NAM 1 case: Prosecution pleads more time, adjourned to May 16

A Circuit court in Accra has adjourned the case involving the CEO of the defunct Gold dealership firm, Menzgold, Nana Appiah Mensah popularly called NAM 1.

This was after the prosecution asked for more time to do the needful.

During court proceedings on Monday, April 4, 2022, DSP Sylvester Asare noted that his outfit needed additional time to be able to do the needful.

The court presided over by Her Honour Mrs Evelyn Asamoah, after listening to both sides, adjourned to May 16, 2022.

At the last sitting on February 21, the prosecution led by DSP Sylvester Asare prayed the court for adjournment since they had not received the case docket from the AG’s Department.

This made the accused’s lawyers led by Alexander Owusu Junior ask for the striking out of the charges indicating that the prosecution seemed not ready to prosecute the case.

Nana Appiah Mensah has since 2019 been standing trial on charges including defrauding by false pretences.

He was initially charged with 14 counts of abetment of crime, defrauding by false pretences, carrying on a deposit-taking business without a licence, sale of minerals without a licence, unlawful deposit-taking, and money laundering. His charges were subsequently amended to 61.

Nana Appiah Mensah is alleged to have taken an amount to the tune of GH¢1.6 billion from customers.

In July 2019, NAM 1 was granted bail after he was arrested upon his return to the country from a Dubai trip and granted bail to the tune of GH¢ 1 billion cedis with five sureties, three of which were be justified.

He has since pleaded not guilty to all initial charges levelled against him.