Troubled gold dealership firm, Menzgold has denied media reports its embattled Chief Executive Officer (CEO), Nana Appiah Mensah alias Nam 1 is in fresh trouble.
Communication directorate of MenzGold debunked reports NAM 1 has been sued by a Pakistani in Dubai after winning a case against another company and set to receive some payment
This was in response to news reports suggesting NAM 1 has been sued by a Pakistani he owes in Dubai for $1 million adding that claims by some news portals that Horizon is expected to pay $39 million to NAM 1 is false.
But in a statement issued by the Communication Team of MenzGold, it said the story is false and has no truth in it.
According to the statement, NAM 1 has not been sued and that the reports are part of attempts to smear their CEO with negativity.
The statement therefore urged clients of the Gold Dealership firm to be circumspect in their channels for information.