Audio By Carbonatix
The Chief Executive of gold dealership Menzgold has been released from police custody after he met the reviewed bail conditions, Tuesday.Nana Appiah Mensah popularly known as NAM 1 was released a while ago after his lawyers managed to meet the bail conditions set by an Accra circuit court. The court at its last hearing had set bail at ¢1 billion with five sureties. But Nana Appiah Mensah remained in custody as his lawyers were unable to meet the bail conditions. Last week lead lawyer filed an application urging the court to reduce the bail condition to ¢5 million. However, in court Tuesday, the presiding judge ruled that persons who have pledged to take responsibility if Menzgold CEO fails to show up in court to stand trial must no longer show evidence of owning properties worth ¢1 billion.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
Maiden Katon Praise comes off at Accra Sports Stadium on April 17
4 minutes -
Families flock to Luv FM Easter party at Rattray park in Kumasi
20 minutes -
Rural health worker laments overwhelming burden at CHPS compounds
40 minutes -
Katon Meet to stream Accra stadium Katon Praise Concert worldwide
41 minutes -
Gov’t considers exploring local raw materials to stabilise production costs of sachet water prices
1 hour -
Mahama in Paris: Turning Diplomacy into Delivery
1 hour -
Middle East crisis shows Ghana needs to diversify energy sources – Energy expert
2 hours -
Government of Ghana Internal Revenue Generation cannot fund Big Push in Four Years
2 hours -
EPCG Moderator urges leaders to serve with courage and humility in Easter message
2 hours -
The Cobra at the gate: When good intentions overrun the system
2 hours -
Easter service disrupted in Nyanyano as suspected land guards storm church event
3 hours -
Price surge exposing NDC gov’ts dishonesty -Titus Glover
3 hours -
Afigya Kwabre North MP urges Finance and Energy Ministers to submit energy sector report
3 hours -
Deliver quality or face sanctions — GETFund administrator cautions contractors
3 hours -
Kwahu Easter festivities trigger condom shortages; Health teams boost awareness
3 hours