Menzgold customers storm court as NAM 1 gets GHC1 billion bail

Aggrieved customers of defunct gold dealership firm, Menzgold Company Limited have stormed the court as the embattled Chief Executive Officer of the firm, Nana Appiah Mensah aka NAM 1 appears in court this morning Friday, July 26th, 2019.

The irate customers wielded placards with inscriptions such as “23 people dead in Menzgold saga”, “suspend criminal charges against NAM 1”, “help NAM 1 to retrieve Dubai money”, “no money for school fees and medical bills”, among others.

The Director of Operations of the Greater Accra Police Command, C/Supt. Kwasi Ofori is leading a team of police officers at the court to maintain law and order.

Nana Appiah Mensah was on 12th July 2019 remanded into police custody after he appeared before the court.

The court granted the order after the police requested for two weeks to enable them complete investigations into allegations against NAM 1, as he is popularly known.

Police say the court process is in pursuance of the cases that have been filed against him by disgruntled Menzgold customers.

The irate Customers contend the mere prosecution of NAM 1 won’t serve their interest in this matter, adding he must be released for him to settle their locked up investments.

At least GH¢200 million of depositors cash is believed to be held up at the collapsed gold dealership firm-Menzgold.