CEO of Menzgold, Nana Appiah Mensah.
According to a statement shared by the Service, it received an amount of GH₵2.5 Million from suspect Nana Appiah Mensah, popularly known as Nam 1 on the advice of the Office of the Attorney-General, on Friday 20th October 2023.
The said amount has since been deposited in the Police Exhibit account at the Bank of Ghana (BoG) for the attention of the Court.
The amount is part of investigations into petitions received from some customers of MenzGold Ghana Company Limited and Brew Marketing Consult Limited, currently before the Accra High Court against suspect Nana Appiah Mensah, popularly known as Nam 1.
Disbursement of the said amount will be determined by the court.
On October 20, 2023, Menzgold Ghana assured clients of the payment of 5 Million Ghana cedis in a letter titled “A first bulk payment batch of GHC5,000,000 made.”
It read;
Following a successful transactions verification exercise conducted from the 10th of August, 2023 to the 14th of September 2023, we are happy to note that, five million Ghana cedis (GHC5,000,000), which constitutes our first bulk payment batch has been successfully made.
Additionally, a full refund of the 82 clients who purchased the Menzgold verification Digital Access card prior to our Company’s grant of same for free shall be completed tomorrow, 2151 October 2023.
Please be advised that, of the GHC5,000,000 first payment tranche, GHC2,500,000 is for the account of a full and final settlement of a compromised judgment debt, to certain Menzgold indebted to individuals, in a suit No. CM/RPC/0835/2019; The High Court of Ghana, Commercial Division, Accra. Whereas; the other GHC2,500,000 is in favour of over one hundred individuals. Based on the above, it can safely be noted that the payments range is between GHC4,000 to GHC2,500,000.
May I congratulate all Menzgold cherished clients, well-wishers and the general public, as we give thanks to the almighty God for this noble feat.
I further humbly urge all to note, that we shall continue to count on your fervent prayers, kind cooperation, support and constructive criticisms when need be, as we strive to achieve a zero per cent (0%) Menzgold debt-liability, God willing before the end of the next calendar year.
Thank you for your kind cooperation and understanding in this matter.”
