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NAM 1 Finally a Free Man – Released From Police Custody


Information reaching Nsemwoha indicates CEO of embattled Menzgold has finally been released from police custody.

NAM 1 was granted a GHC1bn bail with sureties by an Accra high court but the hefty nature of the bail amount meant his team could not meet the bail conditions.


Yet this evening, GHKwaku, blogger for NAM1’s firm Zylofon broke news of his release on bail on instagram.

He wrote: “Glory to God, Nana Appiah Mensah is now a free man(bail granted) God bless you for your constant prayers and support The ultimate is for menzgold customers to get their moneys and trust me, that’s the priority of NAM Let’s keep the young man in prayers and I believe very soon All shall be well and we’ll glorify God’s name again and again #NAMMISSION

NAM 1 is currently being charged with two counts of abetment to defraud by false pretense and two counts of abetment to carry out banking business without licence, contrary to Section 6 (1) of the Banks and Specialised Deposit-taking Institutions Act, 2016 (Act 930)

Source: nsemwoha.com