Businessman and Chief Executive Officer of MenzGold Nana Appiah Mensah, popularly known as NAM 1 has disclosed that he has never regretted investing in the entertainment industry.

This comment was made at the press conference held at the M&J Grand Hotel in East Legon, which is aimed at addressing the general public most especially customers who have investments with Menzgold.

READ ALSO:  NAM1 wins court case in Dubai: ready to pay all Menzgold Investors-PRO

According to NAM 1, he has no regrets investing in the entertainment industry since it was a business decision. He reiterated that he is a businessman who believes it takes time for businesses to yield benefits and so his investments will bring the desired benefits at the right time.

It can be recalled that NAM1 was accused of allegedly defrauding 16,000 customers of more than GH¢1.68 billion between January 2017 and September 2018.

READ ALSO:  Menzgold customers in Tarkwa demonstrate again

He was also charged with two counts of abetment to defraud by false pretense and two counts of abetment to carry out banking business without a license, contrary to Section 6 (1) of the Banks and Specialised Deposit-taking Institutions Act, 2016 (Act 930).

Get Ghana Latest News in your inbox each morning.

I am Derrick Selikem Vorvor, a communication professional and result oriented gentleman who believes in efficiency and effectiveness. I am a perfectionist. My passion has always been to use communication to accelerate the success of my society.