NAM1 Announces Protest Demanding $73.8 Million From UAE Over Detention And Debt

Menzgold Ghana, Nana Appiah Mensah, also known as Nam1


  • Nana Appiah Mensah Announces Protest Against UAE Government for Unlawful Detention and Unsettled Debts

Nana Appiah Mensah, famously known as NAM1 and the former Chief Executive Officer of Menzgold, a now-defunct gold dealership firm, has declared his intent to orchestrate a demonstration against the government of the United Arab Emirates (UAE) at their embassies, including the one located in Ghana.

Through a post shared on X on Monday, November 20, 2023, NAM1 disclosed his plan for a protest involving approximately 2000 individuals. The purpose behind this demonstration is to press for a $30 million compensation owed to him due to what he claims was an unjustifiable detention by the UAE government.

In addition to seeking compensation for his detention, NAM1 highlighted that the protest aims to demand $43.8 million in arrears owed to him by an entity within the UAE.

“Brace up friends, for a 2,000-man protest at the UAE embassy in Ghana and elsewhere overseas SOON, to claim a USD$43.8 million dollars (750kg of Gold) owed me and another USD$30 million dollars as compensation, for my unjustifiable detention by the Dubai Police in 2018/2019,” he stated.

NAM1 also shared pertinent documents, including a letter dated June 11, 2018, which he addressed to Horizon Royal Diamond DMCC, a Dubai-based firm, requesting payment related to a gold purchase deal. Moreover, the documents contained information regarding his arrest by the Dubai Police, predominantly written in Arabic.

Recalling previous events, on January 14, 2018, Assistant Commissioner of Police, David Eklu, confirmed the arrest of Nana Appiah Mensah by Dubai authorities. This arrest was made concerning a gold deal that had allegedly gone sour.

“His arrest in Dubai is to facilitate investigations into suspicions that he had involved in a gold trading deal gone bad within the Emirati jurisdiction,” Eklu informed the media.

Subsequently, a court in Ghana issued a warrant for NAM1’s arrest after his gold dealership company, Menzgold, failed to reimburse its clients’ funds.

The unfolding situation continues to draw attention as Nana Appiah Mensah stands resolute in his pursuit of compensation and the outstanding debt owed to him. The planned protest against the UAE government is poised to amplify the spotlight on this high-stakes legal and financial entanglement between NAM1 and entities within the UAE.


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Kwaku Nimako

I am a blogger and a Web Developer. Exclusive News Plus is an all-around news and advertisement platform created by myself and powered by Global Marketers. For any advertisement or promo, please call 0343022271. NB: We offer business listing for free.

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