The particular Financial and Economic Offences Division of the Accra Higher Court, presided over simply by Justice Afia Serwaa Asare Botwe has granted exhibit permission to the Economic plus Organized Crime Office (EOCO) to sell properties of thought fraudster Nana Appiah Mensah. The order followed the motion filed by EOCO praying the court to permit it to auction the particular properties of the defunct corporation. The companies that will be sold together with its assets include Make Energy, G-Tech Automobile Provider, Zylofon Art Complex, Make Marketing Consult, Star This town Football Club, Zylofon Music plus Media Company Limited. Furthermore, two properties located in Trassaco Valley, an uncompleted residential property and 510 acres of land believed to belong to NAM 1 had been also frozen by the courtroom. On January 18, 2021, lawyer for EOCO, Mister Abu Issa, submitted that will EOCO and other law enforcement firms investigated Menzgold and discovered that it had engaged in cash laundering and other serious accidents. The motion, he mentioned, was premised on Areas 2 and 3 from the EOCO Act, 2010 (Act 804) which gave legislation enforcement agency the power to attempt such action. Nana Appiah Mensah popularly known as NAM1, is definitely an alleged fraudster known for starting Menzgold, gold dealership and investment decision firm that promised clients a 10 percent monthly results on their investments. NAM1 can also be the chief executive officer associated with Zylofon Media which has authorized Ghanaian musicians such as Shatta Wale, Stonebwoy Becca, Joyce Blessing, and Kumi Guitar, plus movie stars such as Jackie Appiah, Benedicta Gafah, and Toosweet Annan. Source: MyNewsGh. com/2022Send your own news stories to [email protected] and through WhatsApp on +233 202452509