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

General News of Saturday, January 19th, 2019

Source: citinewsroom.com

2019-01-19

The Ghana Police Service and the Bureau of Economic and Organized Crime revealed that the CEO of the troubled gold trading company, Menzgold, Nana Appiah Mensah, is currently being targeted. charges of crime in Dubai, after which he will be brought to Ghana where he is released. 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 Ghanaian Police Chief Public Affairs Officer David Eklu, NAM 1 was hired by the Ghanaian delegation of security bureaus 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, Menzgold's disgraced general manager was hired by EOCO and Ghana's police service representatives in Dubai and provided a detailed statement to the security agencies, which will be used to investigate the charges of fraud against him by the Ghanaians Menzgold.

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 has already been issued against NAM1 after he found out that he had violated 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.