Pursuing against NAM 1 is not the best option for the state – Maurice Ampaw

General News of Friday, July 12, 2019

Source: kasapafmonline.com

2019-07-12

Maurice Ampaw, a private lawyer and active investor in Menzgold, said the government would maintain the option of a lawsuit against the general manager of the gold deal, Nana Appiah Mensah, popularly known as the name of NAM 1, could hinder efforts to settle blocked client investments.

"The way forward is not about prosecution; The best solution is to recover the best investments blocked by customers. We can bring him to trial for bail, but immediately after that, the police should take advantage of the Alternative Dispute Resolution (ADR), an amicable settlement declared by the President of the Supreme Court and promoted by all. courts. , so that all stakeholders can meet NAM 1 and see how it can best mobilize resources to settle its customers, "he told Kasapa 102.5 FM.

The Criminal Investigation Department (CID) of the police department is preparing this morning to bring to justice the CEO of the missing Menzgold Nana Appiah Mensah, aka NAM 1, after arriving in Ghana on Thursday.

He has been detained in Dubai since last year.

He was charged with three counts: money laundering, illegal deposit taking and fraud by false pretenses.

The CID rejected an application for bail of his lawyers.

Speaking on Anopa Kasapa on Kasapa 102.5 FM, attorney Maurice Ampaw hinted that the detention of NAM 1 and his subsequent indictment rested largely on his own safety and protection.

"NAM 1 is not free as we see it; Injured customers could ambush him and injure him on the street if he is allowed to move freely. Just think of the people who have died now, and the agony and pain that people endure because of this Menzgold affair. His security is a problem and he needs state protection even after bail today in court. "

Attorney Maurice Ampaw said it would be in the interests of the troubled gold distribution company to hold meetings with clients across the country so the CEO can reach out to his clients and step up confidence building measures in the meantime.

"They may want to have this relationship with him so that thorny issues are played out in their minds, they will have the opportunity to ask it directly, but out of clbad with a security presence," suggested Maurice Ampaw.

NAM 1 recently won against Horizon in the $ 39 million gold case.

In addition, Menzgold Ghana Limited has rejected reports that its chief executive, Nana Appiah Mensah, is facing new charges in Dubai.