Menzgold CEO arrives in Ghana today

kwahuonlineradio July 11, 2019 0
Menzgold CEO arrives in Ghana today

Chief
Executive Officer of troubled Menzgold Ghana Limited, Nana Appiah
Mensah, aka NAM1 is expected to arrive in Accra by 11am today, July 11
via Emirates Airlines after months of wrongful incarceration in Dubai,
United Arab Emirates where he had gone in pursuit of his company’s funds
in December 2018.

His
lawyer, Kwame Akuffo confirmed Nana Appiah Mensah’s arrival today in a
brief chat with Graphic Online but said he was unable to discuss the
circumstances of his arrival.

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.

Police CID sources have also confirmed security operatives would be accompanying him to take him to court to secure his custody pending investigations into alleged offences.
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.




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