Chief Executive Officer (CEO) of Menzgold, Nana Appiah Mensah, has rubbished reports that he skipped bail to Dubai when the Security and Exchange Commission and the Bank of Ghana folded up his business and accused him of defrauding his customers in the gold collectible trade.

The reports said NAM1, as he is popularly called, was first invited in October 2018 for questioning at the Economic and Organised Crime (EOCO).

He said he was later picked up by the Bureau of National Investigations where he was granted bail under certain conditions.

The media reports continued that he jumped his bail condition and relocated first to Nigeria through the Togo Border and then to South Africa where his family was waiting for him.

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Gabby Asare Otchere-Darko, a leading member of the New Patriotic Party, even suggested in a Facebook post that, Nam1 was arrested but breached his bail condition and absconded.

But, Mr Mensah has described the reports as false, saying he informed the EOCO of his whereabouts though he wasn’t under a travel ban.

According to him, he left Ghana to chase his money in Dubai to pay back his customers.

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I didn’t escape from Ghana to Dubai. I went to certain places in Africa, all in pursuit of debt recovery. I went to Europe and Asia. I did not escape. I Nana Appiah Mensah didn’t jump bail. The EOCO invitation and the self-recognisance bail wasn’t tied to a travel ban.

“The day before I would depart, I don’t want to commit anyone, but I informed the EOCO. I signed in at their front desk. I didn’t escape Ghana to Dubai,” he said to the press on Monday, August 19, 2019.

Source: | Dennis K. Adu