Ghana: NAM 1 Denies Defrauding Customers of Gh¢1.6 Billion

The Chief Executive Officer (CEO) of defunct Menzgold Ghana Limited, Nana Appiah Mensah, accused of defrauding some Ghanaians of GH¢1.6 billion, pleaded not guilty, when he appeared before the Accra High Court on Tuesday.

The CEO, also known as NAM 1, pleaded not guilty to 39 counts brought against him, and was granted GH¢500 million bail with four sureties none to be justified.

The charges are 22 counts of defrauding by false pretenses, seven counts each for money laundering and fraudulent…


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