Nana Appiah Mensah aka NAM1
The Ghana Police Service has confirmed receiving money from Nana Appiah Mensah, the Chief Executive Officer (CEO) of the defunct gold dealership firm MENZGOLD.
According to the police, the said amount of GH¢2.5 million, has been deposited at the Bank of Ghana.
The service which made the announcement in a statement dated October 24, 2023 said “The Police, on the advice of the Office of the Attorney-General (AG), on Friday, October 20, 2023, received an amount of GH₵2.5 million from the founder of the defunct Menzgold company, Nana Appiah Mensah, popularly known as NAM 1. The said amount has been deposited in the Police Exhibit account at the Bank of Ghana (BoG) for the attention of the Court.”
The police explained that the amount is part of investigations into petitions received from some customers of MenzGold Ghana Company Limited and Brew Marketing Consult Limited, currently before the Accra High Court against suspect Nana Appiah Mensah.
“We would like to state that the decision on the disbursement of the money would be determined by the court,” the police service added in its statement.
The CEO of defunct Menzgold Ghana Limited, was on September 19, 2023 granted bail to the tune of GH¢500 million with four sureties, none to be justified after he was dragged to court for allegedly defrauding his clients.
He was also directed to deposit his passport at the court registry as part of the bail conditions.
This follows his plea of not guilty to 39 counts of fraud and money laundering charges which he is standing trial for together with Menzgold Ghana Limited and Brew Marketing Consult.
By Vincent Kubi