- Menzgold's win in the case with Horizon Royal Diamonds has been upheld
- According to NAM1, the Dubai Supreme Court has quashed a petition by Horizon Royal to overturn the earlier ruling
- NAM1 announced the new development on social media on Thursday, September 26
The Dubai Supreme Court has reportedly thrown out a case brought against Nana Appiah Mensah aka NAM1 and his Menzgold by Horizon Royal Diamonds, YEN.com.gh has learnt.
NAM1 and his Menzgold have been battling Horizon Royal in the court since the beginning of 2019 after the Menzgold boss was arrested in Dubai in December 2018.
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The court had given a verdict in favour of NAM1 and Menzgold mandating Horizon Royal to pay sums it owed Menzgold.
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Not pleased with the court's decision, Horizon Royal appealed at the Supreme Court in Dubai for an overturn of the earlier decision.
But in a post on his social media handles, NAM1 indicated that the case has been finalised and the court rule in his favour.
According to NAM1, Horizon Royal's petition to the court to review the earlier decision in favour of Menzgold has now been quashed.
Sharing the news, NAM1 ended with a hashtag which suggested that the road was clear now for the payment of depositors' money.
“Horizon Royal Diamond DMCC’s Supreme Court review of the Menzgold acquittal and discharge, by the Dubai first instance and Appeals Court has been thrown out today by the Dubai Supreme Court. WE BLESS GOD?. #RoadClearNow #Good2Great #Water2Wine#GhanaShallProsper?”, he wrote.
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News of NAM1's victory comes after he recently assured customers of paying their deposits soon. In a post on social media, NAM1 said Menzgold is “preparing actively” to settle all customers.
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