Just in: Court remands NAM 1

By:brightwebtv.com/nana asare barimah

Embattled Menzgold Chief Executive Officer, Nana Appiah Mensah, popularly known as NAM 1, has been remanded by a Circuit Court in Accra.

Joy News’ Joseph Ackah-Blay reported that four charges have been leveled against him.

He has been charged with two counts of abetment to defraud by false pretence and two counts of abetment to carry out banking business without licence, contrary to Section 6 (1) of the Banks and Specialised Deposit-taking Institutions Act, 2016 (Act 930).

Two of his companies — Brew Marketing Consult and Menzgold Ghana Limited — represented by him, have each been charged with defrauding by false pretence, contrary to sections 20 (1) and 13 (1) of the Criminal Offences Act, 1960 (Act 29).

The two companies have also been charged with carrying out a deposit-taking business without licence, contrary to Section 6 (1) of Act 930.

Also facing the law are his sister and his wife, Benedicta Appiah and Rose Tetteh, respectively, who have been slapped with two counts of abetment to defraud by false pretence and two counts of abetment to carry out banking business without licence, contrary to Section 6 (1) of Act 930. The two women are, however, at large.

Plea by his lawyers led by Kwame Akuffo to grant him bail failed.

The case has since been adjourned to July 26, 2019.

NAM1 arrived at the Kotoka International Airport via Emirates Airline flight EK787 at 10.58 a.m. yesterday and was quickly whisked away by security personnel from Interpol Ghana and the Bureau of National Investigations (BNI).

He was accompanied on the flight by Interpol officials from Dubai, who handed him over to Interpol Ghana officials as soon as he disembarked from the plane.

Source: Adomonline.com