Nana Appiah Mensah Was Reportedly Arrested Last Year

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Nana Appiah Mensah

It has emerged that owner and chief executive of embattled gold-dealership Menzgold Ghana Limited, Nana Appiah Mensah, was arrested but somehow managed to escape.

Thousands of customers of the company who have had their investments with the firm locked up, have for months questioned why Nana Appiah Mensah has not been arrested over alleged breaches of the law.

A series of pickets and demonstrations by aggrieved customers have been held mostly in Accra and Kumasi, where a lot of them invested their monies for what has been described as outrageous interests.

The customers say they have petitioned President Nana Akufo-Addo and the Finance Minister but have since not had any favourable response from them.

On the back of the latest demonstration Tuesday in Kumasi which nearly resulted in the burning of the company’s building at Amakom, private legal practitioner Gabby Asare Otchere-Darko has revealed Mr. Appiah Mensah was arrested.

Mr. Otchere-Darko who is close to the Presidency and deemed as a powerful figure in the government claimed Mr. Appiah Mensah, popularly known as NAM1, jumped bail and absconded but did not say when and how it happened.

He posted on Facebook Tuesday night: “I understand the owner of Menzgold, Nana Appiah Mensah, has breached his bail condition and absconded”.

Unconfirmed reports suggest Nana Appiah Mensah who was seen as an influential person in the country until his debacle, is said to be hiding in South Africa.

Mr. Otchere-Darko indicated that he does not subscribe to the notion that state funds be used to settle the more than one million customers of Menzgold, hence everything must be done to ensure he is re-arrested.

“While, I will not want a pesewa of my tax money to be involved with this ponzi matter, I believe majority of Ghanaians will agree with me that the law must come down heavily on those who use such schemes to destroy the lives of many people,” he stated.

He said “We can’t allow those who allegedly dupe people with such impunity to get away with it that easily. Let’s smoke them out, wherever they are, and throw the book at them!”.

Source: 3News

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