NAM 1 Menzgold case adjourned to June 8

NAM 1 - rapid news gh

The case of Nana Appiah Mensah, alias NAM 1, Chief Executive Officer of Menzgold Ghana Limited, who is accused of defrauding clients out of approximately GH1.6 billion in deposits, has been postponed until June 8 in an Accra Circuit Court.

After the Police informed the court that they were still awaiting the Attorney General’s recommendation, Mrs. Evelyn Asamoah, the substantive Judge, appeared before the court and postponed the matter.

The court was consequently requested for a date by Assistant Superintendent of Police (ASP) Emmanuel Haligah, who was acting on behalf of Superintendent of Police Sylvester Asare.

Ms. Audrey Twum held a Kwame Akuffo brief for the defendant.

In the last two years, the case has been brought before the court 34 times.

61 counts of abetment, defrauding under false pretenses, operating a deposit-taking business without a license, illicit deposit-taking, and money laundering are the subject of Nana Mensah’s trial.

The charges against the accused have been refuted, and on July 26, 2019, the court granted him bail in the amount of GHS 1 billion with five sureties, three of which had to be justified.

In anticipation of the case’s resolution, the court has mandated that he report to the Police every Wednesday.

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