Audio By Carbonatix
The Attorney-General and Minister for Justice has filed fresh charges against Nana Appiah Mensah, popularly known as NAM 1, the CEO of the defunct Menzgold company.
As a result, all previous charges against him have been withdrawn.
The Director of Prosecution, Yvonne Atakora, explained that amendments to some figures in the case necessitated the filing of new charges, emphasising that this decision was made in the interest of justice.
The case has been adjourned to December 4, 2023, to give NAM1's legal team adequate time to review the new charges.
This adjournment was requested by NAM1's lawyers and agreed upon by the state attorney.
In response to security concerns, the presiding judge has directed the court administration to enhance security measures at the court entrance.
This directive follows an incident in which NAM1's Public Relations Officer (PRO) was reportedly assaulted after a previous court hearing.
Menzgold, which suspended operations in 2018, faced accusations of running a Ponzi scheme, leading to aggrieved customers seeking the release of their funds.
Nana Appiah Mensah is currently on trial for allegedly defrauding over 16,000 people of GH¢1.68 billion.
The government, however, refuted NAM1's claims that he deposited GH¢5 million with the Ghana Police Service, revealing that only GH¢2.5 million was received.
The Ghana Police Service has subsequently deposited this amount with the Bank of Ghana.
Latest Stories
-
Accra turns white as Dîner en Blanc delivers night of elegance and culture
52 minutes -
War-torn Myanmar voting in widely criticised ‘sham’ election
3 hours -
Justice by guesswork is dangerous – Constitution Review Chair calls for data-driven court reforms
3 hours -
Justice delayed is justice denied, the system is failing litigants – Constitution Review Chair
3 hours -
Reform without data is a gamble – Constitution Review Chair warns against rushing Supreme Court changes
4 hours -
Rich and voiceless: How Putin has kept Russia’s billionaires on side in the war against Ukraine
4 hours -
Cruise ship hits reef on first trip since leaving passenger on island
4 hours -
UK restricts DR Congo visas over migrant return policy
4 hours -
Attack on Kyiv shows ‘Russia doesn’t want peace’, Zelensky says
5 hours -
Two dead in 50-vehicle pile up on Japan highway
5 hours -
Fearing deportation, Hondurans in the US send more cash home than ever before
5 hours -
New York blanketed in snow, sparking travel chaos
5 hours -
Creative Canvas 2025: Documenting Ghana’s creative year beyond the noise
9 hours -
We would have lost that game last season – Guardiola
9 hours -
Nigeria reach AFCON last 16 despite Tunisia fightback
9 hours
