Nana Appiah Mensah

Even before embattled Chief Executive Officer (CEO) of Menzgold Ghana Limited, Nana Appiah Mensah was processed for court on Friday, legal practitioner and political critic, Dr Maurice Ampaw pleaded with the police to drop charges against him.

According to Dr Ampaw, for NAM 1, as he is popularly called, to cough out about GH¢200m to settle his customers, the court must allow out of court settlement.

“How many customers does Menzgold have? We are in a week of out of court settlements and you have our police taking NAM 1 to court. How do you expect him to pay us when you keep dragging this issue? I’m pleading with the court to drop the charges and allow out of court settlement,” he told Accra based Okay FM, monitored by

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Mr Mensah spent Thursday night in police cell after he was declared wanted in January this year.

This was after the embattled CEO was picked up by the Criminal Investigations Department (CID) on the tarmac of the Kotoka International Airport when he disembarked from an Emirate flight.

He was driven straight to the CID headquarters to be charged.

He had been in custody in Dubai since last year but he recently won his court case against Dubai-based gold dealership firm, Horizon in the $39 million gold trial.

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Addressing journalists on Thursday, Head of Public Affairs of the Police CID, DSP Juliana Obeng confirmed that NAM 1 was in the custody of the CID following an Interpol alert issued for him.

But, the legal practitioner, who has been a Menzgold customer for the past four years, could not fathom why the government was playing politics with the issue when it had said it won’t interfere in the matter.

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“Even if Menzgold customers didn’t listen to advice and now our monies have been locked. Why can’t you understand as government and protect our interest? I blame government for NAM 1’s arrest in Dubai. If they had not taken that posture, he wouldn’t have been arrested in Dubai. Now that he is in Ghana, why should you process him for court?

“It is about time we lobby the government and convince him so we get our monies back,” he stated.

Source: | Dorcas Abedu-Kennedy