{"id":586126,"date":"2019-01-17T10:56:49","date_gmt":"2019-01-17T10:56:49","guid":{"rendered":"<br><div>\n\t\t\n<p><strong>Sammy Gyamfi endorsing Menzgold\u2019s activities recently<\/strong><\/p>\n\n\n\n<p>The opposition National Democratic Congress (NDC) is making strenuous efforts to implicate the ruling New Patriotic Party (NPP) in the Menzgold Ghana Limited "},"modified":"2019-01-17T10:56:49","modified_gmt":"2019-01-17T10:56:49","slug":"ndc-blames-npp-for-promoting-menzgold","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2019\/01\/17\/ndc-blames-npp-for-promoting-menzgold\/","title":{"rendered":"NDC Blames NPP For &#8216;Promoting&#8217; Menzgold"},"content":{"rendered":"<p><\/p>\n<div>\n<p><strong>Sammy Gyamfi endorsing Menzgold\u2019s activities recently<\/strong><\/p>\n<p>The opposition National Democratic Congress (NDC) is making strenuous efforts to implicate the ruling New Patriotic Party (NPP) in the Menzgold Ghana Limited scandal that has rocked the country. <\/p>\n<p>The NDC has politicized the issue by<br \/>\ncreating the impression that some top government officials, including President<br \/>\nAkufo-Addo, \u2018endorsed\u2019 Menzgold\u2019s activities, which promoted and convinced<br \/>\npeople to do business with the beleaguered private company.<\/p>\n<p>Currently, millions of dollars of many<br \/>\ncustomers are locked up with Menzgold, which initially claimed it was into gold<br \/>\ncollectibles but reportedly took cash deposits as a result of the mouth-watering<br \/>\nreturns it promised.<\/p>\n<p>The company\u2019s CEO, Nana Appiah Mensah<br \/>\naka NAM1, who is currently in the cooler in Dubai, United Arab Emirates (UAE) for<br \/>\nalleged fraudulent gold deals, has been accused of running a Ponzi scheme in Ghana.<\/p>\n<p>Currently, the Economic and Organized<br \/>\nCrime Organization (EOCO) has frozen all bank accounts of Menzgold, and is looking<br \/>\nfor cash, houses, landed property, among others, of the company.<\/p>\n<p>NDC Communications Officer, Sammy<br \/>\nGyamfi, at a news conference in Accra yesterday, said that the president held a<br \/>\nmeeting with the Menzgold CEO and that gave customers confidence to invest in<br \/>\nsuch a business.<\/p>\n<p>\u201cNAM 1 posted his picture and<br \/>\ncommented on his business successes with President Akufo-Addo on his Facebook<br \/>\nwall, advertising himself with the president.\u201d<\/p>\n<p>\u201cThe Menzgold problem is largely the<br \/>\ncreation of Nana Akufo-Addo government. This is because of the many overt acts<br \/>\nof endorsement and advertisement of Menzgold and its CEO, Nana Appiah Mensah,<br \/>\nalso known as NAM1, by the president and his appointees. They are inextricably<br \/>\nlinked to the present predicament of Menzgold customers.<\/p>\n<p>\u00a0\u201cUndoubtedly, the open endorsement of NAM1 and Menzgold by this government greatly enhanced the credibility and legitimacy of Menzgold in the eyes of the general public and encouraged many people to invest with the company even after the Bank of Ghana (BoG) had cautioned against it,\u201d Mr. Gyamfi added.<\/p>\n<p><strong>By Melvin Tarlue<\/strong><\/p>\n<\/p><\/div>\n<p>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a style=\"display:none\" rel=\"follow\" href=\"http:\/\/megatheme.ir\/\" title=\"\u0642\u0627\u0644\u0628 \u0648\u0631\u062f\u067e\u0631\u0633\">\u0642\u0627\u0644\u0628 \u0648\u0631\u062f\u067e\u0631\u0633<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Sammy Gyamfi endorsing Menzgold\u2019s activities recently The opposition National Democratic Congress (NDC) is making strenuous efforts to implicate the ruling New Patriotic Party (NPP) in the Menzgold Ghana Limited scandal that has rocked the country. The NDC has politicized the issue by creating the impression that some top government officials, including President Akufo-Addo, \u2018endorsed\u2019 Menzgold\u2019s [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":586127,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-586126","post","type-post","status-publish","format-standard","has-post-thumbnail","category-politics"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>NDC Blames NPP For &#039;Promoting&#039; Menzgold - Ghanamma.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ghanamma.com\/2019\/01\/17\/ndc-blames-npp-for-promoting-menzgold\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"NDC Blames NPP For &#039;Promoting&#039; Menzgold - Ghanamma.com\" \/>\n<meta name=\"twitter:description\" content=\"Sammy Gyamfi endorsing Menzgold\u2019s activities recently The opposition National Democratic Congress (NDC) is making strenuous efforts to implicate the ruling New Patriotic Party (NPP) in the Menzgold Ghana Limited scandal that has rocked the country. The NDC has politicized the issue by creating the impression that some top government officials, including President Akufo-Addo, \u2018endorsed\u2019 Menzgold\u2019s [&hellip;]\" \/>\n<meta name=\"twitter:creator\" content=\"@ghanamma\" \/>\n<meta name=\"twitter:site\" content=\"@ghanamma\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Ghana News\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2019\\\/01\\\/17\\\/ndc-blames-npp-for-promoting-menzgold\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2019\\\/01\\\/17\\\/ndc-blames-npp-for-promoting-menzgold\\\/\"},\"author\":{\"name\":\"Ghana News\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2019\\\/#\\\/schema\\\/person\\\/53d06a757a4242f113d200e3c290c036\"},\"headline\":\"NDC Blames NPP For &#8216;Promoting&#8217; 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