Chief Executive of defunct Menzgold’s claim he won $39m court judgment in Dubai crucial to paying off frenzied customers in Ghana has been doubted.
Legal counsel for some affected clients of the defunct gold dealership firm, Amanda Clinton told JoyNews’ mid-morning TV program, NewsDesk, there is no evidence backing this claim.
“Not even a case reference number of the judgment,” she said and challenged the beleaguered boss to publish evidence of the Dubai judgment celebrated by some clients in Ghana.
NAM1, as he is popularly called, was arrested in Dubai where he has said he went to retrieve money in a gold deal gone bad.
Media reports in July 2019 suggests, a superior court in United Arab Emirates had in June, ordered Nana Appiah Mensah’s former partner, Horizon Diamonds Royal, to refund more than $39m.
NAM1, a wanted man in Ghana, returned to face prosecution for defrauding by false pretence and money-laundering after operating a deposit-taking without a licence.
At his first press conference since his returned, the socialite broke his silence and asked the government to help him get back his unpaid monies in Dubai.
But reacting to this call, Amanda Clinton doubted NAM1’s claimed judgement. She said the Attorney-General is yet to respond to her request for confirmation of the judgment.
“If such document exists then it is for government to pursue the matter because it is a public interest matter,” the legal counsel said.
“It is because there is no evidence that is why they are running around in circles pinning it on government,” she said and called Nana Appiah Mensah a “master marketer”.
Clinton also dismissed the Menzgold CEO’s plea to the government to unfreeze his personal and company accounts to allow him to pay and receive cash.
“I can tell you point-blank that there is very little in that bank account” she claimed the businessman may have taken out all his money.
She explained despite an order to shut down his business, it took at least six months for EOCO to freeze his account.
She explained Menzgold and government could create a sub-account to allow any inflows NAM1 expects which can then be used to pay customers.
She backed the freezing of the accounts and stressed it is important because Menzgold is facing 13 criminal charges including fraud.
She called his press conference an arena for “pure marketing” and observed that “at the end of the day, there was no payment plan”.
- ‘It depends on if I find the right person’ – NSMQ quiz mistress on possibility of another marriage
- Thomas Partey leaves Black Stars camp, set to miss Nicaragua clash
- Global Citizen Festival brings Accra to standstill as social media goes gaga
- Mankessim: Chief in murder case is alive and behind bars – Police
- Ghana is going to have a female president one day – Akufo-Addo
- Putin fires deputy defence chief amid supply failures
- Queen Elizabeth II: Picture of chapel ledger stone released
- Benjamin Amponsah Mensah: Why Ghana must expand the use of natural gas
- Netflix warns viewers about ‘Dahmer’ being ‘too disturbing’
- Roger Federer: 20-time Grand Slam champion retires after Laver Cup loss
- Yaw Tog gifts Stormzy’s mum after Global Citizen Festival showdown
- Super Clash: Kotoko and Hearts share spoils in Kumasi
- My best friend dumped me when I took back my cheating ex
- Governments, fossil fuel companies must be held accountable for climate loss and damages – ICCCAD
- Livestream: Big Chef kitchen is hot; 2 contestants exit tonight
- Ghanaian wins St. Antony’s first ever DAC scholarship
- When the ‘one’ becomes the ‘one who got away’
- Ghana’s public debt was 80% to GDP during Covid-19 pandemic; we’ll help restore macroeconomic stability – IMF
- 12 signs you’re his ‘one that got away’
- Almost 50% of women regret this part of their relationship
- Playback: The Law discusses RTI regime and its challenges
- American Airlines passenger arrested after punching flight attendant
- Italy votes as far-right Meloni looks for victory
- Hwentea support eye, liver health – Study
- Ernest Owusu Bempah: Steve Hanke’s understanding of Ghana’s economic situation not backed by data