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Menzgold: Sarkodie declares his support for Nana Appiah Mensah

By Michael Klugey
Sarkodie speaks in favor of Nana Appiah Mensah on Menzgold saga
Sarkodie speaks in favor of Nana Appiah Mensah on Menzgold saga

Sarkcess Music CEO,  Sarkodie has added his voice to the ongoing saga surrounding the gold dealing company, Menzgold. 

The multiple award-winning MC in a tweet made the world aware that he knows Nana Appiah Mensah, the Chief Executive Officer of Menzgold very well and he believes he has good plans for Ghana and would not use dubious means to deceive the populace. 

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Sarkodie further admitted that he might not know the ins and outs of his operations but he is optimistic that NAM1 as the business mogul and has a good game plan to help the better Ghana agenda.

Sarkodie' tweet on his social media handle reads  “One man doing the most for our beloved country knowing him personally he genuinely cares about the country’s progress … might not know the ins and outs but one thing is for sure – the Nam1 mission is for a better Ghana Bless @mn_appiah”

The Securities and Exchange Commission (SEC) directed Menzgold to halt trading in the gold collectibles without the appropriate license.

In the letter dated September 7, SEC said it has thoroughly investigated the activities of Menzgold and has found that Nana Appiah Mensah does not have the license to trade in gold collectibles from the public.

The statement explained that interactions with representatives of Menzgold confirmed to SEC the view that the aspect of Menzgold’s business which involves purchase and deposit of gold collectibles and guaranteed returns is a capital market activity under Act 929 without a valid license issued by SEC which contravenes the law.

The statement added that subsequent requests have been made by SEC to Menzgold’s lawyers to furnish SEC with specific detailed information on the operations of the firm.

This directive caused fear and panic in the country especially to customers of the company who had their gold with the company.

Many Ghanaians including top stars have spoken in favour of Nana Appiah Mensah and asking leaders of the country to save the firm from being closed down.

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