President Nana Akufo-Addo’s cousin, Gabby Asare Otchere-Darko, has denied claims on social media that he has shares in gold dealership firm Menzgold Ghana Limited.
In a tweet, Mr Otchere-Darko said: â€œI have no shares in Menzgold or any company linked to NAM1. Iâ€™ve never been a client of Menzgold and would certainly not have put a pesewa in any such scheme. Not my style. In fact, Iâ€™ve never even met the man, Nana Appiah Mensah, or had a sniff of any cash linked to him. Zero!â€
The embattled company has not been able to pay its thousands of clientsâ€™ extra values and principals since August 2018 after Ghanaâ€™s Securities and Exchange Commission (SEC) shut it down over regulatory infractions.
Several demonstrations from frustrated clients have led Ghanaian authorities to issue a warrant for the CEOâ€™s arrest.