Maverick Brong Ahafo Regional First Vice Chairman of the governing New Patriotic Party (NPP), Kwame Baffoe popularly known as Abronye DC has descended heavily on the opposition National Democratic Congress (NDC) for labeling President Akufo-Addo as ally of the embattled Chief Executive officer (CEO), Menzgold, Nana Appiah Mensah.

A viral photograph that shows President Addo Dankwa Akufo-Addo in a warm handshake with Nana Appiah Mensah has been cited by some members of the NDC as proof that the presidency endorsed the controversial business activities of Mr Mensah (popular known as NAM 1) who is currently declared a wanted man.

ALSO: Video: Bulldog slams gov’t; begs NAM1 to return to Ghana

An arrest warrant has been issued by a court for NAM 1, his wife and sister after the investment firm failed to pay investors’ capital and dividends.

But reacting to the issue, on Adom TV’s Morning Show “Badwam” on Friday, Abronye DC emphasized the President never endorsed the operations of Menzgold as being purported.

“Sometimes I wonder why the NDC make useless allegations and claim Akufo Addo is defending Menzgold and NAM1. They are only disgracing themselves. So if President is indeed in bed with NAM1 as you claim, why then would they issue a warrant to arrest him?”

LISTEN: Audio: Parliament can’t help you – MP to Menzgold

He however emphasized the NDC could have stopped the operations of Menzgold but overlooked it.

“In any case, that guy started his business way back in your era but you refused to stop him and now you are claiming the president is his friend and has shares in Menzgold. They should just shut up and allow the laws of the country to work” he stated.

According to Abronye DC, Bank of Ghana and Security Exchange Commissions (SEC) couldn’t just sit and watch Nana Appiah Mensah use his Menzgold abuse the system and end up like DKM.

READ: Five member committee inaugurated to investigate deadly Chereponi clashes

Abronye DC also revealed that SEC had no choice but to clamp down on Menzgold to ensure investors’ money are safe and another “DKM” won’t be repeated.

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