You are here: HomeOpinionsArticles2019 05 28Article 750118

General News of Tuesday, 28 May 2019

Source: starrfm.com.gh

NAM 1 back in court as Dubai firm appeals victory ruling

Menzgold boss, Nana Appiah Mensah Menzgold boss, Nana Appiah Mensah

Deputy Attorney General Joseph Kpemka has disclosed that the plaintiff in the gold case involving Menzgold boss Nana Appiah Mensah has filed an appeal to the ruling that set the Ghanaian businessman free.

He said that explains why the Menzgold boss is still in detention in the United Arab Emirates, and not because the government of Ghana wants him behind bars.

Speaking to the media at Parliament Tuesday, the Tempane MP said NAM 1, as the gold dealer is popularly known, will return to Ghana only after the case is ended.

Charged with fraud over the gold deal business worth $23 million with a UAE company based in Dubai, Mr. Mensah was acquitted and discharged on Tuesday.

According to Starrfm.com.gh sources, the court presiding over the case further ordered the company Mr. Mensah had issues with to pay him all outstanding debts.

Background

A Dubai-based businessman reported Mr. Mensah for fraud in May 2018. Unaware that he was on the Dubai police’s wanted list, Mr. Mensah went to the Emirates with the hope of receiving a huge amount of money due him as a result of his earlier transactions with the Emirati, only to be arrested when he presented his passport to undergo immigration formalities. Over $23 million is involved in the deal.

Several customers of his defunct gold firm have on several occasions demonstrated in Accra, Takoradi and Tarkwa calling on government to intervene and help them retrieve their locked up cash.