- Chief Executive Officer of troubled Menzgold Ghana Limited, Nana Appiah Mensah, aka NAM1 is has arrived in Accra
- According to reports, he arrived at 11am today, July 11 via Emirates Airlines after months of wrongful incarceration in Dubai, United Arabia Emirates
- He was said to have traveled to Dubai where he had gone in pursuit of his company’s funds in December 2018.
Embattled CEO of gold dealership firm Menzgold Ghana Limited, Nana Appiah Mensah has arrived in Ghana today, July 11, 2019.
According to a live video sighted by YEN.com.gh on Myjoyonline.com, the embattled CEO was seen been escorted out of the airport to a car.
His lawyer, Kwame Akuffo confirmed Nana Appiah Mensah’s arrival today in a brief chat with Graphic Online but said he was unable to discuss the circumstances of his arrival.
Police CID sources have also confirmed security operatives would be accompanying him to take him to court to secure his custody pending investigations into alleged offences.
Mr. Akuffo said he was not aware of any such arrangements that the Police CID will be accompanying him.
Only last week, a Dubai court ordered Horizon Royal Diamonds to pay within three weeks, an amount of $39 million plus compensation for wrongful incarceration to NAM1 following a gold business deal between Menzgold and Horizon Royal.
The order followed an unsuccessful appeal by Horizon against an earlier ruling of the high court to pay NAM1 his due for the supply of gold.
Thousands of customers of Menzgold whose investments have been locked up with the company following the revocation of its operations.
The customers have been waiting with bated breath for Horizon to make good its liabilities to enable them receive their funds.
The Menzgold saga has been a sad one as customers have reportedly gone through tough times since the company was asked by SEC to shutdown.
Yenkasa: What Do You Think of Parliament's Intention to Construct a New Chamber? | #Yencomgh
Have national and human interest issues to discuss?
Know someone who is extremely talented and needs recognition?
Your stories and photos are always welcome. Get interactive via our Facebook page.