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Tuesday, December 3, 2024
NewsBreaking: NAM1 back in Ghana; under CID interrogation

Date:

Breaking: NAM1 back in Ghana; under CID interrogation

Chief Executive Officer of troubled Menzgold Ghana Limited, Nana Appiah Mensah, aka NAM1 has arrived in Accra. Sources say he is currently in the custody of the CID and is being interrogated.

NAM1 touched down at about 11:00am and has been cleared of all immigration checks

He is expected to be arraigned before Court in the coming days to face charges leveled against him.

NAM 1 was arrested in the United Arab Emirates in December 2018 for allegedly defrauding a business partner.

He was declared a wanted man by a Circuit Court in Accra following similar accusations by some 60,000 persons who invested in his Menzgold firm, which has been described as experts as a Ponzi scheme.

Read: Hope for Menzgold customers as NAM 1 wins appeal case in Dubai

Last week, he was said to have won an appeal against Royal Horizon Diamond in Dubai according to his unofficial PRO, Stanley Kodia aka KOD.

The court also ordered the company to immediately take steps to pay the $39 million debt owed Menzgold.

Several customers of his defunct gold firm have on several occasions demonstrated in Accra, Takoradi and Tarkwa calling on government to intervene and help them retrieve their locked-up cash.

 

Source: theindependentghana

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