The Accra High Court is set to expedite the trial of Nana Appiah Mensah, the CEO of the now-defunct Menzgold Ghana Limited, also known as NAM1.
During the Case Management Conference on Tuesday, December 12, Presiding Judge Justice Ernest Owusu-Daapah expressed the intention to conclude the proceedings by March 2024.
Facing 39 counts, including allegations of defrauding customers, selling gold, operating an unlicensed deposit-taking business, and money laundering, NAM1 maintains his plea of not guilty.
The court session also revealed the opportunity for plea bargaining, yet NAM1’s lawyer, Kwame Akuffo, stated that his client has not considered this option.
Director of Public Prosecution Yvonne Atakora Obuobisa confirmed the state’s plan to call 11 witnesses to substantiate their case. The trial is scheduled to commence on December 20, 2024.
Post-court session, Frederick Forson, Spokesperson for the Aggrieved Customers of Menzgold, expressed satisfaction with the court’s handling of the case.