EOCO secures order to go after all NAM1 properties

The Economic and Organised Crimes Office (EOCO) has secured a court order to seize all properties belonging to the embattled Chief Executive Officer of Menzgold, Nana Appiah Mensah.

A statement by EOCO stated that all persons including employees of affected companies with properties belonging to Mr. Mensah popularly known as NAM 1 must send them to the EOCO office or will constitute a contempt of court.

This comes after the EOCO on January 15, froze some accounts of the embattled Chief Executive Officer of the gold dealership firm.

Following the arrest of NAM 1 in Dubai, a delegation from Ghana left to the United Arab Emirates (UAE), to engage authorities there on the next line of action.

NAM 1’s extradition to Ghana became of interest to Ghanaian authorities after an arrest warrant was issued for him back home, over his company’s inability to pay thousands of Ghanaians their investments.

The Ghanaian delegation, however, failed to negotiate NAM 1’s release after it emerged that he had been charged for misdemeanour in Dubai and would be put before court in that country on February 2.