NAM1 case adjourned to June 8

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The case involving Nana Appiah Mensah, or NAM 1, the chief executive officer of Menzgold Ghana Limited, who is accused of defrauding clients out of approximately GHC1.6 billion in deposits, has been postponed till 8 June by an Accra Circuit Court.

The court was consequently requested for a date by Assistant Superintendent of Police (ASP) Emmanuel Haligah, who was acting on behalf of Superintendent of Police Sylvester Asare.

A brief from Kwame Akuffo was in Audrey Twum’s possession for the defendant.

In the last two years, the case has been brought before the court 34 times.

For 61 counts of aiding and abetting, deceiving under false pretenses, conducting a deposit-taking company without a license, making unauthorized deposits, and money laundering, Nana Mensah is on trial.

The charges against the accused have been refuted, and on July 26, 2019, the court granted him bail in the amount of GHS 1 billion with five sureties, three of which had to be justified.

Until the issue is resolved, the court has mandated that he report to the police every Wednesday.

Source: Ghanatodayonline.com

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