Menzgold Saga: police will inform Ghanaians later this week

General News of Monday, January 28, 2019

Source: citinewsroom.com

2019-01-28

The Ghana Police Service revealed that some members of the leadership of the late Menzgold Ghana Limited had been invited to the Criminal Investigations Department to have their statements heard on their roles leading to the bankruptcy of the company.

The Secretary General of Public Affairs of the Ghana Police Service, David Eklu, told Citi News that a press briefing would be held later in the week to inform Ghanaians of progress made in the recovery of capital investments from Menzgold. customers.

"I know that company officials have been invited to IDC headquarters and made statements. There could be a scrum on this case every day between Monday and Friday, "said ACP President David Eklu.

The planned press briefing follows the pressure mounted on the police to inform the public of the situation of the wife and sister of NAM 1, who were cited in the arrest warrant.

He also explained that the content of the information meeting comes in part from information retrieved during the interrogation of certain members of the management of the gold distribution company.

NAM 1 arrest: Ghanaians need to know what happened in Dubai – Ablakwa

The minority in Parliament calls for full disclosure of the events that took place during a recent government delegation to the United Arab Emirates for the possible extradition of Menzgold Boss, Nana Appiah Mensah.

According to minority foreign affairs spokesman Samuel Okudzeto Ablakwa, details such as the government officials from the Emirati side met with the delegation of the country, the level of diplomatic talks between the two countries and the role of Ghana's mission in the country. The UAE, which solves the current problems, is all essential information that Ghanaians need to know.

Mr. Samuel Okudzeto Ablakwa also accused the government of causing financial losses to the state by funding recent trips by some EOCO members and Ghanaian police to the United Arab Emirates to collect a statement from NAM 1.

"Full disclosure is very important when you have said across the country that you have made a delegation and are going to meet your counterpart in Dubai and that you would be using diplomacy to try to send NAM 1 back to Ghana. As we speak, so many days after their return, without briefing to the Ghanaian public, we do not know what officials we have met there … Do not forget that this is a country where we have a complete mission. We have an ambbadador, Alhaji Ahmed Ramadan, and if that was just going to take a statement from NAM 1; the mission could have done it ".

"What you have undertaken now, leading a high-level government delegation and coming back without telling us if you meet your counterpart in the UAE, can only cause a financial loss and wastage of taxpayers' money."

NAM1 will not travel to Ghana before the end of the trial in Dubai – Police

The Ghana Police Service and the Bureau of Combating Organized and Economic Crime revealed last week that Nana Appiah Mensah, CEO of the troubled gold trading company Menzgold, is currently being investigated. Charges in Dubai, after which he will be brought to Ghana when he is released. of all the charges against him.

According to the joint statement signed by the Ghana Police Service and EOCO, the next Nam 1 hearing will take place on 2 February 2019.

In the statement, signed by the Ghana Police Chief Public Affairs Director David Eklu, NAM 1 was hired by the Ghanaian delegation of security offices and legal representatives sent to Dubai to follow up on its mandate. 39; stop. broke out that he had been arrested in Dubai.

"The Ghanaian delegation understands that Mr. Mensah faces charges of petty crime in the United Arab Emirates and will be made available to Ghana in the final decision on his case in the United Arab Emirates. His case is expected for the court on February 2, 2019, "reads the statement.

According to the statement, the disgraced Menzgold general manager was hired by EOCO and the Ghana Police Service representatives in Dubai. Menzgold.

Context

Hundreds of Ghanaians are unable to recover their investments in Menzgold, and some have gone to court to seek redress.

That's after the Securities and Exchange Commission, SEC, asked Menzgold to stop trading because it was illegal. The company has since struggled to pay its customers, giving credence to suggestions that it was running a Ponzi scheme.

An arrest warrant was issued against NAM1 after he found out that he had breached his bail conditions and fled the country. Although he was arrested in Dubai during the first week of December 2018, the news of his arrest was known in early January 2019, after the issuance of the warrant.

His arrest in Dubai would be linked to a multi-million dollar gold market.