The Chief Executive Officer of troubled Menzgold Ghana Limited, Nana Appiah Mensah, aka NAM1 has arrived in Accra today.
His return to Ghana marks an end to months of being wrongfully incarcerated in Dubai, the United Arab Emirates where he had gone in pursuit of his company’s funds in December 2018.
When NAM1 arrived in Ghana, he was reportedly quickly whisked away to the Ghana Police Service CID head office where he is being interrogated.
Only last week, a Dubai court ordered Horizon Royal Diamonds to pay within three weeks, an amount of $39 million plus compensation for wrongful incarceration to NAM1 following a gold business deal between Menzgold and Horizon Royal.
The order followed an unsuccessful appeal by Horizon against an earlier ruling of the high court to pay NAM1 his due for the supply of gold.
Thousands of customers of Menzgold whose investments have been locked up with the company following the revocation of its operations have been waiting with bated breath for Horizon to make good its liabilities to enable them to receive their funds.