Attorney-General Godfred Yeboah Dame has assured customers of the now-defunct Menzgold Ghana Limited that justice will be served.
He made this statement at the 40th International Symposium on International Crime, where he highlighted the government’s commitment to ensuring that those who defrauded innocent investors are held accountable.
He said, “I am happy to state that after painstaking investigations, criminal prosecutions have commenced against the perpetrators and, by the grace of God, justice will be served to the victims.” He added that transparency is the bedrock of integrity.
The Attorney General provided this reassurance in response to the submission of a fresh charge sheet at the High Court.
CEO of Menzgold Nana Appiah Mensah, popularly known as NAM1, is facing a total of 39 charges, encompassing a range of offences such as fraudulent misrepresentation, unlicensed gold trading, and money laundering.
The latest charge sheet, filed on August 30, 2023, presents a total of 39 charges against NAM1, as well as his companies, Menzgold Company Limited and Brew Marketing Consult Limited.
This charge sheet, identified by case number CR/0411/2023, bears the signature of the Director of Public Prosecution (DPP), Yvonne Atakora Obuobisa.
Among the 39 counts are the following: one count for the sale of gold, which contravenes section 99 (1) of the Minerals and Mining Act, 2006 (Act 703); one count for operating a deposit-taking business without a licence, in violation of section (1) and 22 (1) of the Banking and Specialized Deposit-Taking Institutions Act, 2016 (Act 930); and one count for inducing investment, contrary to section 344 of the Companies Act, 2019 (Act 992).
Additionally, there are 22 counts for defrauding by false pretence, as outlined in section 131 (1) of the Criminal Offences Act, 1960 (Act 29); seven counts for fraudulent breach of trust, as defined in section 128 of the Criminal Offences Act, 1960 (Act 29); and seven counts for money laundering, in violation of section 1(2)(a)(i) of the Anti-Money Laundering Act, 2020 (Act 1044).
This development follows over 36 court appearances spanning nearly four years by the accused person at the Circuit Court, all while awaiting the Attorney-General’s advice on the case.
Meanwhile, NAM1 is expected to make his first appearance in court on September 19 this year.