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NAM 1 Returns Home Today

Embattled businessman company Limited, Nana Appiah Mensah, aka NAM 1 is reported

to arrive in Ghana today, Thursday, January 17, 2019.

According to a report sighted on Adomonline.com, the government delegation in

Dubai have reached an agreement with the Emirati authorities for his release.

A high powered government delegation went to Dubai to press for the extradition of Chief

Executive Officer of Menzgold, NAM 1.

The delegation includes Deputy Attorney General, Joseph Dindiok Kpemka, a representative

from the Economic Organised Crime Office (EOCO), the Bureau of National Investigation

(BNI) and National Security.

This was after it emerged that, he has already been arrested in the United Arab Emirates

(UAE) capital on December 7 after “a gold deal gone wrong.”

READ:https://www.ghafla.co.ke/gh/top-10-most-expensive-hotels-in-the-world-2018/

Nana Appiah Mensah is also wanted for defrauding by false pretense and an allegation

of money laundering after his company failed to pay customers investments.

The report further adds that, aggrieved customers can now heave a sigh of relief after

the source in Dubai told Ekosii Sen host, Osei Bonsu government has been able to strike

a deal with the government of the Emirates to bring NAM 1 to Ghana to face justice.

NAM1 nabbed in Dubai more than one month ago;

It has emerged that Ghana’s most wanted man, Nana Appiah Mensah, has been in the

custody of Dubai police for at least one month.

The fugitive was arrested on December 7, 2018, a police statement said.

This is even before an Accra Circuit Court issued a warrant for his arrest January 9, 2019

and also alerted Interpol which has presence in 194 countries.

Nana Appiah Mensah is wanted for defrauding by false pretense and alleged money laundering.

This was after his company Menzgold failed to pay thousands of clients’ returns on their investments.

There has been agitation from clients since September 2018 when the Securities and

Exchange Commission ordered his company to shut down its so-called gold trading operation.

At Menzgold, clients buy what is now known as fake gold from another company owned

by the embattled businessman, Brew Consult and deposit the collectibles with Menzgold.

They are promised 7% to 10% monthly returns described by investment experts as risky

and unsustainable.

Menzgold after months of hesitation is now being called a Ponzi scheme.

The emboldened description of the once-glamorous brand has set frightened customers

fearing their investments have gone down the drain.

State security arrested Nana Appiah Mensah or popularly, NAM1. But even this arrest

was not known until news of his escape broke last week.

NAM1 was on a self-recognizance bail but still managed to elude security to travel to

Dubai – a feat that has fed fledging conspiracy theories.

The arrest in the United Arab Emirates, a member of Interpol, is however for a different

incident albeit the same gold-trading business.

It is alleged the socialite and high-flying businessman was engaged in a “business gone bad” in Dubai.

In essence, NAM1 has also been linked to a criminal offence in another jurisdiction.

If UAE authorities are to press charges, NAM1 may not come to Ghana to face the law.

The government is expected to push for the release of the 34-year old Ghanaian.

According to the police statement, Ghanaian officials have paid the suspect a visit in Dubai.

But the statement makes no comment about whether the visit was before the warrant was issued or after.

Credit:Adomonline.com

Govt Rules Out Bail-Out For Menzgold Customers

Government has no intention of bailing out customers of beleaguered investment company, Menzgold.

Minister of Information, Kojo Oppong Nkrumah has urged the customers to follow

appropriate legal processes to get their monies back.

His comment follows growing calls by some customers for compensation from government

if Menzgold fails to refund investments.

Scores of disgruntled customers of Menzgold from across the country on Tuesday January 8,

2019 converged in the Ashanti Region to stage a demonstration to demand their locked-up investments.

READ:https://www.ghafla.co.ke/gh/67789-9/

They burnt car tyres and blocked roads linking Adum and Amakom, both suburbs of Kumasi,

a situation that resulted in hours of gridlock. The angry customers also defied a warning by the Ashanti regional police not to go ahead with the protest.

Speaking on Asempa FM’s Ekosii Sen programme Tuesday, Kojo Oppong Nkrumah blamed

the customers for not dong due diligence before investing their monies.

He cited how the customers of Menzgold ignored warnings of Securities and Exchange

Commission to buttress his point.

The only out, Hon. Oppong Nkrumah said is for the aggrieved customers to seek legal redress.

Source:Adomonline.com

I Won’t Stand For MP ‘Now’ – Nana Appiah Mensah

The CEO of Zylofon Media, Nana Appiah Mensah has revealed that he has no interest in entering into politics yet.

His comments follows call by youth in his Kasoa community to stand as a Member of Parliament for the Kasoa Constituency.

