MP accuses Nana Addo of being responsible for Menzgold saga

The Member of Parliament for the Upper West Akim Constituency, Mr. Derek Bekoe has accused president Nana Addo of being responsible for the Menzgold saga.

Mr. Bekoe on Adom FM’s Dwaso Nsem show on Thursday said the government had earlier endorsed Menzgold,.
This he said led to Ghanaians having faith in the firm although the Securities Exchange Commission (SEC) issued warning to the public.

“An endorsement from the boss of the country is the kind any prospective investor will look up to and that was why Nana Appiah Mensah (NAM1)’s business moved up to about 75% so there is no way this government can break the linkage between it and what has happened,” he added.

According to Mr. Bekoe, the endorsement was as a result of the CEO of Menzgold Nana Appiah Mensah’s decision to sponsor the Ghana Premier League in a transaction worth $2million.

Mr Bekoe explained that shortly after finalising that deal, NAM1 visited the presidency where the president commended him for his work.

“I had the singular privilege to welcome Nana Appiah Mensah (NAM1) of Zylofon music and Menzgold to the Jubilee house. It was quite inspiring listening to his success story and his impact on the youth of our country. Ghana is working again,” Mr Bekoe quoted the president to buttress his point.

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