Sign in
Download Opera News App

News Society

 

Crime Justice

 

Fraud

Arrest NAM1 and two others immediately – Court orders

Nana Appiah Mensah, the Chief Executive Officer of the troubled gold dealership company, Menzgold, is once again in the news - has been ordered by the Adenta Circuit to be arrested for failing to appear before the court to answer charges of defrauding some people.

The court issued the bench warrant for his arrest, alongside two other persons, at its sitting today.

The court had earlier, at its sitting, two days ago, Tuesday, November 2, directed that the three accused persons should appear in court today to answer charges leveled against them, but they did not show up as directed.

The police applied for the bench warrant to arrest the businessman and the two others because they had reportedly refused to cooperate with police investigation into charges filed against them – declined invitation extended to them.

The counsel for the accused persons, Yaw Dankwah, told journalists that his clients were unable to be in court today because they were outside of Accra.

He expressed surprise at the way the police were doing things, pointing out that the Nana Appiah Mensah and the two other accused persons have never been arrested, nor have they given any caution statements to the police. He was therefore finding it difficult to rationalize why the police would go to court with charges against them.

His position is that the police should have served the trio with criminal summons, which they have not. Mr. Yaw Dankwah said they were therefore caught off guard when the charges were read for the first time in court, two days back.

It was this element of surprise sprung on his clients that made him to request that the court adjourned the hearing of the case for two weeks, but the court refused and ordered that they should make an appearance today, November 4.

He said his clients could unfortunately not make it to court as directed because they were outside of the capital city.

It may be recalled that Nana Appiah Mensah was previously dragged to court, accused of swindling 16,000 Menzgold customers of Ghs1.68 billion. He faced 13 counts including defrauding, money laundering, abetment and carrying out deposit-taking business without license.

It has been two years since and it is likely that not every customer has been paid back the money they deposited with the business.

His company, which was engaged in gold trading with members of the general public but the company has been told to pause doing that by the Securities and Exchange Commission (SEC), the regulatory body.

Its business operations involving assaying, buying gold from small-scale gold miners and export of the mineral was not stopped – could continue that line of business operation.

Content created and supplied by: KyeretwienanaOseiBonsu (via Opera News )

Adenta Menzgold Nana Appiah Mensah

COMMENTS

Load app to read more comments