Embattled Chief Executive Officer of Menzgold Ghana Limited Nana Appiah Mensah (NAM1), and two other people have been charged by the Attorney General in the High Court.
According to the most recent charge sheet, the CEO of Menzgold Company Limited, Brew Marketing Consult Limited, and NAM1 Gold Dealership were each charged with 39 counts in total.
The latest charges filed earlier today, Wednesday, August 30, 2023 with case numbered CR/0411/2023, was signed by the Director of Public Prosecution (DPP), Yvonne Atakora Obuobisa.
Mr Appiah Mensah has been charged with 36 counts of offences including abetment, defrauding by false pretences, carrying on deposit-taking business without license, unlawful deposit-taking, money laundering among others.
The Attorney General commenced the prosecution of NAM 1 in 2019 where he was accused of defrauding thousands of customers through his gold dealership firm over millions of cedis.
The case has witnessed a number of adjournments until fresh charges were filed today, Wednesday, August 30, 2023.
The new charges come after Mr Appiah Mensah announced plans to release locked-up funds to Menzgold customers after a payment of roughly GH₵650 for verification.
Subsequently, he reversed the decision to require former clients to purchase a verification Access Card in order to verify transactions and validate claims following strong backlash from his customers and the public.
“Menzgold would cease the production and printing of the PVC Digital Access Cards, which imposes a cost burden,” the defunct company said in a communique.
The company said it is resorting to “the printing of the PIN Codes only, for onward distribution at no cost subject to the following conditions, that; Clients with INVALID status may choose to either walk away or still in the face of the one or several of the 10 invalidity status reasons provided, adamantly proceed to seek redress or review of the invalidity determination, which shall come at a fee to avoid the abuse of our time, human and logistics resources.”
