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General News of Thursday, July 11, 2019
Source: citinewsroom.com
2019-07-11
Nana Appiah Mensah is Managing Director of Menzgold Ghana
Amanda Clinton, a lawyer for Menzgold's injured clients, believes the return of the company's beleaguered CEO will provide relief to her clients.
According to her, she expects the defunct company to prepare a new payment plan in consultation with the government, based on police investigations.
Commenting on the return of Nana Appiah Mensah, Ms. Clinton said the two sides should not give up their efforts to bring the case to an end.
"My next line of action is to see what Menzgold will propose as a payment plan and what he thinks with the government about policing. The police can issue a statement explaining why all these funds were missing, because now NAM will answer the charges and then decide whether to pursue the lawsuits or decide that, if he is willing to pay the money, they will not pursue it properly. now, but we need to know what's happening to this company and we need funds for these clients. "
"So the ball is in the CID camp and the ball in the Menzgold team court to come up with a good plan that satisfies the customers as well as to tell people why they have not been able to pay the monthly amount after the SEC says that no new client could be taken. "
Nana Appiah Mensah arrived in Ghana today [Thursday] and is currently being interrogated by the Criminal Investigation Department (CID) of the Ghana Police Service.
He arrived at Kotoka International Airport where security agents took him to the police headquarters.
Having spent the last six months in police custody in Dubai following a criminal case brought against him by a private company established in that country, an INTERPOL warning notice placed by the Ghanaian government lodged a case against him. also prevented to release the Dubai authorities. of his custody after winning the case in court.
He was declared wanted in Ghana following charges of fraud brought against him by some people who had invested in his gold distribution company, Menzgold, but who had not been receiving dividends or principal for several months.
We want our money
In an interview with Citi News, Frederick Forson, founder of Aggrieved Customers of Menzgold, said the return of NAM1 meant a "giant leap" in the payment of their blocked money.
He said the group hoped that the government's collaboration with the company's CEO would yield positive results.
"This is an important step in the fight to get our money back and the majority of our American customers are very happy that it has finally arrived. I think this will open a new window of hope for customers. Now, the Government of the Republic of Ghana and its leaders can interact with him and know the way forward. We expect the government to engage more productively and ensure that the needs of clients, the majority of clients, are taken into account during interrogations and interactions with them. At the end of the day, our priority is to ensure that our funds are disbursed to us and, no matter what process is underway, the ultimate payment of our funds should result. That's what we ask for, it's our hope and that's what we want to see. "
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