Audio By Carbonatix
Chief Executive of the defunct gold dealership, Menzgold Ghana Limited, Nana Appiah Mensah has been spotted at the Accra High Court court premises this morning.
This comes after Attorney General, Godfred Yeboah Dame filed new charges against him on August 30.
The CEO, popularly known as NAM 1 was flanked by two other individuals in the company of a policeman.
Mr Appiah Mensah has been charged with 36 counts including abetment, defrauding by false pretences, carrying on deposit-taking business without license, unlawful deposit-taking, money laundering among others.
This is a reduction from the initial charges of 61.
The Attorney General commenced the prosecution of NAM 1 in 2019 where he was accused of defrauding thousands of customers through his gold dealership firm over millions of cedis.
The case has witnessed a number of adjournments until fresh charges were filed on Wednesday, August 30, 2023.
The amended charges come after Mr Appiah Mensah announced plans to release locked-up funds to Menzgold customers after payment of roughly GH₵650 for verification.
Subsequently, he reversed the decision to require former clients to purchase a verification Access Card in order to verify transactions and validate claims following strong backlash from his customers and the public.
“Menzgold would cease the production and printing of the PVC Digital Access Cards, which imposes a cost burden,” the defunct company said in a communique.
Speaking on JoyNews’ Newsfile on Saturday, September 2, the lawyer said “there is a lot of hope, I think we have a relatively new AG who is trying to distinguish himself from other AGs.
“So, hopefully that will push him to make a mark, and one of the ways is through a high-profile case such as this.”
Latest Stories
-
Through the Eyes of ‘Ekua’: A foreigner’s tribute to Ghana at 69
25 seconds -
FBI launches terrorism investigation after explosives lit outside NYC mayor’s home
33 seconds -
Police release images of Oslo US embassy explosion suspect
51 seconds -
Monetary policy decisions will be driven by data despite current commodity price volatility – BOG Governor
10 minutes -
International Women’s Day: Prayers for Women to Find Themselves, Grow and Heal
13 minutes -
International Women’s Day Spotlight: Mary Lalako Agboli breaking barriers as an Airport coach driver
19 minutes -
Ghana Link rejects claims of ICUMS outage amid fuel supply complaints
20 minutes -
Hindsight: Why Björkegren’s Black Stars role should not cause problems
41 minutes -
‘Women in Mining Ghana’ inspires next generation at Harvest Christian Academy
43 minutes -
BDCs accused of creating artificial fuel shortage to cash in on March 16 price increases
45 minutes -
NPP Tarkwa–Nsuaem elders rebuke Mireku Duker over registration controversy, demand national intervention
52 minutes -
Gov’t disburses GH¢2.6bn to settle NHIS debts to health providers
56 minutes -
2026 World Cup: GHANSU launches #GhanaIsInTheHouse campaign, pledges 400 supporters for tournament
1 hour -
Rev Dr Grace Sintim Adasi: Championing women’s leadership in faith-based institutions
1 hour -
What is wrong with us? Why do we always wait? Social media, mental health, and Africa’s leadership gap
2 hours
