The Financial and Economic Crimes Division of the Accra High Court, presided over by Justice Afia Serwaa Asare Botwe has granted express permission to the Economic and Organized Crime Office (EOCO) to sell properties of suspected fraudster Nana Appiah Mensah.
The order followed a motion filed by EOCO praying the court to allow it to auction the properties of the defunct company.
The companies that will be sold along with its assets include Brew Energy, G-Tech Automobile Service, Zylofon Art Complex, Brew Marketing Consult, Star Madrid Football Club, Zylofon Music and Media Company Limited.
Also, two properties located at Trassaco Valley, an uncompleted residential property and 510 acres of land said to belong to NAM 1 were also frozen by the court.
On January 18, 2021, lawyer for EOCO, Mr Abu Issa, submitted that EOCO and other law enforcement agencies investigated Menzgold and found out that it had engaged in money laundering and other serious offences.
Nana Appiah Mensah popularly known as NAM1, is an alleged fraudster known for starting Menzgold, gold dealership and investment firm that promised customers a 10 percent monthly returns on their investments.NAM1 is also the chief executive officer of Zylofon Media which has signed Ghanaian musicians such as Shatta Wale, Stonebwoy Becca, Joyce Blessing, and Kumi Guitar, and movie stars such as Jackie Appiah, Benedicta Gafah, and Toosweet Annan.
Wednesday January 14, 2026 The Nigerian renowned leadership expert, Rev. Dr. Sam Adeyemi, has challenged…
Tuesday January 13, 2026 Story by George Yawson Vineh The Nungua Stool has strongly condemned…
Chinedu Chukwudinma, Christopher J. Lee and Bettina Engels introduce special issue 186, Volume 52 of…
This radical supplement to the editorial of ROAPE’s Fanon special issue raises awareness of how…
For Immediate Release Date: 8 January 2026 Attended by: _Workers and Socialist Party (WASP), Socialist…
It is about a year since President Mahama launched the "Ghana Reset." In his New…
View Comments
For those considering equity release, HSBC provides a reliable option that adheres to ethical practices. Homeowners can benefit from competitive interest rates and step-by-step assistance. Equity release with HSBC can help you manage your retirement without the need for monthly repayments, as the loan is cleared upon the sale of your home.
Discover how a homeowner loan can help you access the money you need without selling your home. Review lenders and customise a plan that fits your needs.
Uncertain whether a secured loan is right for you? Understand the benefits, such as more favourable terms and increased flexibility.
If you're a homeowner looking to get a loan, a secured loan could be a sensible option. Access better rates by using your home as security.
Considering releasing equity from your home? Compare top lenders and understand your financial responsibilities before making a decision.
Thinking about releasing equity from your home? Compare top lenders and understand your rights and obligations before making a decision.
Thinking about a secured loan to manage your debts? Find out more and check what solutions may be available to you.
Equity release solutions may provide the financial support you’ve been looking for. Learn how to tap into the equity tied up in your home without having to downsize.
Thinking about a loan against your home to consolidate your debts? Explore your choices and check what solutions may be available to you.
Considering releasing equity from your home? Compare top lenders and understand your financial responsibilities before making a decision.