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
-
Absa Bank Ghana names Stephen Ato Frimpong as Board Chair
6 minutes -
Pickford ‘almost caused crash’ with careless driving
8 minutes -
Author and former politician Jeffrey Archer dies aged 86
19 minutes -
No education reform can succeed without teachers – Education Ministry
28 minutes -
Gauff condemns racist abuse after China Open win
44 minutes -
Medvedev disqualified for hitting spectator with ball
53 minutes -
Oliseh scores twice in late comeback win for France
1 hour -
Pentagon stops using Anthropic AI tools after blacklisting company, BBC told
1 hour -
From despair to dance: Family of nurse Salomey Baffoe rejoices after GH¢100k bail granted
2 hours -
Kejetia Phase III pricing talks loom as government moves to restart stalled works
2 hours -
Nchiraa Yam festival: Two killed, 14 injured as police restore calm
2 hours -
I draw inspiration for my songs from Reggae music – Lyrical Joe
2 hours -
AI must not replace human judgment in public spending – BoG Governor
2 hours -
Ghana should withdraw from 2027 AFCON – Kojo Addae Mensah
3 hours -
Team Ghana departs Accra for Angola ahead of Karting Africa Trophy
3 hours