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
-
Adamus rejects lease revocation, cites breach of due process
22 minutes -
Ho MCE inaugurates market committee to boost revenue
34 minutes -
Police arrest suspected hardened armed robber
41 minutes -
Man, 23, sentenced over defilement
45 minutes -
Court remands mason over stepdaughter’s defilement
50 minutes -
Vice President presents sanitary pads to some schools in Upper West
54 minutes -
Energy Minister will today address nation on developments in electricity sector
57 minutes -
Low school turnout marks the first week of reopening in Nkwanta enclave
58 minutes -
Wa East among first 50 districts for Farmer Service Centres
1 hour -
Over 20,000 candidates to write 2026 BECE in Bono East Region
1 hour -
Firefighters rescue security man from devastating inferno in Sunyani
1 hour -
Experts outline path to legal cannabis market in Ghana
1 hour -
GAF rallies support to tackle military housing deficit
1 hour -
ECG inspects four major system upgrade projects in Kumasi
1 hour -
Mahama praises Julius Debrah for loyalty, kindness at 60th birthday thanksgiving
1 hour