Complete list: Properties of NAM 1 identified by EOCO

General News on Tuesday, January 29, 2019

Source: adomonline.com

2019-01-29

Nana Appiah Mensah, known as NAM 1, has been identified.

Properties listed include Menzgold Ghana Limited's land and vehicle properties, the Menzgold office complex, Zylofon Art Complex, Brew Marketing Consult, Star Madrid Football Club, Zylofon Music and Media Company Limited, Brew Energy Company Limited and the G-Tech automobile service.

This news of the properties identified is contained in a statement signed Tuesday by the head of the public affairs unit, Jacquline Avotri, from the Office of Organized and Economic Crime (EOCO) in Accra.

The statement was made public after obtaining a court order confirming the freezing of Menzgold's badets and other related activities of NAM 1.

The remaining properties are two (2) properties located in the Trbadaco Valley (Parcel # 315 and # 337), a parcel of land (# 54) near Oak Street – Trbadaco Valley, an unfinished residence and 510 acres of land. ground.

In his statement, EOCO urged the family and friends of the wanted fugitive, as well as the badociates in possession of such property, to submit them to their organization for their own benefit.

"Through this press release, all employees of affected companies, as well as relatives and friends in possession of any of these badets, must go through the High Court Authority to the head office and regional offices to fight organized crime and organized crime. interest, "demanded the statement.

The statement warns that "failure to do so will constitute contempt of court that will result in the appropriate sanctions".

Below the complete statement

NAM 1, who was arrested in the UAE in December 2018 for defrauding a business partner, was declared a wanted man by a circuit court in Accra.

The result is similar accusations by some 60,000 people who have invested in his Menzgold business, described as a Ponzi scheme expert.

Investors were promised a monthly return of 10% on their gold deposits. However, since the Securities and Exchange Commission (SEC) has ordered the closure of the unregulated portion of the business, Menzgold has failed to pay returns and has also failed. pay the initial deposits.