Audio By Carbonatix
Attorney General Godfred Yeboah Dame has filed new charges against the Chief Executive Officer of defunct Menzgold Ghana Limited, Nana Appiah Mensah, alias NAM 1.
The new charges were filed on Wednesday, August 30, 2023.
The court hearing has been scheduled for September 19, 2023.
Mr Appiah Mensah has been charged with 36 counts of offences including abetment, defrauding by false pretences, carrying on deposit-taking business without license, unlawful deposit-taking, money laundering among others.
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 today, Wednesday, August 30, 2023.
The new charges come after Mr Appiah Mensah announced plans to release locked-up funds to Menzgold customers after a payment of roughly GH₵650 for verification.
Read also: https://myjoyonline.com/menzgold-saga-nam-1-backtracks-on-ghs650-for-validation-repayment-plan/
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.
The company said it is resorting to “the printing of the PIN Codes only, for onward distribution at no cost subject to the following conditions, that; Clients with INVALID status may choose to either walk away or still in the face of the one or several of the 10 invalidity status reasons provided, adamantly proceed to seek redress or review of the invalidity determination, which shall come at a fee to avoid the abuse of our time, human and logistics resources.”
















Latest Stories
-
No indisciplined students will be pampered – Education Ministry warns
2 minutes -
GIABA conducts on-site evaluation of Ghana’s anti-money laundering and CFT regime
18 minutes -
CIHRM to enforce strict compliance with HR standards and regulations
18 minutes -
Illegal mining in forest reserves increase to 8,923.8 hectares in 2024 – Survey
20 minutes -
Police uncovers suspected cannabis worth over GH₵1.4m in an impounded truck
22 minutes -
Nkenkaasu SHS Senior Housemaster suspended over alleged misconduct
25 minutes -
Gov’t targets 70% 5G coverage by 2027
25 minutes -
Zimbabwe rejects ‘lopsided’ US health aid deal over data concerns
25 minutes -
Western Railway Line: Ghana’s freight lifeline
27 minutes -
All is set for Rapperholic UK on March 6 at the Royal Albert Hall
47 minutes -
17 NSA recruited staff to reapply in line with Public Service procedure – Ampofo Ankrah
54 minutes -
Ahafo Police arrest 3 over AK-47, suspected robbery plot on Ayomso-Goaso road
2 hours -
Greater Accra leads in cat and dog meat consumption; women form majority — ICS
2 hours -
The crisis of conscience: Why laws alone cannot fix a nation that neglects responsibility
2 hours -
Free primary health care to roll out soon – Dr Asare Bampoe
2 hours
