The Criminal Investigation Department (CID) of the Ghana Police Service, has said, the Chief Executive Officer of Menzgold, Nana Appiah Mensah is in its custody for investigations following his arrival into the country last Thursday.
DSP Julian Obeng, the Public Relation in a media interaction said, NAM 1 has been remanded in police custody for two weeks.
He will re-appear on the 26th of July, 2019 for further investigations on charges against him: “Money Laundering and Defrauding”.
Meanwhile, the unofficial Public Relations Officer to the CEO, NAM 1, Stanley Kodia popularly known as KOD has disclosed that customers of the company should expect payment soon.
Adding, “if Nana Appiah Mensah is released, Menzgold will commence payments on Wednesday,” Stanley said.
However, Stanley has accused government of its action by keeping NAM 1 in custody as reasons behind the delay for the payment.
He therefore appealed to government to drop the charges against Nana Appiah Mensah to enable him settle customers immediately.
On Stanley’s facebook timeline, “Menzgold payment can start on Wednesday if Government permits!! Pull down the case so payment starts!! Money dey, GOVERNMENT MUST FREE NAM TO PAY!!! Stop wasting customer’s time they are dying”.
NAM 1 had been in custody in Dubai since last year. He recently won his court case against Horizon in the $39 million gold trial.
Meanwhile, Menzgold Ghana Limited has dismissed reports that its CEO Nana Appiah Mensah faces fresh charges in Dubai.
According to the gold dealership, reports by the ABC News that NAM 1, as their CEO is known, has been sued by a Pakistani national over some $1 million dollars, are false and without basis.
In a statement, Menzgold urged the media to be circumspect about reports regarding the company in order to avoid court suit.
The statement also said the CEO does not owe anyone such amount as the paper is suggesting in the publication.
“The attention of the Management of Menzgold Gh Ltd has been drawn to a News Publication by ABCnewsgh.com with the headline ‘MENZGOLD NAM 1 FACES FRESH SUIT IN DUBAI’ that purports to inform the General Public of the opening of a fresh lawsuit against our CEO, Nana Appiah Mensah after his successful Supreme Court ( Appeal) ruling in Dubai on the 4th July 2019, where he was acquitted and discharged of all charges brought against him by the appellant.
The publication by ABC News claimed that Nana Appiah Mensah is to commence what seems to be a process of litigation in an attempt to repay an amount owed to certain individuals in the United Arab Emirates (UAE).
“According to the story, a Pakistani national has sued him over a One Million Dollar ($1m) debt of which our CEO had signed an agreement with this unnamed Pakistani national to settle his indebtedness to him by installment, but the civil court is yet to approve the alleged agreement,” the statement said.
Nyamekye Mac-Jerry/macjerryx@gmail.com/ritefmonline.org
