Government to help repay Menzgold's customers by selling the assets seized from NAM 1

General News on Tuesday, January 22, 2019

Source: mynewsgh.com

2019-01-22

While the government is firm in its decision not to use a single penny of Ghanaian taxpayers' money to pay Menzgold's injured customers, MyNewsGh.com is reliably informed that the government has made the decision to regain all the badets and personal investments of Nana Appiah Mensah. refund customers a certain percentage of their investment.

In the coming days, EOCO will ask the court for permission to sell some of these badets in order to repay a percentage of the investment from Menzgold's customers.

The Office for Combating Organized and Economic Crime was responsible for monitoring the properties acquired by NAM 1 and, to date, EOCO has seized a number of lands in privileged areas in Accra, Kasoa and Prampram; including six luxury homes and 43 cars, including Mitsubishi Pajeros, Range Rovers, Mercedes-Benz, Toyota Land Cruiser V8.

EOCO revealed that some of the properties and cars that they originally thought belonged to NAM 1 were later discovered to have been leased, the details of these properties are fragmentary.

Since January 10, 2019, a total of six bank accounts have been blocked by EOCO, two of these accounts having relatively large balances.

Sources said that prominent and less prominent political and social figures in Ghana had taken personal loans from NAM 1 for which he had charged his mother, Eve Brew and her sisters, to continue and recover. EOCO should inquire about other details once they have access to NAM 1 or its siblings.

His mother, who was not a wanted person, stays in the country but refuses to cooperate with the investigative agencies.

NAM1, as its name suggests, reportedly left Ghana in December 2018 to "chase" $ 31 million of debt, but was later arrested in the United Arab Emirates (UAE) for an alleged scandalous $ 51 million deal. dollars involving an Emirati company named Horizon Royal. Diamonds.

According to Joseph Dindiok Kpemka, Deputy Attorney General, NAM1 was arrested in Dubai on December 7, 2018, as part of the alleged fraud case.

Kpemka led a Ghanaian security delegation to the UAE to meet with NAM1 recently.