NAM 1 will settle customers soon – Ghana Consul in Dubai

Ghana Consul General in Dubai, Gifty Bukari has revealed that embattled CEO of defunct gold dealership firm Menzgold, Nana Appiah Mensah aka NAM 1, intended looking for money to pay aggrieved customers in Ghana prior to his re-arrest by INTERPOL in Dubai.

NAM 1 is being held for a misdemeanour charge over a US$23-million deal gone bad. On the 4th of March, 2019, he was granted bail but due to the red alert notice on him, he was rearrested on the instructions of Interpol.

A Dubai-based businessman reported Mr Mensah for fraud in May 2018. Unaware that he was on the Dubai police’s wanted list, he went to the Emirates with the hope of receiving a huge amount of money due him as a result of his earlier transactions with the Emirati, only to be arrested when he presented his passport to undergo immigration formalities.

The Director-General of the Criminal Investigations Department (CID) of the Ghana Police Service at a press briefing last week revealed that Nana Appiah Mensah cannot be extradited to Ghana now even though he is on bail in Dubai.

According to the CID Boss, NAM 1 can only be brought to Ghana after the completion of his trial in UAE.

There have been several demonstrations by aggrieved customers demanding for the release of locked up investment with Menzgold.

Speaking to Akwasi Nsiah on Kasapa News, Ghana Consul General in Dubai, Gifty Bukari stated that her briefing from the Officer in charge of consulate issues who has keenly followed the NAM 1 case suggest the latter is hopeful of settling his indebtedness to the customers.

“When NAM 1 had the bail my briefing is that he planned to look for monies to come down to Ghana and pay the teeming customers but Interpol was also on his neck. As soon as he was granted bail Interpol got him arrested. He’s hopeful of being done with the case in Dubai soon, then after he will attend to the several thousands of Menzgold customers because he himself is not a free man. He’s helpless now as he is on remand.”

Meanwhile NAM 1 has won his court case in Dubai.

The court which pronounced judgment Tuesday morning has also ordered the company, with which he had had issues with, to pay him all outstanding debts, reports say

NAM 1 has been in Dubai cell since November 2018 over a gold deal gone bad.