Just as speculated, it has emerged that Nana Appiah Mensah, aka NAM1 is not the owner of Menzgold Ghana Limited.

Business documents released to the media bear the name of the late Baffour Gyawu and his late parents.

According to information available to your number one website, Baffour Gyawu took over the company after the death of his parents and he also died without leaving a will.

Nana Appiah Mensah, his wife and sister have no shares in Menzgold and they happen to be just employees of the firm, not even top management officials.

Death certificates released to the media show that indeed Baffour Gyawu and parents passed on.

It has not yet been established if the state will prosecute the dead for the loss of investors funds.

Plans are underway to prosecute the ghosts and their properties would be sold to pay investors. NAM1 goes free.