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General News of Tuesday, 20 August 2019

Source: My News GH

My jail term in Dubai was harrowing, daunting, terrific and horrific – NAM 1

Embattled Chief Executive Officer (CEO) of Menzgold, Nana Appiah Mensah alias NAM 1 has described his period of incarceration in Dubai as harrowing, daunting, terrific and horrific experience.

Addressing the media for the first time since he arrived in the country, the owner of the gold dealership firm said the inhumane treatment made him ill.

“While my detention in Dubai was a harrowing, daunting, terrific and horrific experience, I am grateful to God because I feel very refined,” he disclosed at the briefing covered by

He commended customers for their patience and promised he is working round the clock to have their locked up cash paid to them with an appeal to government to support him retrieve about $39 million dollars owed him in the United Arab Emirates.

NAM 1 has been charged for defrauding by false pretence and two counts of abetment to carry out banking business without licence, contrary to Section 6 (1) of the Banks and Specialised Deposit-taking Institutions Act, 2016 (Act 930).

Two of his companies — Brew Marketing Consult and Menzgold Ghana Limited — represented by him, have each been charged with defrauding by false pretence, contrary to sections 20 (1) and 13 (1) of the Criminal Offences Act, 1960 (Act 29).

He has however pleaded not guilty to all the charges levelled against him and was granted bail by an Accra Circuit Court presided over by Jane Helen Akweley in the sum GH¢1 billion with five sureties two of whom must be justified.

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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