Free NAM 1 to run after his money – Menzgold at Interpol

General News on Thursday, April 11, 2019

Source: kasapafmonline.com

2019-04-11

Menzgold Ghana Limited, a distressed gold distribution company, has asked Interpol to release its managing director, Nana Appiah Mensah, better known as NAM 1, to enable her to raise funds to resettle her clients on as quickly as possible.

Menzgold's communications chief, Nii Amarh Amarteifio, said in an interview with Kasapa 102.5 FM that the company had enough funds to deal with the problem of blocked investments.

Nana Appiah Mensah, won her lawsuit in Dubai yesterday.

According to the court's decision, the applicant has one month to appeal the decision. However, according to reports, he was reportedly taken back by Interpol after his acquittal and release by the court following the Red Alert issued by the GoG for his arrest.

NAM 1 was arrested in Dubai in December 2018 following a report to security authorities by a Dubai-based company that it may be linked to a botched gold deal with a Ghanaian company whose One of his officials was known.

He reportedly landed in Dubai in the hope of recovering some $ 39 million owed to Menzgold by Dubai-based Horizon Royal Diamonds DMCC for the supply of gold, but the plaintiff allegedly reversed the case.[NAM 1]hence the legal action against him.

Speaking on Anopa Kasapa on Kasapa 102.5 FM, Nii Armah Amarteifio, representative of the company's PRO, said that the company had the ability to pay off its debts, though NAM 1 had sufficient funds available. Space to pursue customers in Dubai and Madrid. .

For him, the 39 million dollars owed to Menzgold by the Dubai-based company could even cover about 60 percent of their clients' debts in Ghana.

"… We need him[NAM 1] to be free to fight for his money, because the ultimate goal is to know how to make money come and pay customers. I am sorry for our customers, I am well aware of their difficult situation since last August until now; it is not easy. so if there is a case like this and we won and it will give him a chance to fight for his money, I think he should be free to fight for his money. we will have discussions with our CID to order Interpol to release him so that he can recover all his debts and repay his clients in Ghana. "