NAM 1 Wanted...Court Issues Warrant For Arrest Of Menzgold Directors

The Police Criminal Investigations Department (CID) has declared Nana Appiah Mensah, the Chief Executive Officer of troubled gold dealership company, Menzgold, wanted. This was after an Accra Circuit Court issued an order for the immediate arrest of all Directors of the company.

Peacefmonline.com sources say the arrest warrant was signed and issued to the police this afternoon in respect of four main directors of Menzgold; Nana Appiah Mensah, Rose Tetteh, Benedicta Appiah, and Abigail Mensah.

The other three whose names appeared on the warrant document were listed on the registration documents of Menzgold Ghana as Directors and are also relatives of Nana Appiah Mensah who is the main architect of Menzgold. Rose Tetteh is his wife, while Benedicta Appiah and Abigail Mensah are his younger sisters.

They all face charges of defrauding by false pretences.

The court warrant documents stated their offense as “Defrauding by false pretense contrary to section 131 of 29/60” for which reason they were wanted.

The warrant further stated “You are hereby ordered in the name of the President forthwith to apprehend the said Nana Appiah Mensah and produce him before court”.

The arrest warrant numbers 01/19, 02/19,03/19 and 04/19, requires the police to locate and arrest immediately the four persons wherever they are.

Nana Appiah, also called NAM1, has been out of the country since September last year, following agitations by customers of his firm for a refund of their investments.

Worried customers of the company, said to have operated illegally while taking investments in ‘gold’ deposits, have been clamouring for the arrest of directors of the company and the immediate return of their investments.

A section of them, numbering about 500, on Tuesday demonstrated in the Ashanti regional capital, Kumasi, to press home their demands for the intervention of authorities to redeem their monies.

The CID boss also said that the INTERPOL may be requested to effect the arrest of Nana Appiah Mensah wherever he is, if need be.