NAM 1 is a card-bearing NPP Member; eyeing Kasoa seat - Asiedu Nketia

General Secretary of the opposition National Democratic Congress (NDC), Mr Johnson Asiedu Nketia has revealed that embattled Chief Executive Officer (CEO) of troubled gold dealership firm, Nana Appiah Mensah is a card-bearing member of the governing New Patriotic Party (NPP).

He claims on Accra-based Power Fm monitored by MyNewsGh.com that at the peak of his Ponzi scheme, it was obvious he was warming his way to become a parliamentary candidate for the Awuta Senya East constituency of the Central Region on the ticket of the NPP before his empire came down crushing.

“This Menzgold thing, do you know the man was eying to stand as parliamentary candidate at Kasoa on the ticket of the NPP? He is the son of the NPP Women Organiser. That is how come he established the NAM mission at the area and started doling out money”, he pointed out to the host Agyeman.

According to him, he is shocked that the governing party is claiming they do not know the man as one of them when they are those who benefited from his cash.

“If the same NPP now come out to tell us they do not know NAM 1 who are they deceiving”, he asked.

It would be recalled that after being granted a self-recognizance bail by the Economic and Organized Crime Office (EOCO) in Ghana somewhere last year, NAM 1 sneaked out of the country with the hope of getting money from other deals in order to pay for locked up investments of his clients.

It is gathered that NAM 1 had travelled to Dubai in the hope of collecting US$39 million owed Menzgold by a Dubai-based company, Horizon Royal Diamonds DMCC, for the supply of gold.



His intention was to use the money to settle investors of the Menzgold, following the closure of the company by the Security and Exchange Commission (SEC) in the wake of a turf war with the Bank of Ghana.

Sources familiar with the story had indicated that in 2016, an unnamed official of the EOCO, had recommended Menzgold to officials of Horizon Royal Diamonds for the supply of huge quantities of gold. That recommendation came because, according to the sources, the Dubai Company, had earlier been duped by some Ghanaians.

This however turned out to be one of the bad deals that resulted in his arrest with latest information revealing he could only be released if his Nigerian counterpart is found.