The CEO of the now-defunct gold trading company Menzgold, Nana Appiah Mensah, is facing new accusations after the Attorney General filed a nolle prosequi in the case against him.
The office of the Attorney-General faced criticism last week after many questioned why there hadn’t been much advancement in the prosecution of Appiah Mensah, also known as NAM 1.
Some had also demanded the immediate stoppage of the activities of the company, which had been known to be defunct since their license was revoked in 2018.
This comes after Appiah Mensah announced plans to release the locked-up funds of his irate clients in exchange for a payment of roughly GHc 650 for verification.
His plea has not been entered in a new charge sheet after 36 adjournments in the case that started in 2019. It was claimed that the reason for the delay was the Attorney-General’s office’s failure to render a decision on the docket.
However, in an intriguing turn of events, the Attorney-General’s office has dismissed the original case that was being handled before the circuit court and instead brought fresh charges before the High Court.
Meanwhile, customers of the company have welcomed the government’s decision, saying it will give them justice, while they await their investments without hope.