He however stated that he wasn’t enthusiastic about the legislative status for now. Instead, his focus now is to create one million jobs for Ghanaians within 5 years time.

Nana Appiah took to his official Instagram page to make this declaration.

His post reads as;

“I appreciate the call but, I am not enthused about a legislative house member status now. I am committed to creating One Million decent jobs in Ghana within 5 years. Let’s keep our gaze on that and that only”

Nana Appiah Mensah – owns the media franchise Zylofon Media which includes Zylofon FM, Zylofon Cash and Zylofon Records. He also owns Menzgold Limited, an enterprise that deals in the trade of items of pure gold. He has created over a hundred job avenue for in the country already.

His enterprises have taken the nation by storm and are clearly on course to achieving the goal of creating these one million jobs.

Read post below;

https://www.instagram.com/p/Bl-ZoPenF7X/?hl=en&taken-by=mn_appiah

Nana Appiah Mensah Unveils New Bentley Ride (PHOTOS)

Zylofon Media boss, Nana Appiah Mensah, has added yet another expensive car to his garage.

The car, an all black Bentley, is reported to have been purchased by NAM 3 months ago but he rarely uses it.

Price check by Zionfelix reveals that Bentley starts selling from $140,000 (Gh673, 237).

This however becomes the second Bentley machine owned by Nana Appiah.

Aside from this Bentley machine, the father of one owns G-Wagon, Rolls Royce, and many other cars.

Checkout photos of the car below;

 

Photos Credit:Zionfelix.com

Nana Appiah Mensah Finally Breaks Silence On Zylofon – Stonebwoy- Shatta Wale Brouhaha

Zylofon Media has been trending on all major news as well as social media platforms for some days now.

They are however trending not because of their work but because there are currently lots of controversies going on there.

It started with Shatta Wale reproaching Stonebwoy for donating to the accident victims at Korle-Bu Teaching hospital as part of his birthday celebrations last week.

And then we later heard that Stonebwoy had resigned from Zylofon Media.

The controversies however heightened when it was reported yesterday that Stonebwoy had fired gunshots at Bulldog for attempting to seize his car. This incident according to reports happened on Saturday night at Champs Bar in Accra.

Amidst all these, the Chief Executive Officer of Zylofon Media, Nana Appiah Mensah had remained silent.

He has however broken his silence when he took to social media to urge Ghanaians to remain calm.

In a tweet by Nana Appiah Mensah, he promised to solve the brouhaha amicably for peace to reign.

His tweet reads;

“ I urge all well wishers of @ shattawalegh,@ stonebwoyb and @ ZylofonMedia to remain very calm. Whatever differences, as with all human institutions would be resolved in the most civil and decorous fashion. Ghana shall prosper.# zylofonmusic # Ghanamusic # Ghanawi” .

 

Bullet Mocks Nana Appiah Mensah Over Stonebwoy And Bulldog Crashes

It looks like Bullet, Manager of the Late Ebony has decided to take his revenge on Zylofon Media Boss, Nana Appiah Mensah for his tweet about the sadden demise of Ebony.

It would be recalled that barely a week after the death of Ebony Reigns, Nana Appiah made a controversial tweet which went viral.

The tweet, sparked many controversies all pointing accusing fingers at Bullet. In his tweet, Nana Appiah talked about reaching an agreement with the late songstress. Adding that Ebony begged her to set her free by paying someone off.

Well, many people believed that that someone was no other person than her Manager, Bullet.

Nana Appiah’s Tweet read;

“We had a fruitful meeting and reached an agreement just last Tuesday. ‘Please help me pay him for my bailout. I want to be free’ I hope you’re free now and finds absolute peace in the bosom of the almighty God. Let’s pay CRITICAL ATTENTION to our female artists.” he wrote at the time.

The tweet and it’s accompanying hullabaloos didn’t go down well with Bullet at all. However, it looks  he has gotten the right time to take his revenge on the Zylofon Media Boss. He’s now giving him a taste of his own medicine.

He posted a photo of Stonebwoy and captions it;

“We had a fruitful meeting and reached an Agreement just yesterday.”please help me cos they want to take my car” and i want to be free.lets pay CRITICAL ATTENTION TO our dancehall artists.#freebwoy #youthinkartistmanagementiseasy#rufftownrecords”

#youthinkartistmanagementiseasy
#rufftownrecords

Many believe the post is directed at the Zylofon Media boss following the current pandemonium on-going at the Zylofon Media Camp. Especially one between Stonebwoy who according to reports has left the company and the A&R Manager, Bulldog.

https://www.instagram.com/p/BgLV8q8Fb_y/?taken-by=bulletruffnsmooth