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General News of Tuesday, 9 April 2019

Source: classfmonline.com

NAM1 free; court orders Emirati businessman to pay him

The CEO of Menzgold, Nana Appiah Mensah, popularly known as NAM 1, has won his court case in Dubai.

The court, on Tuesday, 9 April 2019, ordered Horizon Diamonds, the said company which had issues with the embattled Menzgold CEO, to pay him all outstanding debts, a source told ClassFMonline.com.

NAM 1 has been in the custody of the Dubai authorities since November 2018 over a gold deal that went bad.

He was charged with fraud.

Mr Mensah went to the Emirates to receive a huge amount of money to pay clients of Menzgold who have had their investments locked up with the company only to be arrested by the Dubai authorities.