The Ghana Police Service has disclosed that it has deposited GHC2.5 million, which it received from the founder of the gold dealership company Menzgold, Nana Appiah Mensah, at the Bank of Ghana.
The announcement was made by the service in a press release dated October 24, 2023.
“The Police, on the advice of the Office of the Attorney-General (AG), on Friday, October 20, 2023, received an amount of GHC2.5 million from the founder of the defunct Menzgold company, Nana Appiah Mensah, popularly known as NAM 1. The said amount has been deposited in the Police Exhibit Account at the Bank of Ghana (BoG) for the attention of the Court”, part of the release read.
The release added that the amount is part of investigations into petitions received from some customers of MenzGold Ghana Company Limited and Brew Marketing Consult Limited, currently before the Accra High Court, against suspect Nana Appiah Mensah.
“We would like to state that the decision on the disbursement of the money would be determined by the court,” the police service added in its statement.
There were reports last week that the embattled former CEO had lodged some GHC 5 million with the police to be disbursed among customers.
NAM 1 is standing trial on 39 counts of fraud and money laundering and has since been granted GHC 500 million in bail with four sureties.
